What happened to this bowl? As the price of cryptos tanked, we stopped posting in here haha. What are your favorite blockchain projects going around right now?
Blockchain Theory and Technology
Thoughts on ways to integrate cryptocurrency into good user experiences for the general population? I think we are still many iterations away from that
This might be a dumb question, but can someone explain the functional difference between an atomic swap and using a pegged side chain for transfer between cryptocurrencies?
Any good insights/links around miner profitability analysis across the various bitcoin variants. (I mean taking into account block size, block time, incentive per block, difficulty levels and bombs.
Hi everyone! I am currently going through blockchain technology concepts and currently going through the concept of private blockchain. I find it hard to digest. Why should we use it? It kills the overall purpose of blockchain. Any thoughts or explanations?
I've been thinking about a concept: essentially a decentralized exchange similar to Kyber, except it would also have the comparability to issue new tokens on the platform. A new ICO would be proposed on the exchange, and the issuer would be able to also upload information about the project (white paper, code, statement from founding team, etc). P2p would ensure that information uploaded would be linked to the original issuer and prevent false info on ICOs which is currently rampant. Investors could then use existing tokens they have listed on the exchange to stake into the new ICO under a set of rules established by the issuer using smart contracts (ex: first 1000 bitcoin would get x tokens per bitcoin, next 1000 would get y amount of tokens, funding is capped at a certain amount, or however they want to conduct their funding round). Issuer can also set a threshold to return funding if the adequate amount of seed funding isn't reached, in order to eliminate underfunding of projects which often drives coin values down to zero. After a certain amount of time on the exchange, the promised ICO coins would automatically be issued to investors and immediately listed on the exchange for trading. Any coins staked on the actual exchange itself would generate a return of a percent of every transaction. I think this would make ICOs very transparent, enable regulators to easily monitor ICOs, reduce a large portion of the risk associated with new coin offerings, and open the door for accountability for founding teams and potential legislative recourse. Right now, someone could write a white paper and a few thousand lines of code, pump and dump Reddit, issue an ICO, collect millions in bitcoin/ether, and then abandon the project with no transparency or consequence. What are y'all's thoughts on this kind of protocol? It's just a curiosity that's been rolling around in the back of my mind for a while.
Has anyone had experience as part of a mining pool? I found a cheap 3.5 Th/s SHA 256 miner but not sure if it's worth the cost to run solo or pooled for BTC or alts. Would appreciate any input
Any thoughts on what happens when bitcoin starts approaching it's technical coin limit over the next 5-7 years?
System message: The description for Blockchain Theory/Tech changed to Discussion of the protocol rather than the market.