You have just entered _

Wonderful things come to reality once you mediate. 

Proof of work a thermodynamic explanation.

IntroductionProof of work schmes used in Bitcoin protocol is an expensive affair and tends to move toward the thermodynamic limit. Many of the alt-coins has tweaked existing Bitcoin style POW and in most cases it does not achieve anything new. What is POW? Computational proof…

Derivative trading on cryptocurrencies

Bitcoin is officially a commodity, just like crude oil or wheat. Congrats to the CFTC on the approval of Bitcoin Futures. This will only mature the cryptocurrency space. One party agrees to pay later at pre-specified price to another party on this underlying asset or…

Cryptocurrency as gold oh but how?Energy and mass to explain

Gold is extracted using machines in mines , these mines are owned and controlled by government, when gold reaches the market including every possible cost for producing it attains a new price for the market. Cryptocurrencies are logically equivalent to gold only.(At least a part of it.) I will…