Using Paper Wallets

What are Paper Wallets? When storing Bitcoin and other cryptocurrencies, one can either use a hot wallet or a cold wallet. A hot wallet is one that is connected to the internet. They generate and store private keys and broadcast the signed transaction to the network. Cold wallets are ones that aren't connected to the... Continue Reading →

How do Smart Contracts Work?

What is a Smart Contract? A smart contract can be described as a protocol based on a computer code that is intended to digitally facilitate, verify and/or enforce the negotiation or performance of a contract on the parties to the transaction. Transactions that take place via smart contracts are trackable, irreversible and enforceable without the... Continue Reading →

Blockchain Identification: Good, Bad or Terrible?

"What do you think about initiatives seeking to secure people's identities and personal information using the blockchain? These will allow users to only reveal individual pieces of information to different providers. Will that solve anything, though? Won't banks still require that people provide all of the same information in order to open a checking account?"... Continue Reading →

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