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In this episode of Hashing It Out, recorded on the eve of Bitcoin 2023 in Miami, Cryptox’s Elisha Owusu Akyaw spoke to Cryptox journalist Joe Hall about what it means to be a Bitcoin (BTC) supporter and the current state of the Bitcoin network. The discussion ranged from Bitcoin maximalism and
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When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms that will excel at different things. With the Inter-Blockchain Communication Protocol (IBC), I’ve left
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MicroStrategy, the business intelligence and tech company that holds the world’s largest Bitcoin reserve, is hiring a Bitcoin Lightning software engineer to create a Lightning Network-based software-as-a-service platform. The new engineer will be responsible for building a Lightning Network-based platform to address enterprises’ cybersecurity challenges and enable new e-commerce use-cases, according
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As new layer 1 blockchains have popped up, we’ve seen the concept of maximalism shift to include individuals that believe their prefered chain (and only their chain) is the future of digital finance or web infrastructure. This includes niche maximalists such as smart contract or EVM (Ethereum Virtual Machine) maximalists,
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That’s just not how technology – or money – works, especially at a global scale: There are fits and starts, changing circumstances, and most of all, bubbly spurts of enthusiasm broken up by fallow periods of disenchantment. Carter believes that maximalists have attacked him not just because they mistakenly thought
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There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market
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And he seems entirely sincere about the meat of his argument. Amidst the huge diversity of blockchain ideas, he writes, the Bitcoin community’s commitment to caution and willingness to defend Bitcoin with real ferocity are particularly valuable. As he details with examples like Ethereum miners frontrunning users and development-funding tax
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Polkadot doesn’t have to be an “Ethereum killer” to succeed, according to protocol founder Gavin Wood. In a “fireside chat” with podcaster Laura Shin during the Polkadot Decoded business summit on Thursday, Wood was asked whether his protocol could exist alongside Ethereum given its lofty development goals and growing success in
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In a podcast for Lend Academy recorded Nov. 5, Asheesh Birla called Bitcoin (BTC) a “pretty innovative alternative to gold,” but added that 2020 had shown there was room for a lot of tokens in the crypto space. Birla said that he believed Bitcoin had not “gone after” payments, and
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MicroStrategy’s decision to use Bitcoin as its primary reserve currency has Michael Saylor seemingly favoring the asset over altcoins.In a Sept. 20 tweet, the business intelligence company’s CEO stated that he considers Bitcoin (BTC) to be a crypto asset network, unlike tokens like Ethereum (ETH) or stablecoins, which he referred
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