In this episode, we discuss the recent political upheaval in Sri Lanka due to high inflation and examines the role of cryptocurrencies like Bitcoin in the global economy. The conversation explores the evolving definitions and forms of money, from barter systems to digital currencies. We emphasize that Bitcoin serves as digital money, sharing similar properties…
On the 5th of April we had the privilege of attending this arguably interesting meet up event at Mettā, Nairobi. The panel to discuss the legal issues around Blockchain Technology & Cryptocurrency was Michel Kimani, an entrepreneur with Africoin, Rosemary Koech-Kimwatu, an advocate from Legal Hackers, our very own John Karanja, Mutugi Mutegi an advocate…
The world of blockchain is a vast and exciting landscape, promising transformative solutions across industries. However, for Black founders and innovators, the path through this jungle can be fraught with challenges. This blog delves into the experiences of Sinclair, a Black entrepreneur navigating the complexities of building a blockchain startup in Zimbabwe. We’ll explore the…
“Chi da savio operar vuole, pensi al fine.” An Italian proverb to allude to Charles Ponzi’s descent to mean Think on the end before you begin, buyer beware.When I think about Ponzi schemes and the people who perpetrate them, one thing comes to mind- that the best ponzis happen around, within an innovation. Bitcoin is…
Welcome to BitHub Africa the first Blockchain Accelerator catering to Africa’s needs. We are driving the adoption of Blockchain technology like Bitcoin across the African continent. Our Mission is to spread information and knowledge on the cutting edge Blockchain technologies emerging within the Global marketplace with the aim of solving problems here in Africa. Our Goal…
In this episode, the focus is on the role of incentives in blockchain technology, specifically in Bitcoin, to ensure network security. Two main consensus algorithms for providing these incentives are discussed: Proof of Work (PoW) and Proof of Stake (PoS). In PoW, miners use computational power to solve complex equations, thereby creating new coins and…
