Almost anyone who has heard about Bitcoin or Ethereum, know that it’s risky business. Some risk factors are; the immature technology, lack of real-world applications that provide real value, lack of protective regulation and price volatility against fiat currencies. In this post I’ll go through ways to manage some of these risks.
Blockchains are being talked about everywhere it feels like. Companies, institutions, friends and family they all ask about it, and (most of the time) trying to understand what this new technology is, and what it can do for them. In the past I did a non-technical explanation of how blockchains work. But you don’t really explain why you would use something, by explaining how it works. So in this blog I’m going to try to explain what value blockchains can bring to almost any company.
I previously talked about liquidity and money on blockchains. I find this a very interesting subject. I believe, some of the greatest benefits that blockchain technology will bring to the world is disintermediation in liquidity, custodianship and brokerage. That is, without any middle men, having the ability to easily swap between different types of digital assets (liquidity), keep assets safe (custodianship), and automatically execute on agreements (brokerage). I will put this into some perspective… Continue reading “Lending yourself money, from assets you own. Interest-free.”
I’m very positive about the future of cryptocurrency and blockchain technology and the good that it can bring to this world. But it’s not gonna be a straight line to mass-adoption. It’ll take a while for the good in people to cut through greed, inequality and evil powers. Continue reading “It’s gonna get worse, before it gets better”
Zero-knowledge proof cryptography is something that I have lots of interest in. It’s a type of cryptography that allow a prover to prove to a verifier that a certain statement is true, without revealing anything else apart from that statement. ZK-SNARKS, a variant of zero-knowledge proofs, is being built into Ethereum (it already exists in zCash). In this blog post I’ll refer to a very simple story that explain how zero-knowledge proofs work. Continue reading “Two balls and the colour-blind friend”