In parts 1 and 2, we discussed a number of characteristics required for applications to consider before leveraging blockchain platform for efficiency and robustness. In this article, we round it up with three more criteria for blockchain use.
When the internet became widely adopted, it was clear that many companies were going to adopt it. Today, almost all companies, learning institutions and government agencies have adopted the internet and benefit from its services. Can the same be said of blockchain?
By Lumai Mubanga. [email protected] All cryptocurrency users have two types of digital signatures. These are private and public keys. Recall that both messages and transactions are sent over the Bitcoin network pseudonymously and trustlessly. This is achieved partly through the use of digital signatures. Transactions contained in previous blocks of the blockchain are tamper-proof, meaning […]
Launched in 2017 by the Linux foundation, hyper ledger has been gaining momentum, perhaps more that bitcoin blockchain. What is it that could be making hyperledger more appealing than its predecessor?
The Asian Pacific region is one unique region in the world that has witnessed the rapid growth of blockchain application. Perhaps only next to Europe and the US, it has surpassed Latin America and Africa combined.
By Lumai Mubanga. [email protected] Depending on your level of involvement in the Bitcoin ecosystem, you surely should have either a hot or a cold wallet to conduct transactions. Sending and receiving bitcoins into your wallet requires that you generate a private key were you will receive the bitcoins. Recall that, to successfully transact, you need […]
Like any undertaking, ICOs undergo several stages leading to the launch of a token or project. However, it must be acknowledged that there’s a lot of learning still going on in the “tokenomics” world.
In the previous article entitled “Blockchain technology, a culmination of old technologies” we discussed two old technologies on which blockchain is built. These are cryptography and distributed systems. In this article, we move a step further to discuss additional features that have made blockchain what it is today.
By Lumai Mubanga. [email protected] Editor note from Finmail: The title is slightly updated to reflect the content. Ever heard of Bitcoin and Ethereum Bubbles? The Bitcoin bubble was followed by the Ethereum bubble. Recall that the Bitcoin hype was created by speculative trading and the alleged Chinese business men entry into the cryptocurrency market. After […]
The coming of blockchain and bitcoins have amplified decentralization as never before. While there are assertions that decentralization has given advantages to the “bad guys” to carry out their evil schemes, there is very good reasons to believe that decentralization is what we need as a society in this era.
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