Put Your Trust In The Blockchain

Put Your Trust In The Blockchain

The number one virtue of the blockchain is TRUST. That’s the most disruptive innovation it brings. Trust is an economic issue and a factor in many businesses. When you buy a car or a TV or a bed, you do not know whether the product you bought will match the glowing...
When Is A Blockchain Not A Blockchain?

When Is A Blockchain Not A Blockchain?

Every now and then you run into a news story about some financial sector company using blockchain technology. A headline from this morning proclaims: Mastercard Hints at Plans for Blockchain Settlement System  In fact there’s a glut of financial sector blockchain...
Jamie Dimon’s Dubious Diatribe

Jamie Dimon’s Dubious Diatribe

Jamie Dimon, the Chairman, President and CEO of JP Morgan, took a few shots at Bitcoin, while addressing a conference in New York. He was “talking his book” as they say, extolling the virtues of Wall St banking and dissing the rising competition. Make no mistake,...
How Many Coins Should You Mint?

How Many Coins Should You Mint?

I figured I’d give the collective Algebraix opinion on this because someone recently asked me: “How did you decide the specific number of ALX coin to mint?” The truth is that we had to come up with some figure for the white paper. And we didn’t decide in a cursory...

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