For those of you who don't know, ICONOMI is a decentralized investment fund hoping to act as a bridge between the two very different economies, namely fiat and crypto currencies. It experienced tremendous amounts of success during it's ICO, when it managed to raise an amount of $11,319,689.82 with investors being able to deposit five…
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At this moment in time, Ethereum represents the basis of a popular digital currency, alongside with a decentralized platform meant to support apps that run as they are, without facing censorship, fraud or any form of third part interference. However, during its reign so far, the network was forced to implement a hard fork, to prevent…
Blockchain Regulation and the Swiss Landscape
Many blockchain projects are making switzerland their registered home. In particular the jurisdiction of Zug seems favourable. The Ethereum project itself was actually one of the first projects to base its operations in Switzerland. Other notable blockchain projects to since make a Switzerland a home are Monetas and Shapeshift. There are…
Recently, Ethereum has been undergoing several DOS attacks which have caused several major issues, longer block times being to most salient.
The attacks have gained greater community attention as it's been going on for nearly two and a half weeks with the attacks showing no signs of stopping.
Beginning during Devcon2 and causing a minor disruption since then, the…
Bitcoin and Ethereum are both open blockchain systems. The similarities between them are numerous. Ethereum is a direct descendant of Bitcoin. Ethereum was born out of frustration with Bitcoin, primarily stemming from its limited scripting language. This limitation in protocol can lead to convoluted results during the creation of higher level applications. Anyone can use either system; all…
The "fidelity problem" was coined recently by developer Jeff Garzik where it defines an issue with Bitcoin’s blockchain. However, it is more broadly applicable to any public blockchain that proves unable or unwilling to scale bandwidth to a size that could satisfy the deployment of higher-level applications. Bitcoin is more mature than Ethereum. It has been…
It's difficult to judge a coin at the beginning as you have no idea how many people it's attracted and how many of the people investing in it actually think the coin has a chance.
Given that, if you're just looking at a coin to trade or a coin that you'd like to support, here are…
The Bitfinex Hack: How'd it happen?
By now, most of you have already heard of the Bitfinex hack. If you haven't, here's some background- on August 2nd, 2016, nearly 120,000 Bitcoins were stolen from the site (at the time, 95 Million USD). Trading was halted later that day, and panic ensued. This, by no means, had a…
Ethereum classic is an altcoin created as a result of the hard fork that Ethereum did to retrieve the hacked DAO funds (I will explain this later in the article). In protest to Ethereum reversing a transaction in an “irreversible, decentralized currency”, they decided to capitalize on the existing and original, yet abandoned blcokchain. This…
The ultimate "internet of money"
Dash stands for Digital cash. It is a form of cryptocurrency that is quite popular among millions of people today! It is possibly the first form of digital currency that works similar to a physical currency! Transactions here take place without the wait, just like a normal physical transaction of…