Can Bitcoin Be Trustless?

Individualist societies lack solidarity relations insuring from ambiguity. An individual’s life in this kind of society mostly depends on his or her ability to purchase necessary items on markets. For that reasons, individuals look for a thing, or a commodity, that would enable them to purchase any commodity in future. Any individual looks for a […]

The Panama Papers: Banks and Private Blockchains in the Service of Corruption

Last year, blockchain has effectively become a buzzword for banking organizations. The initiative of R3CEV, an umbrella for several major financial players, is the talk of the town. However, in the light of recent leakage of so-called Panama papers, all those initiatives, from Ripple experiments to R3CEV, should probably be considered from a different point […]

Bitcoin, Cashless Economy and NIRP, Part II

Part One covered general features and peculiarities of bitcoin in comparison to national currencies of a cashless economy. Part Two covers bitcoin’s perspectives under conditions of negative percent rate policy (NIRP).

Bitcoin, Cashless Economy and NIRP, Part I

Publications specialized in covering crypto-industry use the term ‘cashless economy’ in the context of convergence between modern-day national currencies and bitcoin. While bitcoin hasn’t been a coin or a banknote for a single day in the first place, national currencies are only starting to abandon those ‘barbarian’ forms. Digitized national currencies require a certain degree […]

Ethereum in the Spotlight

The enormous hype around Ethereum these days has hardly been a surprise. With its market cap steadily being second to Bitcoin’s, and mind-boggling price surge of nearly +1,200% during only first three months of 2016, the project and its native token have become even more popular than good old Bitcoin.

Block Size Debate and Anarchy

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 […]

KYC: Know Your Cryptocurrency

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 […]

Opinion: There is No Block Size Problem

This is the guest post by Eugene Radchenko from AIRA DAO on blocksize debate and related issues. The views expressed are his own and do not necessarily represent the views of Forklog. In recent months, the issue of Bitcoin’s block size increase has become a burning point separating the community. Some stand for it, others […]

Blockchain is Changing the Public Services of the Future

The times when the distributed ledger technology, or, when applied to bitcoin specifically, the blockchain technology, was a scarecrow for big entities, have gone forever. Nowadays, blockchain has become a buzzword for major banks, stock exchanges, and even government institutions.

Bitcoin Terror Threat Terrorist Threat to Digital Currencies

These days, bitcoin and other cryptocurrencies are starring in speeches by various European officials proceeding from terrorist funding assumptions.

Why Russian Government Should Forget about the Blockchain Technology

Last week, Russia’s ‘official’ bitcoin enthusiast and, as a second job, the head of Sberbank, German Gref, has finally found an ally, Alexei Kurdin, former minister for finance. A bit earier, speaking at Gaidar Forum, Gref stated that “all government systems, and education, including everything from kindergartens to universtities, have to be changed in the […]

Longread: Death of Bitcoin and the Consensus Problem

A few years ago, I went to see a shrink. She taught me a pretty simple technique to get down to the bedrock of my problems. The technique is indeed a piece of cake, and anyone may use it. You just have to keep asking yourself “why so?” One time is not enough. Those experienced […]