Category: Blog

Magnet Merchant Tools – Public Beta

With Magnet Merchant Tools now in Public Beta (https://merchant.magnetwork.io), we want to step ahead and facilitate Magnet usage in real life scenarios as an online currency. At the same time, we don’t want to...

Masternode Rewards in Question

In this article, I wanted to clarify important and recurring questions about masternodes and rewards while introducing an upcoming service which we hope will satisfy a broad range of magnet investors and users. Averages...

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...

Magnet Network [MAG] – Join Us on Discord

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...

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...

Legend of Satoshi Nakamoto

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...

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...

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...