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Strategies & Market Trends
Blockchain and Cryptocurrencies
An SI Board Since December 2017
Posts SubjectMarks Bans Symbol
1892 125 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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1892SingularityNET collaborates with IOHK to Explore Cardano/AGI Synergies blog.sClaude Cormier1yesterday
1891Crypto bill decrypt.coSavant-yesterday
1890IRS trap for crypto currency cheats> wsj.com Savant1last Saturday
1889Wow! I think this person is describing a system like CARDANO. But he may not bClaude Cormier1September 19
1888Charles Hoskinson speaks about Cardano's on-chain governance. youtube.comClaude Cormier-September 17
1887Today, CARDANO is announcing the launch of Project Catalyst’s first public fundClaude Cormier3September 17
1886Yep. But I think the ecosystem will have more velocy in the years ahead as the Claude Cormier3September 13
1885Inch by inch.Glenn Petersen-September 13
1884How CARDANO Can WIN The DeFi Race youtube.comClaude Cormier1September 13
1883CHANGING THE WORLD youtube.comClaude Cormier1September 13
1882And it is only the beginning.Claude Cormier-September 13
1881How bitcoin met the real world in Africa By Alexis Akwagyiram, Tom Wilson ReuGlenn Petersen3September 12
1880USDC Stablecoin Supply Is up 250% in 2020. Here's Why Supply of USDC, the CGlenn Petersen1September 11
1879My favorite libertarian and humanist on the crisis and the future. The future iClaude Cormier2September 8
1878Coinbase shuffles board ahead of rumored IPO, Marc Andreessen joins as observer Glenn Petersen-August 31
1877Merci Claude!!!!! Going to study first, decide later :-). Good advice.claireg-August 24
1876En premier lieu, les investisseurs à long terme ne laissent pas leur Adas sClaude Cormier-August 24
1875Merci pour toutes ces infos. Comment deleguer ses ADA et quelles sont les recompclaireg-August 24
1874Kraken serait un excellent choix selon ce qu'on me dit. Vous allez transigerClaude Cormier-August 23
1873Merci, Claude. J'ai choisi Kraken, et j'espere que Cardano sera a la hauclaireg-August 22
1872Kraken, Binance are among the exchanged tha deal with Cardano. I think Coinbase Claude Cormier-August 21
1871THat is an excellent idea, so you can maintain the control on your coins.Claude Cormier-August 21
1870Great buy into LINK. What a performance.Claude Cormier-August 21
1869Report finds $50 billion of cryptocurrency moved out of China hinting at capitalGlenn Petersen1August 21
1868In a world where central banks issue digital currencies, bitcoin and Libra may fGlenn Petersen-August 20
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