Two and half a year ago I posted “China: If Bitcoin remains small, it will be allowed to live” I didn’t expect the Party to tolerate Bitcoin for so long. I left China soon after that post so I stopped reporting much about China. However, the recent cryptocurrency market crash prompted me to offer insights and to explain some...
A while ago in an office discussion, I was asked the question whether or not the immutability associated with Blockchain is a threat to privacy since immutability means that the data is there for eternity — not forgotten.
The answer is yes, whatever you may want to be forgotten can’t be when it’s on the Blockchain. That’s why people put...
Usually, those who work with PKI, work behind the protection of software developers, technical support staff, professional organizations and business people. Despite the social ring the name has: ‘public key infrastructure’, those keys typically work in the fancy infrastructure while remaining pretty well segregated from the public.
Blockchain is based on digital signatures, which is the key part of PKI....
Working as a Blockchain architect I often hear this:
“We used Blockchain to share XXX information between XXX and XXX.”
Sounds like a Dropbox style use-case, right? Do you really need to use Blockchain to share information?
Those who are in the Blockchain space know that Blockchain isn’t ideal for information sharing use-cases. The most quoted answer is:
“Blockchain has very low bandwidth...
What is Trust? Does it differ from sharing?
Working as a Blockchain architect, I often find myself in such conversations:
“We can’t share a Blockchain with them because we don’t trust them. In fact, they don’t trust us as well.”
Such arguments often come with anecdotes, like how little information sharing was possible in the past; how the past attempts to connect...