Proof of Work, Explained (Part 1 – POW for Non-Techies)

Overview Personally, I’m fascinated by both the technical and financial implications of cryptocurrencies like Bitcoin, Bitcoin Cash, and Litecoin (to name a few). The way these currencies work is a complex topic, with lots of moving parts to discuss. One of the core components of cryptocurrencies like Bitcoin is the mechanism by which an entirely

Bitcoin as “Digital Gold” is Bad for Crypto Adoption

“Digital Gold” vs. “Digital Cash” The core Bitcoin network has a scaling problem, and has had this problem for a while now. As more and more transactions try to fit in Bitcoin’s 1MB blocks (once every 10 minutes), network fees have skyrocketed to $5-10 dollars, and that’s even a little low if you want your