Ethereum

This page will include updates in the Ethereum Ecosystem. Ethereum is a blockchain designed for users to build smart contracts on top of (smart contract platform). This allows companies to use blockchains to carry out a wide variety of functions. Ethereum uses a proof of work consensus algorithm. Approximately every 12–15 seconds, a miner finds … More Ethereum

LISK

Lisk is best compared to Apple’s own language (SWIFT) or Google’s own language (Julia). They’re trying to provide a language that lets users create decentralized applications run on it’s consensus algorithms to form side-chains, which can have their own tokens if needed. From the business perspective, they’re a bit like MongoDB in providing a set … More LISK

NEO

NEO is a smart contract platform designed for the new digital smart economy. It is very similar to Ethereum (in fact, it’s value increased tenfold when it rebranded itself as the Chinese Ethereum). However there are a few important differences. China NEO is a Chinese company. The Chinese government is notorious for giving preference to … More NEO

QTUM

QTUM is a smart contract platform with a proof of stake consensus algorithm meant to deal with interoperability issues inherent to the proliferation of so many unique smart contract platforms. As the adoption of blockchain grows and each ICO offers a new walled garden, the issue of balkanization has also become more pressing. While differences … More QTUM

Tezos

Tezos is a smart contract platform meant to improve on the limitations of Ethereum and Bitcoin. The primary advantage is the flexibility of the platform. One of the biggest problems the bitcoin network faces is on agreement of how to validate transactions on its network. This protocol can affect the resources going into validation, the … More Tezos

Litecoin

Litecoin Litecoin is a hard fork of bitcoin. It is often referred to as silver while bitcoin is gold. Like bitcoin, litecoin is mined and has a point at which no new litecoins can be mined. However, unlike bitcoin which is capped at 21 million tokens, litecoin will have 84 million. Litecoin is a fork … More Litecoin

Bitcoin

Bitcoin is the proof of concept for blockchains. It uses a proof of work (POW) verification mechanism. Additionally, the number of bitcoins that will ever be generated is capped to 21 million. Every four years, the number of bitcoins given out to miners per block is cut in half. This creates scarcity thereby increasing its … More Bitcoin