Token Daily https://www.tokendaily.co Token Daily Blog en-US Copyright 2019, Token Daily Tue, 22 Jan 2019 21:56:03 -0800 Tue, 22 Jan 2019 21:56:03 -0800 60 Goodbye, Enterprise Blockchains https://www.tokendaily.co/blog/goodbye-enterprise-blockchain Ledger databases, not blockchain, is the enterprise community's path forward in this new tech era. General https://www.tokendaily.co/blog/goodbye-enterprise-blockchain Tue, 08 Jan 2019 16:49:29 -0800 Why Building a Quant Fund in Crypto is Harder Than People Think https://www.tokendaily.co/blog/why-building-a-quant-fund-in-crypto-is-harder-than-people-think General https://www.tokendaily.co/blog/why-building-a-quant-fund-in-crypto-is-harder-than-people-think Wed, 02 Jan 2019 14:35:32 -0800 What Happens to Bitcoin in Financial Crisis? https://www.tokendaily.co/blog/what-happens-to-bitcoin-in-financial-crisis Because we have yet to see how a novel digital asset performs during a world-wide financial crisis, there are plenty of theories around the fate of bitcoin during the next crash. General https://www.tokendaily.co/blog/what-happens-to-bitcoin-in-financial-crisis Wed, 26 Dec 2018 03:12:01 -0800 Security Tokens Aren't Crypto’s Holiday Gift to Digital Asset Regulation https://www.tokendaily.co/blog/no-security-tokens-are-not-crypto-s-holiday-gift-to-digital-asset-regulation General https://www.tokendaily.co/blog/no-security-tokens-are-not-crypto-s-holiday-gift-to-digital-asset-regulation Sun, 23 Dec 2018 16:03:46 -0800 The 2019 Crypto Crystal Ball https://www.tokendaily.co/blog/the-2019-crypto-crystal-ball Looking in the rear-view mirror of 2018 not only offers us a moment of reflection, but shows us what’s plausible for the year ahead. General https://www.tokendaily.co/blog/the-2019-crypto-crystal-ball Thu, 20 Dec 2018 12:58:42 -0800 The Growing Focus on Blockchain Governance https://www.tokendaily.co/blog/the-growing-focus-on-blockchain-governance The historic under-focus on governance systems may be due to the fact that governance concerns are perceived to be about the future. But there more immediate than we'd like to believe. General https://www.tokendaily.co/blog/the-growing-focus-on-blockchain-governance Sun, 02 Dec 2018 09:33:57 -0800 MimbleWimble: The Good and The Bad https://www.tokendaily.co/blog/mimblewimble-the-good-and-the-bad MimbleWimble, or MW in short, is an approach that was proposed by an anonymous developer to improve the privacy features of Bitcoin. Token Reviews https://www.tokendaily.co/blog/mimblewimble-the-good-and-the-bad Fri, 09 Nov 2018 14:12:59 -0800 Dispelling myths about Ethereum's disk space https://www.tokendaily.co/blog/dispelling-myths-about-ethereum-s-disk-space Ethereum disk bloat anxiety is a non-issue, but it's a nuanced topic that's led to misleading, sensationalist headlines. General https://www.tokendaily.co/blog/dispelling-myths-about-ethereum-s-disk-space Wed, 07 Nov 2018 13:41:27 -0800 Staking as a Service https://www.tokendaily.co/blog/on-staking-as-a-service In anticipation of PoS networks starting to come online, there has been a boom in the number of ‘staking as a service’ businesses being launched. Token Reviews https://www.tokendaily.co/blog/on-staking-as-a-service Thu, 01 Nov 2018 14:55:10 -0700 The Death of 'Decentralization' https://www.tokendaily.co/blog/the-death-of-decentralization Decentralization isn’t a “bad” word — it’s just a marketing phrase. The ultimate goal of most of these networks is to reach some degree of decentralization, but to call something “decentralized” is a bit misleading. General https://www.tokendaily.co/blog/the-death-of-decentralization Mon, 22 Oct 2018 14:57:39 -0700 What Does Having True Digital Ownership Mean? https://www.tokendaily.co/blog/what-does-having-true-digital-ownership-mean As you’ve probably realized by now, we don’t actually own any of our stuff online—Twitter handles, Facebook friends lists, bank accounts, items in video games, event tickets—they’re constantly on-loan from companies. General https://www.tokendaily.co/blog/what-does-having-true-digital-ownership-mean Thu, 18 Oct 2018 14:57:04 -0700 A Taxonomy of Stablecoins https://www.tokendaily.co/blog/a-taxonomy-of-stablecoins Critically, one has to understand that not all stablecoins are built the same. General https://www.tokendaily.co/blog/a-taxonomy-of-stablecoins Tue, 09 Oct 2018 10:17:12 -0700 The Decentralised Threat to Advertising