Thursday, June 21, 2018

Fascinating discussion from Bank for International Settlements (BIS) about crypto currencies: “Cryptocurrencies promise to replace trusted institutions with distributed ledger technology. Yet, looking beyond the hype, it is hard to identify a specific economic problem which they currently solve. Transactions are slow and costly, prone to congestion, and cannot scale with demand. The decentralised consensus behind…

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The post BIS: Crypto Not Ready for Prime Time appeared first on The Big Picture.



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