SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Strategies & Market Trends
Blockchain and Cryptocurrencies
An SI Board Since December 2017
Posts SubjectMarks Bans Symbol
1700 123 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

************
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
1700Bakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients Nikhilesh Glenn Petersen-yesterday
1699Great piece! Thanks. Permissioned blockchains that is where Quant Network may Claude Cormier1Sunday
1698The growing decentralized Cardano Blockchain. cardano.pubClaude Cormier-Sunday
1697Microsoft Unveils Platform for Minting Enterprise-Ready Crypto Tokens Ian AllisGlenn Petersen-November 4
1696This is an excellent 28 minute video about adoption of permissioned blockchain bw0z1November 4
1695Excellent observations. And I agree on that BTC is still inflating.Claude Cormier-October 28
1694I believe it was more tied to China's recent actions/statements...as has beeSavant-October 28
1693This is possibly the reason: canadianinsider.comClaude Cormier-October 27
1692President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain William Glenn Petersen-October 26
1691BTC just made just 3,000+ pt move up from support @ 7305 levelSavant1October 25
1690Newbalance on the RealChain with Cardano. youtube.comClaude Cormier3October 25
1689Zuckerberg testimony before congress on Libra.. live stream facebook.comRon-October 23
1688riversides-October 18
1687newbalance.iohk.ioClaude Cormier1October 18
1686More from Cardano Sneakers meet the blockchain in New Balance shoe authenticityClaude Cormier1October 17
1685Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 BilliGlenn Petersen-October 14
1684theblockcrypto.comSavant-October 12
1683SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering SEC Press ReGlenn Petersen-October 11
1682Appears legit, but who knows? [youtube video]Glenn Petersen-October 11
1681CFTC says cryptocurrency ether is a commodity, and ether futures are next DanieGlenn Petersen1October 11
1680Anyone know if this is legit? nexo.ioSavant-October 10
1679The World’s Most-Used Cryptocurrency Isn’t Bitcoin By Olga Kharif Bloomberg OcGlenn Petersen-October 2
1678New Balance to Use Cardano Blockchain to Confirm Product Authenticity cointelegClaude Cormier2September 30
1677Charles Hoskinson keynote - Cardano 2nd Anniversary meetup The Financial OperatClaude Cormier1September 28
1676The true blockchains do not make money and will never make because they are deceClaude Cormier1September 27
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):