Nxt is an advanced block chain platform that builds on and enhances the basic functionality of
pioneering cryptocurrencies such as bitcoin.
Nxt is an advanced blockchain platform which builds on and improves the basic functionality of
pioneering cryptocurrencies such as Bitcoin and litecoin.
Not exact matches
In
such a case, it becomes imperative to look up to the
cryptocurrency and blockchain
pioneers to gain a clear understanding of what to expect in the upcoming days.
They came to a conclusion that blockchain technology
pioneered by
cryptocurrencies such as Bitcoin and Ethereum had quickly reached its limit of transactions.
His speech echoed the fact that Indian government does in no way recognise
Cryptocurrencies such as Bitcoin same as a legal tender but is equally welcoming towards the spread of blockchain technology for
pioneering payment gateways.
Such a potential was raised in a patent filing for a hardware device that enables
cryptocurrency trading, given that one of its listed inventors — economist Richard Sandor — is credited as having
pioneered the financial product in the 1970s.
However, there are a few factors to consider
such as the fact that Bitcoin was the
pioneer cryptocurrency and it did not have any competition at the time.
Meanwhile, as even blockchain
pioneers such as Ripple's Brad Garlinghouse favor some form of regulation, Stiglitz, who previously served as the World Bank's top economist, suggests that regulating bitcoin would do more harm for the
cryptocurrency cause than good.
He compared the
cryptocurrency industry with digital miscue services, where the
pioneer and the groundbreaker Napster soon gave way to more successful competitors,
such as iTunes and Spotify that came to the market later and learned from Napster's mistakes.