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…
John, the co-founder of the Black Blockchain Summit, is a guest on a podcast to discuss the impact of blockchain technology in Africa and the African diaspora. He is also involved in GitHub Africa, a Nairobi-based incubator aimed at promoting blockchain adoption across Africa. With a Master’s in Political Sociology from Oxford and a Bachelor’s…
In this episode we discuss how the Melanin Solar project uses blockchain technology and CPU mining to enable community members to trade electricity. Utilizing the Lightning Network and the Whive protocol, the system allows energy to be stored and shared as digital tokens. Over 2,000 people are expected to gain affordable power access through this…
BitHub.Africa recently attended the Dot Finance Africa conference in Nairobi Kenya. The 2 day conference on 4th and 5th May touched on the financial technology and banking sectors with a focus on solutions for Africa. Our Founder John Karanja was both a Speaker and Panelist and shared a stage with Chris Skinner, Jon Matonis and…
We are thrilled to announce that BitHub Africa was awarded as the, Most Promising Blockchain Accelerator, at the Global Blockchain Congress 2018 that was held in Sandton, Johannesburg, South Africa on July 16 & 17, 2018. The Global Blockchain Awards are designed to recognize and celebrate outstanding achievements in the adoption of Blockchain technology. The congress…
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…
