This has certainly been a crazy week in the cryptocurrency landscape. I keep writing about this topic, because it truly fascinates me. For years, this crypto thing has been looked at with pessimism, laughed at, and misunderstood. Cryptocurrencies are still misunderstood, but now suddenly both aspiring digital cat owners and Wall Street brokers alike, wants … Continue reading The clash of two worlds – kitties and Wall Street brokers
It’s sometimes hard to frame conversations around cryptocurrencies like Bitcoin and Ether. That’s largely down to the fact that no one can truly express what these things are, and what they mean to humans and our society. These are entirely new organisms that lack precedence. Is Bitcoin money? Is Bitcoin a network or a protocol? … Continue reading Bitcoin is not money
It’s a common misconception that the creator and/or the developers are in sole control of the blockchains they create, such as Bitcoin or Ethereum. But in reality governance of blockchains involves different parties that act according to whatever incentive they have. In the case of the Ethereum network, it consists of various participants that all … Continue reading How governance works for the Ethereum blockchain
In part 2 of this series we walked through the thought process around your digital ID. Once that’s established, you need to protect the keys and other secrets attached to this identity, such as passwords and cryptographic keys. In this blog post I will write about my own personal approach to this with some recommendations. … Continue reading Securing your digital home – part 3: keys and other secrets
Fungible currency is, or must be, a cornerstone of a democratic and free society. In this blog I will explore what a fungible currency is and why Bitcoin and Ether currently are lacking in this respect. What does “fungible” mean? Goods or items in a collection are “fungible” if all of the items have the … Continue reading Fungibility – why Bitcoin or Ether aren’t the most democratic currencies yet
In the past few weeks I’ve written about that blockchains are a kind of distributed ledger, and how they can be useful. But in these posts I left with a few unanswered questions that I’ll try to answer here. So far everything about blockchains seem wonderful. Blockchains will allow software, people and organisations to transact … Continue reading What’s the cost of using blockchains?
What we will discover in this blog post are some practical examples of how the social economics of any organisation can benefit with more auditable democracy and decentralised processes using blockchain technology. I’m writing this post in the context of the Iron Blogger (IB) organisation, but these concepts can of course scale to almost any … Continue reading A practical example of benefits using blockchain technology