Vitalik Buterin Archives - Market Mad House

daniel April 12, 2018 Asiff Hirji, Can Coinbase’s Business be expanded?, Coinbase Tries to Expand Market for Cryptocurrency, Coinbase Ventures, Coinbase wants to become a Brokerage, Has Coinbase Solved the Scalability Problem?, the scalability problem, Vitalik Buterin, Will Coinbase be a Good Investment?

Will Coinbase be a Good Investment?

Once the scalability problem has been solved, Coinbase might become a value investment. Until then it is simply an interesting experiment in blockchain technology and should be avoided by all but the richest investors.

Current blockchain technology is so slow Coinbase might run afoul of the banking laws simply because it could not process funds fast enough to comply with them. The Federal Deposit Insurance Corporation (FDIC) requires banks to have a certain amount of liquidity, present blockchains are too slow to provide that liquidity.

Cryptocurrency

daniel March 5, 2018March 6, 2018 . The Lightning Network, coauthor of the Lightning Network’s whitepaper, Has Buterin Admitted Smart Contracts are Not Smart?, high-volume payment processing solution for Bitcoin., Joseph Poon, new Ethereum scalability solution, Raiden Network Alternative, Scalable Autonomous Smart Contracts., Vitalik Buterin, Vitalik Buterin plans Raiden Network Alternative

Vitalik Buterin plans Raiden Network Alternative

It sounds as if Buterin has admitted that smart contracts are not very smart, or very useful in the real world. The existence of Plasma indicates that Poon and Buterin believe that a lot of work needs to be done before Smart Contracts are ready for mass use.

The hope behind Plasma is to increase the scalability and speed of Ethereum smart contracts. Like Bitcoin, Ethereum has a serious scalability problem, currently a block of Ethereum can only execute around 20 transactions a second; or 1,200 transactions a minute. That makes it impractical for large-scale commercial applications.

Cryptocurrency

daniel December 2, 2017December 2, 2017 Ban Cryptocurrency, Bank of England, Cryptocurrency Wars, old lady of Threadneedle Street, the Fed is starting to think about cryptocurrency, the PBOC, the People’s Bank of China (PBOC) is heavily involved in cryptocurrency research, The United States might be losing the race to develop the next generation of financial technology, Vitalik Buterin, Will America lose the Cryptocurrency Wars?, Will China Win the Cryptocurrency Wars?, Would the US Congress Ban Cryptocurrency?, Yao Qian

Will America lose the Cryptocurrency Wars?

China is developing the next generation of financial technology, while America is still playing with its printing press.

Will it take Americans using Chinese or British cryptocurrency for all their transactions to get the Fed to realize what is going on? What’s truly scary is that things might be about to get far worse, because some U.S. politicians have a solution to the problem: ban Cryptocurrency.

Cryptocurrency

daniel August 25, 2017 China’s Estcoin, e-Residency, Estcoin, Estonia Considering National Cryptocurrency, Estonia Cryptocurrency, Estonian Cryptocurrency, first national ICO, Is Estonia planning a National ICO?, Is NEO, Republic of Estonia, Vitalik Buterin, Will Estonia build an Ethereum-based Economy?, Will Estonia Leave the Eurozone?, Will the EU Tolerate an Estonian Cryptocurrency?

Estonia Considering National Cryptocurrency

Korjus proposed that Estonia stage the first national ICO in a recent blog post.

“‘Estcoins’ could be managed by the Republic of Estonia, but accessed by anyone in the world through its e-Residency program and launched through an Initial Coin Offering (ICO),” Korjus wrote.