My Blog

Mindblown: a blog about philosophy.

  • The benefits of wrapped tokens?

    You can think of each blockchain as a silo of potential value. Sometimes a Bitcoin holder will want to use the value their BTC represents to realise an opportunity within a separate blockchain. The most obvious reason is trading. Most trading by volume happens on centralised exchanges – like Coinbase, Binance or Kraken – and…

  • Wrapped Bitcoin

    But what happens if, for example, you want to use Bitcoin within an Ethereum-based DEFI application, to gain interest or take out a loan? You can’t, because the two sets of rules aren’t interoperable. Bitcoin is not Turing Complete and cannot interact with Smart Contracts. Think of it like trying to plug in a European…

  • What are Wrapped Tokens and how do they work?

    If you are relatively new to cryptocurrency and are browsing the popular price comparison site Coinmarketcap to check the value of Bitcoin you’ll be confused to see more than one price. There is Bitcoin, ranked one by market capitalisation, and something called wrapped Bitcoin, ranked at #17 with a very similar, but not identical price.…

  • What you`ll learn:

    What you’ll learn: How wrapped tokens work Bitcoin and Ethereum examples Advantages and disadvantages Safety and security

  • Web 3.0 and Blockchain’s interconnected future 

    Web 3.0, aka ‘The Spatial Web’ is a set of developments across different technologies becoming increasingly interconnected. Blockchain technology is one development; also included are Artificial Intelligence, Augmented and Virtual Reality, Internet of Things, 5G networks, 3d Printing and many more.  Imagine a world where AI systems run our transport, intuitively display us information through…

  • NFTs, Supply Chains and Identity

    Non-Fungible-Tokens or NFTs are a specific type of cryptographic token based on blockchain technology. In contrast to Bitcoin or other cryptocurrencies that are fungible – can be freely exchange for other tokens – NFTs represent something unique and are thus not mutually interchangeable.  NFTs are used to create digital scarcity and power applications that facilitate the…

  • The Spatial Web

    Another important factor to consider is how quickly the industry is currently moving., The wider advancements in digital technology and communication, combined with  the nature of blockchain technology, mean the space tends to move incredibly fast. So fast that it can be very hard to keep up. Though blockchains are only a dozen years old,…

  • Crypto`s new frontiers

    In any discussion about the future of crypto, it is essential first to understand where the industry is at the current moment in time. There are three aspects to this: the blockchain space is young, moves fast, and interacts with other technologies.  Cryptography has been around for a while. Much of the innovation around blockchain …

  • What you`ll learn

    What you’ll learn: The concept of the spatial web How DEFI will continue to grow How DAOs may be the companies of tomorrow Web3.0: the decentralised web

  • IEOs, IDOs & Bonding Curves

    ICOs failed because they fuelled bad behaviour from both entrepreneurs, with exit scams and untested ideas, and from investors, encouraging short term speculation, rather than actual usage. What has emerged are more innovative ways to incentivise ownership and usage of tokens – as intended – that learn from these mistakes. One approach to launching is…

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