#cryptocurrencies

If Bitcoin is a monetary incarnation of cryptoanarchism principles, the question of what a Solomon’s decision on block size would be like is not a private issue meaningful just for coders, bitcoin businesses owners and enthusiasts. It is an isolated situation of a more general question: what is the golden rule for making socially important […]

Distribution of cryptocurrencies is non-uniform across the globe. While in some countries, like the US, some European and Asian nations, bitcoin and altcoins have garnered significant support in local communities, other regions are almost crypto-deserted. For that reason, any crypto-related startup in such realms may boom and thrive. However, obstacles placed before such innovative startups […]

Earlier this February, German ministry of finance came up with a proposal to limit cash transactions to €5,000. While the move has launched yet another set of indignation ripples across local society, it can hardly be perceived as something new. Most European countries have already imposed some restrictions on amounts transferred in cash. Thus, France […]

Government institutions are well-known for their continuing attempts to impose controls on everything they may possibly think of. This is not a modern trend; examples of this kind of behavior are identifiable throughout the whole history of humankind. Government is all about controlling after all, and any such entity, be it in ancient Egypt, the […]

The head of the People’s Bank of China conceded the central bank may use blockchain technology for its future digital currency presently under development. Speaking to Caixin Weekly, Zhou Xiaochuan stated that the PBOC may utilize blockchain technology alongside with cloud computation, secure chips, and mobile networks in its electronic currency’s operation. The statement could […]

Tunisia will become the world’s first country to operate its national currency via blockchain. The blockchain in question, however, is an advanced version of the bitcoin’s one developed by Monetas. With population of about 11 million, Tunisia has more than 3 million people unbanked. However, 600,000 of them using eDinar, a digital version of the […]

Several bitcoin developers announced they were going to develop yet another altcoin dubbed Decred in order to address the centralization issues they believe are inherent in bitcoin. Their concerns may seem justified, as the community recently started discussing the probability of bitcoin’s centralization due to concentration of mining capacity in the hands of a small […]

Eugene Kaspersky, CEO of the Kaspersky Labs, called cryptocurrency the mankind’s most brilliant invention, however, he opted to stress that in geopolitical terms the world community is not ready to use it as yet.