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If you’ve been following new developments in technology or finance over the past couple of years, you might’ve heard the terms “blockchain” and “bitcoin” thrown around. They’re usually described in some pretty confusing, complicated-sounding ways…. ...

This post can also be read at OfNumbers » The Bitcoin network, and the networks of most of its descendants, are powered by a labor force, called miners. They are provided a wage, a seigniorage subsidy, called a block reward. They get paid roughly...

In this article, we explore the evolution of the digital black market.  We first explore how the concept of currency evolved into a digital, anonymous form – a critical component of the modern vulnerabilities and illicit goods black market.  Digital...

The following is a summary and analysis of a graduate thesis paper written by Michael Russo. It’s titled, “Satoshi’s Broken Promise: Conflicting Rhetorics In The bitcoin Ecosystem.” Russo calls bitcoin, “…yet another digital artifact promising revolution...

Editor’s Note: The author of this post is a legal technology and management consultant. By Ron Friedmann, Fireman & Company Both the legal and mainstream media have written many articles about the Blockchain. So I thought readers will appreciate...