New Zealand has incredible potential to take the blockchain industry by storm and distinguish itself a global leader. The question is: will it seize the rapidly fading day?
We recently discussed stablecoins as a cryptoeconomic primitive that may prove the key to cryptocurrency adoption. Stablecoins, by definition, are aimed at being as stable as possible. This is usually achieved by pegging the value to a fiat asset, such as the US Dollar.
The cryptocurrency exchange BitBay adds to the stablecoin offering by introducing their own pegged coin. In contrast to other attempts at stablecoins, BitBay promises to return power over coin value to the user.
The blockchain has proven itself to have multiple applications within the retail sphere.
Cryptoeconomic primitives can be defined as cryptographic tools that allow us to build decentralized economic applications. You will have heard of at least one low-level cryptoeconomic primitive: the cryptographic token, which serves as an abstraction for an asset.
A look at the need for blockchains to interface with the rest of the world through reliable oracles.
Bitcoin has enjoyed a recent spike in valuation yet the uptick could turn out to be a double-edged sword for the burgeoning cryptocurrency. The Catch-22 of increasing and decreasing value only adds to the volatility apparent in the market.
Blockchain Technology has changed a lot since Bitcoin got the ball rolling in 2008. However, we have been promised mass adoption for a while now and this “revolution” is happening rather slowly.
There are many reasons for this, but some are more obvious than others. In this article series, we will look at three important innovations the blockchain ecosystem needs in order to succeed.
Let’s start with Scalability.
Ethereum’s co-founder has recently launched seven uncomfortable questions highlighting the unsolved problems of current blockchain technology. Whilst some of his questions
Cryptocurrencies have been around since 2009. Despite examples of real-world use, they have so far not taken off as a
One of the factors hamstringing cryptocurrency adoption is the relative lack of things one can do with it. Similar to
Almost 10 years have passed since Bitcoin was announced. It did not take long for the first recorded cryptocurrency transaction