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Archive for category: Lumai Mubanga

41

Likely barriers to blockchain adoption in developing countries

While the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.

42

Dash – an altcoin with a difference

The crypto market is still growing with new crypto assets on a daily basis and catching up on this surge is a challenge. However, there are a good number of older crypto assets that may not be as popular to many as the new ones being offloaded into the market. One such an asset is the Dash.

43

Getting Bitcoins the easy way

By Lumai Mubanga. [email protected] To deal with Bitcoins successfully, you need to understand what a wallet is and what wallet mechanisms are in place. There is a lot happening in this sector that may leave many confused. A certain amount of level headedness is required to minimize this especially for those awakening to the demands […]

44

Pitfalls of proof of stake consensus part 1

Aside from addressing many bottlenecks associated with proof of work, proof of stake is not without its flaws. For instance, it seem to have introduced its own problems such as the “Rich getting richer”, liquidity issues and the possibility of one changing the history of the block chain.

46

ICO – a new fundraising innovation

Initial Coin Offerings – ICOs are proving to be among the best fundraising options for huge blockchain projects. Some companies have raised huge amounts of investment capital beyond expectation. But what makes ICOs more innovative than the traditional venture capital? How does this mode of raising capital motivate open source projects?

47

The Bitcoin philosophy – success from previous failures

By Lumai Mubanga. [email protected] They say there is no breakthrough success without frustrating failure. That is very true with the success of Bitcoin. Bitcoin immerged as the first successful cryptocurrency after many attempts by other forerunners who made early attempts. The success of bitcoins paved way for many more altcoins to emerge, thanks to Bitcoin […]

48

Blockchain and conflict minerals

African is well known for its mineral wealth many of which is rare, expensive, and in high demand. However, Africa is also well known for civil strife especially in areas where these minerals are found. One mineral that was recently classified as a conflict mineral is tantalum.

49

Can cryptocurrency be legal tender?

by Lumai Mubanga Legal tender is usually government-issued and controlled. It is regarded, as a national assert recognized and used as legal tender in other neighbouring countries. Legal tender is also regarded as national pride and a sign of sovereignty. Some more powerful legal tender currencies like the US Dollar are also used as reserve […]

50

Ethereum and tokenization

The three biggest blockchains have different approaches to tokenization. The Ethereum and bitcoins blockchain hold tokens while the Hyperledger does not. What is the purpose of some tokens on the Ethereum blockchain? How does it differ from other tokens?