While Bitcoin (₿) is the most famous cryptocurrency, it is only one of approximately 2,000 cryptocurrencies in circulation today. All of the heavily traded cryptocurrencies are powered by some version of a distributed ledger (blockchain), and each has at least one unique attribute that differentiates it. Here's an overview of 5 popular cryptocurrencies and how they compare to Bitcoin.
A smart contract is just like an old-fashioned verbal or paper contract except with a smart contract, the conditions can be met digitally. Smart contracts are not new, but they are newly relevant (and a bit overhyped) because they are an awesome, non-cryptocurrency use of blockchain technology.
This past week, the NRA and advocates for gun safety and common sense gun laws found common ground: background checks. According to both sides, gun purchasers should be subjected to rigorous background checks. This is an excellent starting point for a constructive and productive dialogue.
Shelly Palmer talks with Richard Quest and David Wachsman on CNN’s Quest Means Business about Bitcoin price crash.
Blockchain, the underlying technology that powers bitcoin, is one of the buzzwords of the past year. Practically everyone is talking about blockchain, and for good reason. Distributed ledgers, the term of art for blockchain’s underlying technology, offer an exciting new way to transact business without a central authority. Here’s a nontechnical, simplified description of the component parts.