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.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends
Blockchain and Cryptocurrencies
An SI Board Since December 2017
Posts SubjectMarks Bans Symbol
1738 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:

Initial coin offerings (ICOs) market caps:

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

Vitalik Buterin whitepaper (A Next Generation Smart Contract & Decentralized Application Platform):

Blockchain Technology Overview (Draft NISTIR 8202):

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):

Wikipedia entry:



The Block:

Related SI boards

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 2019 Annual Dapp Market Report daap 2020-01-20 09:00:00 KeGlenn Petersen-yesterday
1737There is no such thing as code getting ripped or stolen. Most cryptos are open Claude Cormier-yesterday
1736Had I known, yes. It's never easy to learn of the best, too little, too lateInternship-Monday
1735Here Are the Five Blockchain Projects to Keep an Eye on in 2020 by Daniel Philw0z3January 8
173420 Blockchain Predictions for 2020 [graphic] Getty Images By ANDREW KEYS Jw0z2January 8
1733The Importance of Interoperability for Blockchains Blockchain, considered the cw0z1January 6
1732The article in full: What will happen to cryptocurrency in the 2020s Brian ArmGlenn Petersen2January 6
1731Tomorrow, I’ll make a post looking ahead to what we can expect in crypto in the w0z1January 6
1730What happened in crypto over the last decade Brian Armstrong The Coinbase Blog Glenn Petersen1January 5
1729"The re-insurance blockchain consortium B3i has also opted for Corda, suggew0z-January 5
1728State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020 U.S. w0z1January 5
1727Thanks.Claude Cormier-12/23/2019
1726<i>What period covers the rewards number on the right side?</i> OneElroy-12/22/2019
1725IMO, a very promising platform. I like it. But we can't invest or build on tClaude Cormier-12/22/2019
1724What period covers the rewards number on the right side? What is the total amouClaude Cormier-12/22/2019
1723Personally I think it is wiser to invest in trustworthy stocks instead of cryptClaude Cormier-12/22/2019
1722Cardano still progressing And Charles Hoskinson doejaubin-12/22/2019
1721We Totally Misunderstood Blockchain By Paul McNeil - Opinion Cointelegraph DeceGlenn Petersen-12/21/2019
1720Ripple Raises $200 Million as Part of Bid for XRP Adoption By Jeff John RobertGlenn Petersen-12/20/2019
1719You guys have any thoughts on Tezos XTZ?El Ringo-12/18/2019
1718GBTC had a lower close. BTC very close to Nov 24 low, 6520, the down trend is stKirk ©-12/18/2019
1717BTC very close to Nov 24 low, 6520, the down trend is still intactSavant-12/17/2019
1716XRP distribution from SBI
1715Wagerr sports betting coin/chain is showing explosive growth in usage (bets). SElroy-12/16/2019
1714... the Australian Securities Exchange (ASX) working on a partial conversioGlenn Petersen-12/15/2019
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):