About Author:
Toju Ometoruwa
Toju Ometoruwa is a Northeastern University alumni who is the co-founder of Pazima, a start-up that provides secure lending options for low-income workers. His passion is to empower communities across the African diaspora through the blockchain.
Bittrex is a U.S.-based cryptocurrency exchange that has been in operation since 2014. Despite only being ranked #52 on the list of top exchanges by 24-hour trading volume, with $44.2 million traded daily, it is one of the most popular crypto exchanges in the crypto space. Bittrex was founded by...
Smart contracts are central to the idea of creating decentralized communities where wealth and information can be exchanged under predefined terms without centralized intermediaries moderating the exchange. One type of smart contract that is gaining lots of attention is the Hashed TimeLock Contract (or HTLC). Hash locks are a type...
One of the most important narratives in the crypto space has been its stand against centralization. In today’s globalized economy, where different cultures and ethnicities rapidly consolidate around the same interests in technology, social media, and free services, there is an alarming sense that Internet use is becoming more centralized,...
In the first few years of Bitcoin’s existence, one of the features that attracted the most attention from early advocates was the ability to make private transactions. Bitcoin’s Privacy Woes In a financial system where banks, businesses and government authorities heavily monitor consumer purchases, the ability for one to vanish...
Cryptocurrencies are broadly thought of as decentralized, trustless digital assets that can be transferred peer-to-peer. However, based on the process by which most cryptocurrencies are transferred today, it is clear that we are still relying on intermediaries. Atomic Swaps are the direct transfer of cryptocurrencies between users without going through...
Blockchain technology presents a new paradigm shift in how data is stored, accessed and verified. In the coming years, the big data industry and blockchain technology will begin to form a pivotal relationship that will transform how companies manage their complex and ever increasing databases. To better understand why there...
In many ways, Bitcoin Cash (BCH) and Litecoin (LTC) represent the Cane and Abel of cryptocurrencies. Satoshi Nakamoto’s Bitcoin, being the father of crypto, birthed two sons: Litecoin and Bitcoin Cash. Ever since their inception, both cryptocurrencies have seen it as their destiny to claim the role of prodigal son...
One of the most hyped innovations to come out of the crypto space in 2018 was the security token. In the midst of a crashing utility token market caused by overinflated valuations, regulatory issues and (of course) a lack of utility, security tokens emerged with the promise of being a...
Market cap is one of the most common and effective ways in which investors measure the real value of cryptocurrencies. CoinMarketCap currently features hundreds of cryptocurrencies ranked by their market cap, making it the premier site for investors to refer to when conducting preliminary research on a coin. So what...
Over the past few years, awareness of blockchain technology has grown exponentially. Major institutions and key figures in business and politics are now aware of the technologies potential to decentralize our global financial and economic systems. Following Protocol The long-term goal of cryptocurrencies and blockchain technology has been to achieve...
