Sep 28, 2014

What is Arbitrage? Put simply, arbitrage is buying something at a low price and selling more or less immediately at a higher price through a different market. There are many kinds of arbitrage, but all of them boil more or less to the same goal: Capitalizing on a price difference for economic gain. Arbitrage is everywhere in our global economy and lots of commercial transactions depend upon it and utilize it.

Sep 19, 2014

Recently more and more alt coins have decided to integrate a proof of stake system over the traditional proof of work system used by Bitcoin and Litecoin. But why, one may ask? Frankly, the proof of work system is not perfect. A cryptocurrency without proof of stake doesn’t just lack an incentive for users to continue holding on to their coins, but is also susceptible to a 51 percent attack if one party controls a majority of the total mining output.

Jan 2, 2013

Satoshi Nakamoto first published their paper on Bitcoin back in 2009, but it didn’t reach real mainstream popularity until recently. Only the users who understand the highly technical mechanics of Bitcoin invested their time in the technology during 2009-13 intermission period. In February of 2013 Bitcoin, and soon cryptocurrencies in general, finally entered the public consciousness. Despite being a four year old technology, many of the core features of the Bitcoin protocol were not polished in any capacity, let alone ready for mass public consumption.