All types of computer systems are vulnerable in one way or another. For example, the proof of stake algorithm was introduced to solve a specific challenge in the proof of work algorithm. But there are specific attacks unique to PoS. These are long-range attack and stake grinding attack.
The debate as to whether the rise and adoption of blockchain is a natural evolution or a consequence of revolution will be around for some time to come. While others contend that it is a revolution, others strongly feel that it is an evolution because change is inevitable.
By Lumai Mubanga. [email protected] With B-Money, HashCash and DigiCash having laid the foundation as bitcoin Predecessors, Bitcoin was set to do what no other cryptocurrency before it had ventured to do; create an anonymous, trustless, decentralized currency. Instead of putting trust in any human or human organization, the bitcoin protocol was set to attempt putting […]
The financial crisis of 2008 could be defined as an epoch event in the history of humankind that passed and left a trail of unknown effects, effects that would be felt decades after it is even forgotten. One though cannot mention that event without mentioning the banking sector.
The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.
Recently it was announced that the new launch Ethereum 2.0 will adopt the proof of stake algorithm. Why could this algorithm be more appealing?
By Lumai Mubanga, [email protected] In his article, I would like to endeavor to answer the question, what is Bitcoin? In answering this question in future articles, I write about the origins and motivations leading to the development of this crypto currency. Later on, I will touch on a number of important concepts related to crypto […]
Every technological breakthrough certainly has its own drawbacks. This is the case with ICOs. How do ICOs compare with venture capital fundraising? This article will consider two possible ways.
With Blockchain gaining more and more momentum and adaptations across different platform, it appears the technology is just heating up and is yet to reach its climax in ita transformative wave across businesses. This article endeavours to speculate on the possible effects Blockchain will have on businesses in general.
In parts one and two of “blockchain – what it is”, we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?
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