3 Reasons Bitcoin Will Stick With Proof of Work
Bitcoin switching from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) is never going to happen and here are 3 reasons why
The Economics of Dogecoin And Why It’s a Dangerous Bet
Starting out in 2013 as a joke, Dogecoin has found staying power as the original memecoin. But how much is it still a joke?
Building On Bitcoin: An Overview Of RSK Rootstock Smart Contracts
Building a new financial ecosystem on Bitcoin Entrepreneurs around the world are building products & protocols on top of Bitcoin’s strong foundation to bring to life a new financial system. The Bitcoin market cap hovers around $323B, however, much of this value is being held and not actively being put to use. This presents an […]
What Are Zero Knowledge Rollups And Can They Help Scale Bitcoin?
Almost since its creation, some Bitcoin enthusiasts have looked to ways the functionality and scalability of Bitcoin might be increased. As Bitcoin adoption continues to expand, the ability to build trustless, financial primitives on top of the protocol will be key in challenging the fiat-based monetary system(s). To date scaling solutions to Bitcoin have varied […]
The Crypto Anarchist Manifesto
This article was originally published by Timothy C. May on MIT A specter is haunting the modern world, the specter of crypto anarchy. Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct […]
Dogecoin Is Like Musical Chairs
This article was originally published by Austin Litman on Proofofwork.ca There’s no supply cap on Dogecoin, and over 5 billion new coins are made every year. This means to drive the value up, the memes must increase in quality since there is no value proposition with the supply. The memes for Dogecoin are good, and […]
After The FTX Fraud, It’s Time to Be Even More Bullish on Bitcoin
When the Securities and Exchange Commission announced charges against FTX CEO Sam Bankman-Fried this week, it ended a nearly 2-month-long drama. This article was originally published by Yael Ossowski on DCjournal.com Bankman-Fried’s unethical business setup between his hedge fund Alameda Research and crypto exchange FTX (including the 130 related companies now in bankruptcy) were enough of a […]
Paxful Removes Ethereum From Platform
Paxful, one of the largest peer-to-peer exchange platforms, has announced that it will be removing Ethereum from its marketplace. In a statement, the company’s founder, Ray Youssef, said that although revenue is important, the company values integrity above all else. Paxful, which allows users to buy and sell Bitcoin using a variety of payment methods, […]
Blockfi And Why You Shouldn’t Give Bitcoin For Yield
This article was originally published by Austin Litman on proofofwork.ca Blockfi was a platform that would hold your Bitcoin for you and generate a return. They call the return a yield, APY, whatever. But how do they guarantee these % returns? The answer is they gamble with your funds. They don’t tell you exactly what they’re investing in; […]
Alameda Received Over $36 Billion USDT From Tether
This article was originally published by Dirty Bubble Media on Substack Fraud, money laundering, and corruption on a global scale, yet regulators seem asleep at the wheel. This has happened before… “History never repeats itself, but it does often rhyme.” As the FTX-Alameda criminal enterprise continues to unwind, onlookers have been treated to an ever-more-shocking […]
