Blockonomy Blog

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...

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...

Blockonomy.org

ICO, The Age Of Foolishness

Every night and every morn Some to misery are born, Every morn and every night Some are born to sweet delight. Auguries of Innocence. William Blake. 1803 Puzzle & Paradox Paradoxes are puzzles’ best...

GAME OF TRUST HASH POWER VS THE ODDS

Bitcoin Ledger & Trust – Hash Power vs The Odds

Bitcoin Mining Infographics To confirm transactions on the ledger, Bitcoin miners must find a specific number (hash) by performing an exhaustive search across a large range of numbers. Anyone has a chance to find...

Bitcoin Solo Miner: The Odds in 2017

Years ago, I won a book as reward for completing a little challenge which consisted of solving the following problem: While driving, I came across a milestone that read a two-digit number ab. One...

Blockonomy.org

Two Decade Old Encryption Software

I wrote the original version of Krypto Zone back in 1999 – debugging C++ code on a shiny VC6 IDE through many sleepless nights. Good old days! Here is the official and final resting...