Solidity and the Ethereum Virtual Machine

Welcome to the first decentralized global computational machine. Over the past couple weeks I have been reading the Homestead release notes, the Solidity Documentation, watching youtube videos about Ethereum; really just an all out effort on trying to understand what this protocol is and why it is a technological successor to Bitcoin. In trying to … Continue reading Solidity and the Ethereum Virtual Machine

Distributed Consensus Protocols

Blockchain technology is the greatest computational advancement we have seen in the past 5 years. In terms of available information, real-time market effects, network effects, sentiment, research, feedback loops for price, volume, transaction levels; there is currently nothing as open and riveting. It is a new distributed database that can potentially be the foundation for an … Continue reading Distributed Consensus Protocols

The Power of The Blockchain: Future Developments and Applications

Talent hits a target others can't hit, Genius hits a target others can't see. - Arthur Schopenhauer The sentiment surrounding Bitcoin has transformed. It has gone from being known as the anonymous payment mechanism to facilitate illegal transactions, to a speculative digital bubble with no intrinsic value, to what industry leaders are now calling the … Continue reading The Power of The Blockchain: Future Developments and Applications

Decentralized Asset Exchanges

The next layer on top of the Bitcoin protocol is real time asset distribution information, consensus , and public ledger. Stocks, bonds, real-estate, escrow, microloans, gambling, crowdfunding and P2P contracts will be executed on decentralized networks. This has been referred to as colored coins or designated digital "contracts" by a new protocol named Ethereum. Ethereum … Continue reading Decentralized Asset Exchanges