2018 Was a Nightmare for Most

The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality of the 16-month bear market, which came crashing down as soon as bitcoin achieved an all-time high at a price of $20,000. While not many major crypto exchanges have closed their operations in the past year, most exchanges — with the exception of some platforms considered to have real daily volumes by Bitwise Asset Management — have struggled to maintain a stable inflow of revenue. The bear market was particularly…

Block Mirror: 3 Ways Blockchain Could Make Life a Futuristic Dystopian Nightmare

Block Mirror: 3 Ways Blockchain Could Make Life a Futuristic Dystopian Nightmare December 16, 2018 by Robert DeVoe We all think of blockchain technology as being this world-changing, democratizing, freedom granting entity that will usher humanity into a new utopia. But what if that’s not true? What if instead, blockchain brings in an era of Black Mirror-like technology gone mad? In this article, we’re going to go over a few possible scenarios where blockchain could become your worst futuristic nightmare come to life. Also read: Stablecoins: Bad Money For the Modern…

RAM It All: Rising Costs Are Turning EOS Into a Crypto Coder’s Nightmare

Compared to ethereum, EOS seems to have scalable dapps figured out. Users of decentralized applications (dapps) on ethereum frequently chafe at the fact that any action – sending a tweet, playing a card, breeding a cat – costs money in the form of “gas” and takes time, as miners hash out the new state of the chain. At first glance, EOS suffers from neither of these issues. There is no fee to send tokens or call a dapp smart contract. And in contrast to ethereum, even when the EOS blockchain is…

RAM It All: Rising Costs Are Turning EOS Into a Crypto Coder’s Nightmare

Compared to ethereum, EOS seems to have scalable dapps figured out. Users of decentralized applications (dapps) on ethereum frequently chafe at the fact that any action – sending a tweet, playing a card, breeding a cat – costs money in the form of “gas” and takes time, as miners hash out the new state of the chain. At first glance, EOS suffers from neither of these issues. There is no fee to send tokens or call a dapp smart contract. And in contrast to ethereum, even when the EOS blockchain is…