How Blockchain is Similar to The Internet

About three decades ago, there was the inception of dial-up-internet, then came the internet era, and now, the blockchain revolution is here with us. Today, about nine out of ten Americans use the internet, but a fascinating recent invention is blockchain, the principal technology behind cryptocurrency. Still, in its initial stages, mainstream blockchain adoption may be some years away. Nevertheless, some people claim that its adoption will be as revolutionary as the internet. Over the years, many people have wondered…

Twitter’s Jack Dorsey: Internet Companies too powerful, Praises Bitcoin

On Wednesday, Twitter CEO Jack Dorsey said that prohibiting US President Donald Trump was the best resolution for Twitter. Still, he disclosed that few private companies shouldn't dominate the internet. Dorsey said that the concept was disputed last week when several foundational internet tool providers opted not to host what they thought was treacherous. He said that he trusts the companies came to their conclusions or were encouraged by others' actions. He added that the inconsistent policies and lack of…

How to Bitcoin During the Apocalypse

At some point in every Bitcoin investor's life, they stop and think to themselves, "what happens to Bitcoin if the internet goes down?" It’s true that originally Bitcoin depended on the internet to send and receive blockchain data between nodes. It’s also true that, for the most part, this is still the case today. However, this may not always be the scenario moving forward. The End of Days If the internet were to drop out of existence today, it would…

Beginner’s Guide to Blockchain Layers

The “Layers” of a Platform Say you want to build a 100-story tall building. You want it to be the tallest it can be, and at the same time, be able to support the weight all the way through. To ensure that the building is sturdy, you start with getting the right materials, building a strong base from a few stories below the ground, stabilizing the base, and carrying on with the construction. In the world of software and technology,…