Blockonomy Blog

A Very Important Lesson in Life – 2018

“A very important lesson in life – that anytime you find someone more successful than you are, especially when you’re both engaged in the same business – you know they’re doing something that you...

$500K Market Cap – MAG Is Reaching New Heights

MAG Live Market Along with the first feature release (version 1.2.1), it is exciting to see Magnet market capitalization reaching half a million dollars – only 2 weeks after initial exchange listing.   Magnetize...

Magnet Network [MAG] – Join Us on Slack

I spent 10 years of my career working for financial firms in Paris and London. Using technology to bring financial markets to life is something very peculiar in the software development industry. And, this...

In Satoshi Nakamoto We Trust

Tech Innovation vs The Economic Paradigm

The technology powering cryptocurrencies is innovative and full of promises. However, it is important to realize that digital currencies do not shift the paradigm of the economic world. Failure to recognize that entices people to...

Bitcoin Wallets - What's the weather like?

Wallet and Trust – The Bigger the Better

In a distributed ledger system, trust is based on consensus mechanisms which require every user to independently obtain and validate the transaction blocks. The issue is that the size of the blockchain data may...

Satoshi Nakamoto, Puzzle and Paradox

Two years ago, artist Marguerite Christine (a.k.a. Coin_Artist) published a series of paintings called “The Legend of Satoshi Nakamoto”. Each painting represents a cryptographic puzzle hiding the key to a Bitcoin stash. Despite many...

Blockonomy.org

Cryptocurrency & Security: The Jackpot Question

From rag to riches, cryptocurrencies have something of the “Slumdog Millionaire” story, so here is one jackpot question for “Bitcoin Jamal”: Since the computational complexity of functions used in cryptocurrency systems is assumed (and...

Mining Experiment Lucky Miner

A Bitcoin Mining Experiment for Everyone

Being involved in the video game industry, I am always interested in ways new technology can be leveraged through gamification to provide opportunities for engagement, retention and monetisation. I created this experimental app to...

Blockonomy.org

Cryptocurrencies – Anonymity Is Taken (Not Given)

The arrest of fellow citizen Gal Vallerius is all over the news in France. The case highlights the fallacy that cryptocurrencies enable criminal activities through providing anonymity – they don’t. Anonymity Is Like Power...

Blockonomy.org

Short Selling Cryptocurrencies – The Devil’s Advocate

Most likely, Jamie Dimon (CEO of J.P. Morgan) did not talk innocently of a dollar-backed cryptocurrency while calling Bitcoin “a fraud”. Any currency that could fix the price level volatility (FED coin?) while taking...