https://www.tokendaily.co/blog/the-decentralised-threat-to-advertising There's a new threat on the horizon, one which the advertising industry is woefully prepared for. General https://www.tokendaily.co/blog/the-decentralised-threat-to-advertising Fri, 05 Oct 2018 14:38:17 -0700 A Primer on Fractional Reserve Banking https://www.tokendaily.co/blog/a-primer-on-fractional-reserve-banking There are two factions within Austrian Economics: There’s the “full reserve banking” faction, and the “fractional reserve banking” faction. General https://www.tokendaily.co/blog/a-primer-on-fractional-reserve-banking Thu, 04 Oct 2018 14:49:42 -0700 Cryptonetworks and the Theory of the Firm https://www.tokendaily.co/blog/cryptonetworks-and-the-theory-of-the-firm If Austrian economics is the theoretical foundation for Bitcoin, I think Ronald Coase is the inspiration for general cryptonetworks. Token Reviews https://www.tokendaily.co/blog/cryptonetworks-and-the-theory-of-the-firm Mon, 01 Oct 2018 13:34:20 -0700 Reputation in Web3 https://www.tokendaily.co/blog/reputation-in-web-3 Reputation, on the Internet, has been warped for a very simple reason: we don’t know what the systems to derive reputation look like on a global scale. General https://www.tokendaily.co/blog/reputation-in-web-3 Thu, 27 Sep 2018 13:42:56 -0700 A Primer on Austrian Economics https://www.tokendaily.co/blog/a-primer-on-austrian-economics If you’ve gotten into Bitcoin, you’ve probably heard the term “Austrian Economics.” Because The Austrian School underpins much of the sound money narrative, I want to give a short primer on Austrian Economics. General https://www.tokendaily.co/blog/a-primer-on-austrian-economics Fri, 21 Sep 2018 18:15:41 -0700 Blockchain-based Issuance https://www.tokendaily.co/blog/how-to-issue-a-token An overview of all of the different options that issuers have when launching their token, and the pros and cons of each. General https://www.tokendaily.co/blog/how-to-issue-a-token Thu, 20 Sep 2018 14:57:40 -0700 Building a Developer Community https://www.tokendaily.co/blog/building-a-developer-community In the crypto space, it’s important to follow where the developers are going, and I’ve been excited to see this through the lens of the Ethereum community. General https://www.tokendaily.co/blog/building-a-developer-community Fri, 14 Sep 2018 12:17:32 -0700 Randomness in Blockchains https://www.tokendaily.co/blog/randomness-in-blockchains For all its familiarity and abundance, humans have a hard time translating the randomness around us into something that computers can use. When we talk about randomness in a computer system, what we really mean is pseudo-randomness. Token Reviews https://www.tokendaily.co/blog/randomness-in-blockchains Thu, 13 Sep 2018 17:12:28 -0700 A primer on Mining 2.0 https://www.tokendaily.co/blog/a-primer-on-mining-2-0 Crypto investing teams are going to have to be multidisciplinary. It’s not just about having investors and sourcers anymore. General https://www.tokendaily.co/blog/a-primer-on-mining-2-0 Wed, 12 Sep 2018 20:11:44 -0700 What is Augur? https://www.tokendaily.co/blog/what-is-augur A look at Augur, an Ethereum-based platform for prediction markets. Token Reviews https://www.tokendaily.co/blog/what-is-augur Tue, 11 Sep 2018 19:39:24 -0700 How to Break Into Cryptocurrency https://www.tokendaily.co/blog/how-to-break-into-cryptocurrency Before diving into specific career paths, let me ask you three important questions to start noodling on. General https://www.tokendaily.co/blog/how-to-break-into-cryptocurrency Wed, 05 Sep 2018 12:17:15 -0700 What is Civic? https://www.tokendaily.co/blog/what-is-civic Civic is a decentralized application built on Ethereum for identity verification Token Reviews https://www.tokendaily.co/blog/what-is-civic Tue, 04 Sep 2018 17:06:40 -0700 What is Sound Money? https://www.tokendaily.co/blog/what-is-sound-money There's a tendency to throw around the term Sound Money without really knowing what it means, so here's a primer on what it is, where it comes from, and why it matters. General https://www.tokendaily.co/blog/what-is-sound-money Thu, 30 Aug 2018 13:51:23 -0700 What is Lisk? https://www.tokendaily.co/blog/what-is-lisk Lisk is a cryptocurrency that aims to be a platform for decentralized applications (dApps) running on sidechains. It uses an EOS-style dPoS consensus algorithm for speed and scalability. Token Reviews https://www.tokendaily.co/blog/what-is-lisk