Cryptocurrency Articles

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What Libra Could Mean for the Cryptocurrency Industry
1000 648 David Hoppe

Ever since Bitcoin entered the mainstream consciousness, rumors have abounded that major companies would come around to a cryptocurrency mindset and enter the space. Until recently, these rumors amounted to very little, as tech giants eschewed the world of digital assets. This all changed with Facebook’s recent announcement of its own cryptocurrency,…

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Why and How Cryptocurrency Exchanges are Illegitimately Inflating Trade Volumes
1000 648 David Hoppe

According to CoinMarketCap, daily cryptocurrency trading volumes peaked at over $750 billion per day during the market’s bull run, and today regularly exceed $50 billion. These are sizable numbers for an industry that still only makes headlines on the basis of its potential, having yet to establish any significant real-world use cases.…

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Life after the Bull Run: The State of ICOs in Spring 2019
1000 648 David Hoppe

The days of the famed bull market of 2017 are long over. Inflated prices came and went, as did many cryptocurrencies that were not worth their weight in the false promises they made to token holders. As the dust has settled, many have come to believe that ICOs, and many of the…

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The Business of Crypto Lending
1000 648 David Hoppe

The growth of the cryptocurrency industry created demand for new financial products to support crypto asset classes. The current bear market has spurred this demand, as many speculators who refuse to offload their crypto-assets (in hopes of riding out the down trend until the next market turnaround) require immediate access to capital.…

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The Effects and Aftermath of the Ethereum Classic 51% Attack
1000 648 David Hoppe

Fears of a ‘51% attack’ have loomed since the popularization of blockchain technologies. Indeed, attacks were attempted and in some cases succeeded upon some smaller, lesser known cryptocurrencies (see Bitcoin Gold 51% attack), but the scale of the major blockchains rendered them resistant such attacks. That was, until January 7, 2019 when…

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Classification of Cryptocurrencies is an Important Issue
1000 648 David Hoppe

The word ‘cryptocurrency’ is often used to describe any of the myriad of new digital assets available in the market today. This grouping is not inaccurate, but it is highly generalized and fails to capture the different types of cryptocurrencies, the ways in which they are used, and how they should be…

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How Ethereum is Solving its Scaling Problem
1000 648 David Hoppe

Scaling is often regarded as the biggest impediment to the mass adoption of blockchain networks. If blockchain technology was to reach mainstream usage and attract millions of new users, blockchain networks would be simply unable to handle the increased traffic. Ethereum is marketed as the world’s decentralized computing platform, but is susceptible…

Bitcoin’s Centralization Problem
150 150 David Hoppe

As we have discussed in previous articles, decentralization is at the heart of blockchain technology and its potential to change the way the world thinks about money and the global economy. Bitcoin, the industry’s largest cryptocurrency, was created as a completely decentralized entity, but over time has begun to gravitate toward a type of centralization that could potentially threaten its ability to develop and maintain its status as the gold standard for the industry.

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How Cryptocurrency Exchanges are Becoming More Legitimate
1000 648 David Hoppe

Cryptocurrency is an industry for which global regulation ranges from inconsistent to non-existent and as such, all participants face significant and diverse types of risk. Of all the potential risks, cryptocurrency exchanges are the primary source of concern for investors, users, and cryptocurrency advocates alike. For years, exchanges operated in the shadows,…