Understand how the first and most succesful DAO works, and how Bitcoin can host Web 3.0 applications, dApps, NFTs, and DAOs in the future.
DAOs set out to replace organizations as we know them today with an approach of openness and decentralization. But what are DAOs really?
Here’s my take on the term “crypto”, Bitcoin’s reputation as a “store of value”, and how the future of the crypto market may unfold.
In this post, I provide some tips on what to say when discussing Bitcoin with parents or other skeptical relatives.
A good post to learn more about the fundamentals of blockchain; the challenges to mass adoption, and the top player’s solutions.
Why did Tesla suspend payments in Bitcoin, and does the decision make sense? I think it does. Learn more in this post.
A global copyright registry based on blockchain technology could solve many of the issues that the copyright regime struggles with today. Learn about the God Protocol, and how it could theoretically replace digital rights law and the use of DRM technologies.
The finale piece of the puzzle to fully understand the mechanics’ underlying Bitcoin, is digital signatures, which are based on public-key cryptography. The digital signatures provide an easy way for nodes to identify accounts and authorize transactions.
Mining is how new bitcoins are generated, and while the use of hash functions makes any changes to the blockchain visible in the network, the mining process is what makes data on the blockchain infeasible to tamper with.
Blockchain technology has been praised as one of the greatest inventions of our time right next to electricity, radio, and the internet. The technology has the potential to transform nearly all sectors, industries, and businesses.