BLOCKCHAIN FOR NEWBIES
Digital collectibles have been explored by the crypto community for years (Spells of Genesis and Rare Pepe are two of the pioneering projects in the category launching back in 2015), but a confluence of factors have brought the category to the forefront this year. We may now be at the start of a digital collectibles boom similar to the ICO boom we saw in ’16 and ’17. This piece will explore how we got here and where digital collectibles may be going.
Security Tokens are digital assets subject to federal security regulations. In layman terms, they are the intersection of digital assets (tokens) with traditional financial products — a new technology improving old things.
If cryptocurrencies like Bitcoin are considered “programmable money” then you can consider Security Tokens a version of “programmable ownership.” This means that any asset with ownership can and will be tokenized (public & private equities, debt, real estate, etc).
Delegated Proof of Stake (DPoS) concentrates block production in the hands of just a few, known, semi-trusted entities in order to achieve orders of magnitude more scalability than proof-of-work (PoW) or other proof-of-stake (PoS) blockchains. In this analysis, we’ll examine the features and tradeoffs of DPoS.