As we gather around the table to give thanks, let's take a moment to appreciate the incredible journey of Bitcoin (BTC) and its impact on the world.
From its humble beginnings in 2009 to its current status as a global phenomenon, Bitcoin has come a long way. Its decentralized nature, security, and transparency have made it an attractive alternative to traditional fiat currencies.
As we reflect on the past year, we're grateful for the resilience and determination of the Bitcoin community. Despite market fluctuations and regulatory challenges, the ecosystem continues to grow and evolve.
So let's raise a glass (or a fork) to the pioneers, developers, and enthusiasts who have worked tirelessly to push the boundaries of what's possible with Bitcoin.
Here's to another year of innovation, adoption, and progress in the world of BTC! #Bitcoin #Cryptocurrency #Thanksgiving
As we gather around the table to give thanks, let's take a moment to appreciate the incredible journey of Bitcoin (BTC) and its impact on the world.
From its humble beginnings in 2009 to its current status as a global phenomenon, Bitcoin has come a long way. Its decentralized nature, security, and transparency have made it an attractive alternative to traditional fiat currencies.
As we reflect on the past year, we're grateful for the resilience and determination of the Bitcoin community. Despite market fluctuations and regulatory challenges, the ecosystem continues to grow and evolve.
So let's raise a glass (or a fork) to the pioneers, developers, and enthusiasts who have worked tirelessly to push the boundaries of what's possible with Bitcoin.
Here's to another year of innovation, adoption, and progress in the world of BTC! #Bitcoin #Cryptocurrency #Thanksgiving
As we gather around the table to give thanks, let's take a moment to appreciate the incredible journey of Bitcoin (BTC) and its impact on the world.
From its humble beginnings in 2009 to its current status as a global phenomenon, Bitcoin has come a long way. Its decentralized nature, security, and transparency have made it an attractive alternative to traditional fiat currencies.
As we reflect on the past year, we're grateful for the resilience and determination of the Bitcoin community. Despite market fluctuations and regulatory challenges, the ecosystem continues to grow and evolve.
So let's raise a glass (or a fork) to the pioneers, developers, and enthusiasts who have worked tirelessly to push the boundaries of what's possible with Bitcoin.
Here's to another year of innovation, adoption, and progress in the world of BTC! #Bitcoin #Cryptocurrency #Thanksgiving
$ETH Some Thoughts On Ethereum and The DAO As many (most, all?) of you know, last week The DAO, a large crowdfunding experiment based on the Ethereum blockchain, was hacked and something like $50mm of Ether was taken from The DAO. That Ether may end up being recovered due to a fork of Ethereum that was done in response to the hack. Much of this was covered in Nathaniel Popper’s post in the New York Times last friday.
I won’t say that I predicted this but I certainly saw something like it coming in my blog post on Experiment and Scandal that I wrote a month ago.
Ethereum is brand new technology. The smart contracts that can be built on Ethereum are an entirely new thing and we are just seeing what works and doesn’t work with this technology. It is safe to say that the contracts that The DAO wrote did not work. The DAO is a failed experiment that suffered from more than poorly written and ill conceived smart contracts. It also suffered from way too much money and hype being invested in it. I was thinking of The DAO when I wrote these words a month ago:
#AltcoinMomentum What Is an Altcoin? Altcoins are generally defined as all cryptocurrencies other than Bitcoin (BTC). However, some people consider altcoins to be all cryptocurrencies other than Bitcoin and Ethereum (ETH) because most cryptocurrencies are forked from one of the two. Some altcoins use different consensus mechanisms to validate transactions, open new blocks, or attempt to distinguish themselves from Bitcoin and Ethereum by providing new or additional capabilities or purposes.
Most altcoins are designed and released by developers with different visions or uses for their tokens or cryptocurrency. Learn more about altcoins and what makes them different from Bitcoin.