Tagged: Blockchain

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...

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...

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...

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...

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...