Bitcoin and Technological Progress

The rise of cryptocurrencies in 2017 brought attention to the technology powering them, called “blockchains” or “the blockchain.” This article will assess why this technology became popular and what kinds of problems it both solves and creates. What is Blockchain? Blockchain is best explained through analogy. Think of the website of a newspaper like The New York Times. The contents of the site are stored … Continue reading Bitcoin and Technological Progress