Dustin

Since 2011, Dustin has been an active member of the community of cryptocurrencies. Dustin is a Washington-based financial-tech reporter. He's passionate about bitcoin, open source code, and decentralized apps. Dustin wrote thousands of articles about the innovative protocols.

Why Bitcoin Become The Best Hard Asset In The World?

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We have experienced increased financial, trade and political instability during recent months, contributing to growing concerns about a potential global economic downturn. The trade dispute between the United States, China, Brexit and other European politic instability, more sovereign defaults and return to Argentina of capital controls and threats to the position and independence of central banks have all weighed on markets.Read More »Why Bitcoin Become The Best Hard Asset In The World?

Here’s Why Does Bitcoin Have Value?

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Seven hundred years before Sweden issued the first European banknotes in 1661, China cracked on how to lighten the load of people who wear copper coins everywhere. Such coins made life difficult: heavy and dangerous for travel. The merchants then agreed to deposit those coins with one another and issue paper certificates for the value of the coin.Read More »Here’s Why Does Bitcoin Have Value?

What is Proof of Space-time Crypto? How does it work?

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Proof of Space-Time (PoST) was designed as a new primitive cryptographic proof of work (PoW) as proof of resource consumption and as a Sybil resilience system for unauthorized cryptocurrencies. It was launched in 2016 by Tal Moran and Ilan Orlov in the paper ‘ Simple Space-Time proof and logical storage tests.’ A PoST enables a prover to inform a verifier that several “space-time” resources have been spent: a certain amount of space allocated over a certain duration, during which space can not be used for anything else. The PoST requires considerably less energy than PoST because “difficulties” can be increased without further computational work by increasing the time during which space is allocated.Read More »What is Proof of Space-time Crypto? How does it work?

Is Cryptocurrency Considered An Asset? Should we use Digital Asset Security Service?

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Bitcoin and other cryptocurrencies are constantly spread over news headlines to map a wild ride of extreme highs and lows. When the recession in 2008 has burned the sole realm of millennia against institutions, a lot of institutional investors are cautious and plunge their toes into the crypto-market, generating visibility through crypto-financing, future funds, and other new investment options.Read More »Is Cryptocurrency Considered An Asset? Should we use Digital Asset Security Service?