Tue, 28 Aug 2018 17:26:42 -0700 Declarative Smart Contracts https://www.tokendaily.co/blog/declarative-smart-contracts Declarative contracts align the structure of the contract implementation with the reality of the chain by defining exactly what state modifications are permissible, and letting the user modify state directly. General https://www.tokendaily.co/blog/declarative-smart-contracts Thu, 23 Aug 2018 10:51:37 -0700 Cryptocurrency and the turkey problem https://www.tokendaily.co/blog/cryptocurrency-and-the-turkey-problem Paul Krugman is wrong -- money should optimize for thoroughness and security, not efficiency. General https://www.tokendaily.co/blog/cryptocurrency-and-the-turkey-problem Tue, 21 Aug 2018 22:05:26 -0700 What is Steem? https://www.tokendaily.co/blog/what-is-steem Steem is a cryptocurrency for a social blogging platform. It has a unique consensus algorithm and economic system that allows it to have the best user experience out of all cryptocurrencies to date. Token Reviews https://www.tokendaily.co/blog/what-is-steem Tue, 21 Aug 2018 14:29:58 -0700 Regulatory Tribalism https://www.tokendaily.co/blog/regulatory-tribalism Before we can achieve efficient and unbiased policy outcomes, actors in the cryptocurrency industry must first acknowledge the discrepancy in incentives and desired policy. General https://www.tokendaily.co/blog/regulatory-tribalism Mon, 20 Aug 2018 11:49:15 -0700 Minimum Viable Security https://www.tokendaily.co/blog/minimum-viable-security 2018 is on track to being the busiest year ever for crypto hacks. As of June of this year, losses from crypto attacks were estimated to total around $2.3 billion, and hackers have shown no signs of slowing down. General https://www.tokendaily.co/blog/minimum-viable-security Wed, 15 Aug 2018 09:00:37 -0700 What is Ripple? https://www.tokendaily.co/blog/what-is-ripple Ripple is a cryptocurrency backed by a well-funded company. It uses a different consensus algorithm and data structure from Bitcoin to enable fast and cheap transactions. Token Reviews https://www.tokendaily.co/blog/what-is-ripple Tue, 14 Aug 2018 12:58:14 -0700 Capitalism is dead https://www.tokendaily.co/blog/capitalism-is-dead Capitalism is based on persons allocating scarce resources to exchange work in a competitive market - with profit maximization being the only goal. This competitive drive took us to new heights, but we're now trending towards a different future. General https://www.tokendaily.co/blog/capitalism-is-dead Mon, 13 Aug 2018 10:56:29 -0700 Money Crypto vs. Tech Crypto https://www.tokendaily.co/blog/money-crypto-vs-tech-crypto Crypto has a bit of a narrative problem. When talking about Why Crypto Matters and where The Big Opportunity is, people often begin from different assumptions and have different ends in mind. General https://www.tokendaily.co/blog/money-crypto-vs-tech-crypto Fri, 10 Aug 2018 15:52:15 -0700 Building companies in Web 2.0 vs. Web 3.0 https://www.tokendaily.co/blog/building-companies-in-web-2-0-vs-web-3-0 From a founder’s perspective, there remain universal company-building fundamentals that apply whether or not your project comes with a token. General https://www.tokendaily.co/blog/building-companies-in-web-2-0-vs-web-3-0 Thu, 09 Aug 2018 13:51:50 -0700 Giving money away https://www.tokendaily.co/blog/giving-money-away Whatever they call it: an airdrop, a gift, or a giveaway, the idea is the same: noble intentions of correcting long-standing iniquities. But how effective can giving away money truly be? Token Reviews https://www.tokendaily.co/blog/giving-money-away Wed, 08 Aug 2018 06:48:39 -0700 What is Nano? https://www.tokendaily.co/blog/what-is-nano Nano is a cryptocurrency that uses a radically different data structure and consensus algorithm to support feeless and near-instant transactions. This article dives into the how and the trade-offs. Token Reviews https://www.tokendaily.co/blog/what-is-nano Tue, 07 Aug 2018 02:00:59 -0700 What makes Lightning Network unique https://www.tokendaily.co/blog/what-makes-lightning-network-unique An overview of bitcoin's different use cases, and why Lightning is uniquely positioned to help with scaling. Token Reviews https://www.tokendaily.co/blog/what-makes-lightning-network-unique Mon, 06 Aug 2018 08:24:49 -0700 Cryptocurrency Market Manipulation https://www.tokendaily.co/blog/cryptocurrency-market-manipulation A guide on specific