How Does Blockchain Technology Work?
As stated in our guide "What is Blockchain Technology?", there are three principal technologies that combine to create a blockchain. None of them are new....
Lightning Network Centralization Leads to Economic Censorship
A few months ago, I wrote an article called “Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution”. It received quite a bit of...
Ethereum Upgrades as Hard Forks Activate on Blockchain
Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident.
At 19:57 (UTC), the sixth and...
Stellar Gears Up to Implement Lightning Network
Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been...
SegWit transaction capacity increase compared to Bitcoin Cash
Abstract: In September 2017, we wrote a piece on the SegWit capacity increase. Here, we provide an update on SegWit adoption with six more months of transaction...
Why Use a Blockchain?
As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology.
This is, perhaps, because it is...
What is a Distributed Ledger?
Ledgers, the foundation of accounting, are as ancient as writing and money.
Their medium has been clay, wooden tally sticks (that were a fire hazard),...
Lightning’s First Implementation Is Now in Beta
Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first...
Risk of SegWit – Mining Cartels
The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction...
Understanding Web 3 — A User Controlled Internet
Coinbase breaks down the motivation and technology behind the development of Web 3
This 3-part post focuses on the why, what and how of the latest...