Category: Crypto Skepticism of the Week

real blockchain

In Search of ‘Real’ Blockchain? Good Luck with That

Last week, Kadena founder Stuart Popejoy questioned whether the IBM HyperLedger Fabric blockchain was a ‘real’ blockchain in this article on Cointelegraph. His argument has several provocative points, but his central concern is Fabric’s consensus mechanism. According to Popejoy, “A blockchain is, at its core, a decentralized immutable ledger of events or transactions in which […]
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The Rumors of Cryptojacking’s Death are Greatly Exaggerated

Thank heavens for crypto, or we wouldn’t have two of the greatest cybersecurity scourges of the 21st century: ransomware and cryptojacking. Ransomware was the cybercriminal’s darling in 2017, followed shortly by illicit cryptomining aka cryptojacking in 2018. Now that crypto prices are in the toilet (relatively speaking), it seems that cybercrooks may be shifting back […]
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bitcoin cash

Unavoidable Conclusion from Bitcoin Cash 51% Attack: ‘Bitcoin…has no value’

Earlier this month (May 2019), two mining groups joined together and mounted a successful 51% attack on the Bitcoin Cash (BCH) crypto. Perhaps you heard about this news, or perhaps you didn’t (I found out about it via this Cointelegraph article). The reason for the crypto community’s underwhelming response might be that the motivations of […]
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crypto scam

Things Crypto Scammers Say

There are basically two kinds of people in the crypto world today: scammers and their marks. Not a scammer? Well, then, you’re a mark. If you haven’t already fallen for one of the multitude of crypto scams out there, here’s a quick guide to identifying a scammer. If you hear somebody saying any of the […]
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