trading behaviors that manipulate crypto markets. General https://www.tokendaily.co/blog/cryptocurrency-market-manipulation Wed, 01 Aug 2018 22:46:06 -0700 Which Narrative Will Dominate The Next Bull Market? https://www.tokendaily.co/blog/which-narrative-will-dominate-the-next-bull-market While we spend a lot of time discussing the potential price, timing, or causal event for the next bull turn, a more interesting and ultimately relevant question is what market narrative will drive it? General https://www.tokendaily.co/blog/which-narrative-will-dominate-the-next-bull-market Wed, 01 Aug 2018 16:24:41 -0700 What is 0x? https://www.tokendaily.co/blog/what-is-0x 0x is a protocol for the decentralized trading of assets on Ethereum. 0x combines off-chain order relay and on-chain settlement to make decentralized exchange cheap and efficient. Token Reviews https://www.tokendaily.co/blog/what-is-0x Mon, 30 Jul 2018 21:38:36 -0700 Unstoppable https://www.tokendaily.co/blog/unstoppable At this point in time, it’s apparent that the reason Bitcoin is resilient may not be in the code itself, but, rather, in its behavioral and psychological implications. General https://www.tokendaily.co/blog/unstoppable Mon, 30 Jul 2018 14:50:19 -0700 False Precision https://www.tokendaily.co/blog/false-precision It might come as a bit of a surprise that when people ask what formulas I’m using to value cryptoassets, I don’t have a clean answer -- and that’s not for a lack of thinking about it. General https://www.tokendaily.co/blog/false-precision Fri, 27 Jul 2018 11:42:12 -0700 Decentralized Autonomous Taxation https://www.tokendaily.co/blog/decentralized-autonomous-taxation-dat While historically fiscal policy like taxation has been enforced by governments, blockchains and cryptoeconomics can also be leveraged to coordinate adherence to publicly-defined social contracts. General https://www.tokendaily.co/blog/decentralized-autonomous-taxation-dat Thu, 26 Jul 2018 13:16:31 -0700 The Blockchain & Big Brother https://www.tokendaily.co/blog/the-blockchain-big-brother MyCrypto doesn’t have analytics on any of our sites. This wasn’t an oversight—we decided not implement them early on. General https://www.tokendaily.co/blog/the-blockchain-big-brother Wed, 25 Jul 2018 12:20:20 -0700 What is the Basic Attention Token? https://www.tokendaily.co/blog/what-is-the-basic-attention-token BAT is a token for a blockchain-based ad platform. The project aims to improve online advertising by cutting out middlemen ad exchanges, protecting a user's privacy, reducing ad fraud, and sharing ad spend with users. Token Reviews https://www.tokendaily.co/blog/what-is-the-basic-attention-token Mon, 23 Jul 2018 20:42:02 -0700 On Grin, MimbleWimble, and Monetary Policy https://www.tokendaily.co/blog/on-grin-mimblewimble-and-monetary-policy Grin is a new privacy and scalability-focused cryptocurrency that is likely to debut in early 2019. There are several properties unique to Grin that make the project interesting. General https://www.tokendaily.co/blog/on-grin-mimblewimble-and-monetary-policy Mon, 23 Jul 2018 16:00:13 -0700 The Early Days https://www.tokendaily.co/blog/the-early-days I see many teams in the industry today make the common Field of Dreams mistake: “If you build it and call it decentralized, they will come.” But adoption - and understanding - of crypto isn’t going to happen by itself. General https://www.tokendaily.co/blog/the-early-days Fri, 20 Jul 2018 16:19:25 -0700 On labels: A critical look at blockchain discourse https://www.tokendaily.co/blog/on-labels-a-critical-look-at-blockchain-discourse The language we use to describe things shapes our understanding of those things. This isn’t a new insight, but it’s one worth repeating. Allowing labels rich in implication to attach themselves to new concepts is dangerous. General https://www.tokendaily.co/blog/on-labels-a-critical-look-at-blockchain-discourse Thu, 19 Jul 2018 14:50:25 -0700 The Playbook for Crypto Community Building https://www.tokendaily.co/blog/the-playbook-for-crypto-community-building Put yourself in the shoes of one of the 1637 projects listed on CoinMarketCap — how are you going to differentiate yourself? Building an exceptional community is paramount to becoming a winning cryptocurrency, and there's a playbook for doing so. General https://www.tokendaily.co/blog/the-playbook-for-crypto-community-building Wed, 18 Jul 2018 11:38:08 -0700