Decentralized autonomous organizations (DAOs) are a function of culture and not the other way around. Culture is old, DAOs are new. Both terms are overused, probably. When talking about big and amorphous terms, such as culture and DAOs, working definitions serve to provide the grounding and scaffolding upon and around…

Understanding Unspent Transaction Outputs — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Understanding where your BTC are and how you access and transfer them The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. …

Understanding how the bitcoin network achieves consensus and security — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Understanding what P2P networks are and the role they play in crypto — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Understanding the mechanisms that help to make crypto networks secure — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Understanding the similarities and differences between currency and money — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Understanding two of the most common types of money — The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto. For more on what the series is and a full list of…

Crypto in Language an Eight-Year-Old Can Understand — TL;DR The Crypto ELI8 series aims to describe crypto concepts and topics with language an eight-year-old can understand The series was born out of my desire to refine and solidify my own understanding of important crypto concepts and topics Each post opens with an imaginary scenario, which is then used as…