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Strategies & Market Trends
Blockchain and Cryptocurrencies
An SI Board Since December 2017
Posts SubjectMarks Bans Symbol
1821 122 2 ETH
Emcee:  Glenn Petersen Type:  Moderated
A blockchain is a digitized, decentralized and globally distributed public ledger of transactions that is constantly growing as completed blocks (the most recent transactions) are recorded and added to it in chronological order. The Harvard Business Review has described it as “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.” A blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of subsequent blocks, which requires collusion of all of the other blocks in a chain. All of this happens in an open and transparent environment.

The first blockchain was conceptualized in 2008 by an anonymous person or group known as Satoshi Nakamoto and implemented in 2009 as the core component of the technology underlying bitcoin, where it now serves as the public ledger for almost all cryptocurrency transactions.

Blockchain’s cryptocurrency applications are only the tip of the iceberg of its potential applications. Some observers believe that the widespread adoption of the blockchain technology could potentially be more disruptive than the introduction of the Internet. Some blockchain boosters say that the development of blockchain rivals, in significance, the introduction of double-entry bookkeeping in Renaissance Italy. Blockchain in this context is triple-entry bookkeeping where the third entry is a verifiable cryptographic receipt of every transaction.

Many businesses, from energy to healthcare to food are already exploring and implementing blockchains in an effort to trim costs\ and secure and share information more efficiently. They do so knowing that there very survival may be at stake.

In the summer of 2016, Dan Tapscott, the Co-Founder and Executive Director of the Blockchain Research Institute, delivered a TED Talk on the “Blockchain Revolution.”

How the blockchain is changing money and business



Corporations and individuals can create private “permissioned” blockchains which use an access control layer to govern who has access to the network. In contract to public blockchain networks, the users on private networks are vetted by the network owner.

This board has been created to discuss the underlying technology of blockchain, the potential and actual usage of the technology and, most importantly, the investment opportunities surrounding blockchain. Inevitably, these will include the cryptocurrencies and some casino stock plays that will flare out and crash.

"Software is eating the world" - Marc Andreessen

External resources

Cryptocurrency market caps: coinmarketcap.com

Initial coin offerings (ICOs) market caps: coinmarketcap.com

Satoshi Nakamoto whitepaper (Bitcoin: A Peer-to-Peer Electronic Cash System): bitcoin.org

Vitalik Buterin whitepaper (A Next Generation Smart Contract & Decentralized Application Platform): the-blockchain.com

Blockchain Technology Overview (Draft NISTIR 8202): csrc.nist.gov

Beyond the Bitcoin Bubble (New York Times): Message 31439473

Bitcoin Mania (New York Review of Books): Message 31432686

Understanding the fundamentals of IBM blockchain (Blockchain for Dummies): ibm.com

Wikipedia entry: en.wikipedia.org

Coindesk: coindesk.com

Cointelegraph: cointelegraph.com

The Block: theblockcrypto.com

Related SI boards

Bitcoin:
Subject 59173

GBTC: Bitcoin Investment Trust (not an ETF): Subject 59732

IOTA (which does not use a traditional blockchain technology): Subject 59917

Binance (BNB): Subject 59928

Wagerr (WGR): Subject 59927


Fintech (Cryptocurrencies, ICOs etc.): Subject 59550

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1821Technically, Cardano is and will continue to be the best platform. Within 6 montClaude Cormier2yesterday
1820I am in or $500USD I picked up 6200 ADA at 1030 satoshis on Bittrex today. I iGraystone1Thursday
1819It's much more than serious jaubin-Wednesday
1818Cardano enter a new era this summer. Cardano becomes fully decentralized with OClaude Cormier3Wednesday
1817This bodes well for Cardano. Cardano Price Analysis: ADA Surges 13% And Finallyjaubin-Wednesday
1816Cardano is holding its 2020 Annual summit on July 2nd & 3rd. For those who wClaude Cormier2Monday
1815If any of you want to learn more about blockchain, crypto, etc, RealVision is hw0z1last Saturday
1814Billionaire Chamath Palihapitiya Says He Bought 1,000,000 BTC in 2013, Warns BitSavant-June 25
1813cointelegraph.comSavant-June 25
1812Not everyone is a believer.... Nassim Taleb: Almost All Bitcoiners Are ‘Total ISavant-June 22
1811Honeywell's new quantum computer edges closer to threatening Bitcoin decryptSavant-June 22
1810Price of Compound token continues to soar ahead of Coinbase listing decrypt.coSavant1June 21
1809Paul Tudor Jones to Be Biggest Bitcoin Holder in 2 Years — Max Keiser cointelegSavant-June 21
1808'Elon Musk' Bitcoin scam rakes in $2 million in two months decrypt.coSavant2June 20
1807There are now 8,000 Bitcoin ATMs globally Global installations have jumped by 1Glenn Petersen-June 17
1806This should be great: The Cardano 2020 Virtual Summit It is free! ubivent.comClaude Cormier-June 16
1805China takes battle for cryptocurrency hegemony to new stage Beijing backs privaGlenn Petersen1June 16
1804etherscan.io Yet another bogus transaction....fees outrageous, vs actual Ether Savant1June 11
1803Yet another "goose egg" transaction, this time on Ethereum. Someone paSavant-June 11
1802Ethereum Co-Founder’s Firm Starts Compliance Service for Tokens By Olga KharifGlenn Petersen-June 8
1801Cryptos & Politics, married forever! youtube.comClaude Cormier-May 30
1800Cardano Nouvelles Aujourd'hui - Cardan ADA Skyrockets Au- dessus de 0,063 $ jaubin-May 30
1799Global Promise and Momentum of Cryptocurrency & Blockchain spark-conversatiClaude Cormier3May 29
1798Cardano’s Charles Hoskinson Announces The Dates For Shelley As ADA Price Surges jaubin2May 28
1797What is Bitcoin and Blockchain The basics: youtube.comClaude Cormier3May 18
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