Ethereum Q&A: Light clients, EVM, and Mist

Marcus asks, “Why would one use Metamask, MyEtherWallet, or MyCrypto?” “Is it just that they can hold multiple Ethereum-based tokens, or do they have more useful capabilities?” Metamask, MyEtherWallet, and MyCrypto are three lightweight clients and wallets. They don’t just implement wallet functionality. They make the Web3 Javascript interface available… in your browser, that allows applications (DApps) to run and access the Ethereum network. Through this wallet, [you can] create…

Bitcoin Q&A: Lightning Network game theory

“Can the Lightning Network rules be changed and updated easily, unlike [the Bitcoin blockchain], which requires super-majority consensus (almost everyone must agree) for simultaneous upgrade?” “Can groups of users use different variations of the channel rules and form a separate sub-network, with or without maintaining compatibility to the entire Lightning Network?” That is a really great question. The Lightning Network rules can be changed and upgraded quite easily. Lightning is…

Bitcoin Q&A: Exchanges, identity, and surveillance

‘Given the current status of Bitcoin and other open blockchains, how can users who purchase their BTC on an exchange, exposing all of their [personal information], protect their privacy and anonymity? Especially when governments have very sophisticated tools such as Chainanalysis. Should there be infrastructure and a paradigm shift on how users switch their assets from fiat to crypto?’ This is a great question. Right now, it’s actually very difficult…

Coins Vs. Tokens – What’s The Difference?

Hey there, everyone! Welcome to another PIVX Class. Today we’re going to cover a simple yet often mistaken topic. We’re going to talk about how cryptocurrency coins are different from tokens. They are both run on blockchain technology, and they are both traded quite similarly, but they are actually quite different. So let’s just cut to the chase and get started. To begin with, let’s recap our knowledge of blockchain…

Bitcoin Q&A: Wallet design and mass adoption

“What conditions should the ideal wallet meet?” That is a question which can only be answered if I understand your particular requirements. There is no perfect wallet for everyone. Wallets serve different purposes better than others. It depends on what you are trying to achieve. It is a bit like asking, “What is better, a Ferrari or an agricultural tractor? The [answer] depends on what you are trying to do….

Why Open Blockchains Matter

[Music] Hi! Wow… Oh my god. This is quite amazing. I’m really excited to be here at this conference. I’m so excited to be talking to all of you, who apparently are developers? That’s what it says back there on the screen. I assume it’s true. How many people in this room have used open-source software? [Audience raises hands] Trick question! I’m just trying to get you to warm up…

Bitcoin Q&A: From barter to abstract money

[AUDIENCE] I have a two-part question. Both are related to social norms. Before digital currency and before centrally control currencies, people [would] barter, still even today. I see that Bitcoin will perhaps promote more of that barter of services, in exchange for bitcoin. That is one question: is this really nothing but to promote more barter of services across the globe? The second question is, given the bitcoin currency requires…

TeslaCoin – The Currency to Finance Free Energy – “Nikola Tesla Vs. JP Morgan”

“All my money has been invested into experiments with which I have made new discoveries enabling mankind to have a little easier life.” -Nikola Tesla- (TeslaCoin Emblem). “Throughout space there is energy … it is a mere question of time when men will succeed in attaching their machinery to the very wheelwork of nature.” -Nikola Tesla- In 1895, Nikola Tesla changed the world with the construction of the Niagara Falls…

The History of the European Central Bank

After two world wars in less than a century, many people sought the means to prevent such devastation from happening again. One idea put forward by a French civil servant, Jean Monnet, and taken up by France’s foreign minister at the time, Robert Schuman, was to pool the industries that were seen as the engines of war: coal and steel. In 1951, six countries – France, Germany, Belgium, Italy, Luxembourg…