Wednesday, 2 November 2016

#DIGITALASSETS CURRENCY OF THE FUTURE? #CRYPTOCURRENCIES

Self explanatory; introducing Zcash.

"A correction concerning the currency of the future

Izabella Kaminska  Nov 01 09:46

Over the last four/five years we, the mainstream media (with the exception of this here blog), may have given the impression that we believe Bitcoin will become the currency of the future. And if it isn’t to become the universal currency of the future for every man, woman and child, we may have given the impression it would at the very least become the currency of the future for every operative in the global shadow economy.

As of today, November 1, however, we’d like to issue a small correction. We no longer believe Bitcoin will be “the one”. It turns out Bitcoin is plagued with terrible problems like an inability to scale, developer infighting, Chinese miner concentration, poor mining economics and, generally speaking, far too much transparency to be effective as a shadow economy currency (RIP Dread Pirate Roberts). Our bad.

We now think the currency of the future will be Ethereum, Private blockchains, Monero, Zcash."

Continues, and is worth the read, and so are the links, note especially the New York Times coverage.

Sources

Latest Top Stories -->> http://www.occupythebanks.com 

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