John Jacques's Avatar
John Jacques
published in Blogs
Sep 21, 2018
Is There a Better Bitcoin Coming?

Is There a Better Bitcoin Coming?

Bitcoin’s innovative properties are well-documented: its immutable transaction record, driven by blockchain, that cuts out middlemen; the privacy it extends to users; the decentralized nature of the network it is built on, and more.

For all its positives, one aspect of bitcoin and other digital currencies has always lagged behind – literally. The system as currently constructed is seriously speed-deficient, only able to process around seven transactions per second; a traditional credit card company’s network like Visa’s, for example, can process tens of thousands of transactions in the same amount of time. Lack of speed has hindered the widespread adoption of cryptocurrencies for payments, with most enthusiasts instead of focusing on their ability to store value.

But if David Chaum, who built a privacy-centric digital currency with his company, DigiCash, in the mid-1990s, is to be believed, the days of molasses-slow processing may be over. Chaum claims his new platform, called Elixxir, can process thousands of transactions a second while simultaneously reducing the energy required to run and maintain its network.

The bitcoin network is built on blocks, each of which is composed of multiple individual transactions bundled together. These blocks are then chained to each other, with the whole transaction history constantly updating itself on each computer in the network. Participants on the network compete to batch and process transactions via a procedure called mining. Processing a block creates new bitcoins, which are then awarded to the first person to do so.

Chaum contends that Elixxir flips that process, first producing blocks and then filling them as transactions are recorded. Unlike bitcoin’s blockchain, Elixxir’s blocks do not contain the transactions themselves and are not linked to digital wallets, cutting down the amount of information to process and store – Chaum claims this also reduces security issues. Less information means the network requires less energy to run and, in theory, treats all miners equally, dispensing of the-more-power-the-better ethos that dominates bitcoin mining (and accounts for eye-popping electric bills).

The system is not without fault – purists may balk at certain compromises to achieve those results, like a limit on the number of producers that makes Elixxir’s network less decentralized.

But if true, Chaum will have solved the final piece of the digital currency puzzle. “We can actually meet the requirements to go to consumer scale,” said Chaum in an interview. Time will tell, but Elixxir just may be the better bitcoin we have all been waiting for.

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Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.