Crypto Market Still Has Plenty of Room to Run

By Greg Wilson, Analyst Palm Beach Daily – July 18, 2019 “Is it too late?” That’s been a popular question among cryptocurrency investors over the lifespan of the asset class. For example: In 2013, bitcoin ran from roughly $100 to $1,100. And investors asked, “Is it too late?” In 2017, bitcoin ran from roughly $1,000 to over … Read moreCrypto Market Still Has Plenty of Room to Run

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin

By now, you’ve probably caught wind of Facebook’s freshly-unveiled cryptocurrency, Libra. The news captured international media attention and has dominated headlines for more than two weeks since the official announcement. But if this is the first time hearing of it, welcome to the future where data wasn’t enough and now Facebook wants to control monetary policy, … Read moreFacebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin

Bitcoin Mining

Chances are you hear the phrase “bitcoin mining” and your mind begins to wander to the Western fantasy of pickaxes, dirt, and striking it rich. As it turns out, that analogy isn’t too far off. Far less glamorous but equally uncertain, bitcoin mining is performed by high-powered computers that solve complex computational math problems (read: … Read moreBitcoin Mining

Proof of Work

This explanation will focus on proof of work as it functions in the bitcoin network. Bitcoin is a digital currency that is underpinned by a kind of distributed ledger known as a “blockchain.” This ledger contains a record of all bitcoin transactions, arranged in sequential “blocks,” so that no user is allowed to spend any of their holdings … Read moreProof of Work

Satoshi Nakamoto

Satoshi Nakamoto is considered the most enigmatic character in cryptocurrency. To date it is unclear if they are a single person, or if the name is a moniker used by a group. What is known is that Satoshi Nakamoto published a paper in 2008 that jumpstarted the development of cryptocurrency. The paper, “Bitcoin: A Peer-to-Peer Electronic Cash … Read moreSatoshi Nakamoto

Blockchain

What is Blockchain? If this technology is so complex, why call it “blockchain?” At its most basic level, blockchain is literally just a chain of blocks, but not in the traditional sense of those words. When we say the words “block” and “chain” in this context, we are actually talking about digital information (the “block”) … Read moreBlockchain

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