By Mark NesbittCrypto is a rapidly growing space, with many views on how it might evolve. This series explores various ideas on crypto’s future and does not necessarily reflect the view of Coinbase.TLDR: This post explores a typical evolution of understanding Bitcoin, how its most common criticisms can actually be strengths, and why its value proposition is unique among … [Read more...] about Perspective: Bitcoin is not boring
Perspective
ENS DAO delegates offer perspective on DAO governance and decentralized identity
Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory Rocco, … [Read more...] about ENS DAO delegates offer perspective on DAO governance and decentralized identity
The Investor’s Perspective on the Bitcoin Taproot Upgrade
In June, Bitcoin miners signaled support for Taproot, a bundle of three upgrades to Bitcoin aimed at improving network security, privacy and scalability. This CoinDesk Research report looks into the merits of the upgrade from the investor’s perspective, outlines some potential drawbacks and issues a reminder that Bitcoin is an investment in technology. Source link … [Read more...] about The Investor’s Perspective on the Bitcoin Taproot Upgrade
Nonfungible tokens from a legal perspective
A nonfungible token (NFT) can be both a representation of a physical or digital asset that only exists on the internet — a programmable piece of art. It provides ownership of an underlying asset, like a painting, and it can also represent a digital asset in the form of a software code. Therefore, I like to conceptualize NFTs in a more technical view:“An NFT is a pattern of … [Read more...] about Nonfungible tokens from a legal perspective
Coinbase’s perspective on the recent Ethereum Classic (ETC) double spend incidents
By Don YuTakeawaysCoinbase was not targeted by any of the attack transactions and lost no fundsAt 10:57 PM PST 7/31/2020, Ethereum Classic (ETC) was 51% attacked resulting in ~800,000 ETC (~$5.8 million) of double spend transactions.At 8:15PM PST 8/5/2020, Ethereum Classic was 51% attacked again resulting in ~460,000 ETC (~$3.2 million) of double spend transactions.During the … [Read more...] about Coinbase’s perspective on the recent Ethereum Classic (ETC) double spend incidents