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This article is originally published in Albaron Ventures. In our quest to escape from existing corrupt centralized systems, we may believe that it’s possible to achieve complete decentralization. However, recent academic research shows that this is unfeasible — at least sustainably. For example, Bitcoin’s Proof-of-Work (PoW) mechanism relies on many different nodes to “mine,” or verify and […]
GUEST: With all of the excitement around blockchain technology, it’s easy to think what we have now is the foundation for the next wave. Yet, it’s worth remembering we are still in the early stages. The blockchains we have today probably won’t be the blockchains of tomorrow. I am still bullish on Bitcoin (for reasons […]
GUEST: The news made the rounds in early April. “America’s Retailers Are Closing Stores Faster Than Ever” read a Bloomberg headline. “These 21 Retailers Are Closing 3,591 Stores — Who Is Next?” wrote Forbes. It felt like the end of an era for many. Back in 1998, I worked at a company called Snickelways (alas, it didn’t make it), […]
