cryptonomics

In my unprofessional opinion, an ICO (Initial Coin Offering) will replace the IPO (Initial Public Offering) just like the Decentralized Exchanges (DEX) will replace current exchanges, and Atomic Swaps will be fluid in our daily transactions. This will take time, as regulation will be made, and our understanding of blockchain deepens. However, we already have had many ICOs, and we already have a few DEXs. An ICO should be looked at as an unregulated way for a firm in the crypto-space to raise money, and fund their project(s). It is a way for crypto-firms to bypass regulation and raise funds quickly, while jumping onto the cryptocurrency hype, so caution must be taken as most crypto-enthusiasts see ~90% of ICOs failing. In the ICO's current state, when you purchase a coin/token, you don't own a share of that firm. The firm isn't required to disclose information as they would after an IPO. However, if there is a lot of buzz around said firm, their token value theoreti...

I have been coming across some interesting readings; from the recent way to breed digital kitties on Ethereum to a pretty interesting piece from Hackernoon, " Bitcoin's Final Boss ". So, the Ethereum network has been congested again. This time it isn't being congested by ICOs, instead, Digital Kittens ( Cryptokitties ) that look... nice(?). Cryptokitties made up 11% of Ethereums traffic (12/05/2017). This is seen as problematic as new users continure to pile into the cryptocurrency space, and the problems of a congested network persist. This is problematic because this isn't just oddly adorable kittens unable to breed, this is people's money on the line. Forgive me of my inability to adequately tell this next story, but know that I tried. The last time that I had an experience with congestion (aside from all the times the coinbase app has crashed on me) I had a margin position open on Poloniex . In which I had gone long Ethereum, as it was ascending ...