Category: obitx
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The Opportunity cost of Cryptocurrencies
byIs Bitcoin a currency ? Or for that matter, is any other cryptocurrency a currency ? This is a question that is often asked. And the answer that is often given is that just like any other currency, they allow for the transfer and store of value. By using a shared ledger that is distributed among users […]
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Why we didn’t ICO
byBy Aleks S Because we love our users, and don’t want to rip them off. We also give a $%*& about our business — and some stupid token created for the sake of raising non-dilutive capital will just get in the way of running the business, create pointless friction, increase the barrier to entry, confuse the end user, […]
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Did a Canadian Crypto Exchange Steal All Its User Funds?
byBy Laura Desmond Canada just renegotiated NAFTA, legalized marijuana, and is now the scene of crypto’s most recent exit scam A small crypto exchange in Canada is crying “hack”, but it appears they pulled off an exit scam disappearing with ~$6 million worth of bitcoin. An exit scam is when an exchange builds up a reserve […]
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Do Security Tokens Need a New Blockchain? Benefits and Challenges Part II
byBy Laura Desmond This is the second part of an essay that debates the value proposition of a new blockchain for security tokens. In the first part, we discussed some of the challenges of the current generation of security token platforms that justify the case for a new blockchain for security tokens. Today, I would like […]
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Evolution Has Already Approved of Everything You’ll Do Tomorrow
byDarwin’s theories illustrate the improbability of the present and the unknowability of the future “Each and every one of us has been born into a given historical reality, ruled by particular norms and values, and managed by a unique economic and political system. We take this reality for granted, thinking it is natural, inevitable and […]
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Top 12 Things That Destroy Developer Productivity
byA lot of articles address the role of tech leads and engineering managers. One common theme we often come across is how to increase a team’s productivity. But before you focus your energy trying to increase their productivity, you might first want to consider what’s destroying it, to have a sound base on which you can […]
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Time to Kill the Tech Monopolies
byWhat Is The Best Way To Improve Competition In Modern Capitalism? A comedian once quipped that “if poor people knew how rich rich people are, there would be riots in the streets”. This is yet to happen, but the populist movements across the world are a good indication of the ongoing rejection of the liberal order […]
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How everyone’s wrong about the energy used in Bitcoin mining
byThere’s no such thing as a free lunch. There’s no such thing as a zero sum game. The 2nd law of thermodynamics tells us this. You know, the one about entropy and how everything will be really, really lame in a couple of trillion years. There’s no action without an equally big reaction somewhere. This is […]
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How One Blockchain Startup is Transforming Travel and Increasing the Accessibility of Cities
byWe all know that social networks and digital content distribution is controlled by a small number of large companies. The strength of these companies lies in the content that millions of users create and share on a daily basis. In platforms like Facebook and Twitter, users are not only customers who consume advertising or pay […]
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It’s not too late to “break in” to crypto
byI receive a lot of emails from crypto enthusiasts asking for advice on how to “break in” to crypto. And I totally get it! After all, crypto is a highly technical and multi-disciplinary field that moves at a breakneck speed. Having been on the other side, I know and empathize with the struggle of trying […]
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