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…
BitMari, a Pan-African blockchain start-up, revolutionising remittances throughout the African diaspora through the use of blockchain technology has been successfully used to test a Bitcoin Lightning transaction with Tim Akinbo, co-founder and CTO of Tanjalo, a bitcoin startup based in Lagos, Nigeria. Tim was able to send $15 dollars from Nigeria to a recipient in…
In the ever-evolving world of finance, Bitcoin stands out as a revolutionary asset. Today, we delve into an insightful conversation with Rufas, a seasoned trader with extensive experience in international markets, and Wainaina, CEO of Melanin, to explore the value Bitcoin holds and its future in Africa and beyond. Rufas’s Journey into Bitcoin Rufas began…
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…
John Karanja, CEO of Melanin Solar and co-founder of BitHub Africa, presented at a conference on the topic of utilizing blockchain technology to advance sustainable energy adoption across Africa. Speaking from a rural region in Kenya, John highlighted that a significant portion (around 65%) of the African population lacks access to consistent energy, even though…
