ReddSpark

Energy efficient crypto – Is Proof-Of-Work, out of work?

Update: After writing this post someone informed me that I should listen to this podcast. I did, and it’s good. I’ve updated my conclusion at the end in light of this. Let me state this up front – this article is sure to divide the crypto community. In fact divide might be the wrong word;Continue reading “Energy efficient crypto – Is Proof-Of-Work, out of work?”

Cardano 360 June Update

Well it’s that time again my fellow Ada-mantium handed Cardanites! And with each passing month we get tantalizingly close to the launch of Goguen! I know you’re all busy and want to know the key points from todays event, so let’s get down to it. Alonzo Update Command Line Interface (CLI) up and running toContinue reading “Cardano 360 June Update”

Six things every muggle should know about crypto

There is now an audio version of this article available on my YouTube channel if you want to have something to lull you to sleep. Go check it out! Contents Intro Investing is the vehicle for changing your life If you keep cash in the bank you are in fact losing money Market value doesContinue reading “Six things every muggle should know about crypto”

The alphabet soup of the Cardano origin story

Let me begin by saying that all this stemmed from me hearing about Emurgo’s Cardano Blockchain Developer program, and wondering for the 10th time that I’ve been involved in the Cardano community, who exactly Emurgo are, which led me down a rabbit hole of the similar sounding Ergo, as well as the Cardano Foundation, IOG/IOHK,Continue reading “The alphabet soup of the Cardano origin story”

Pool Wars I – Why you should delegate to a small pool

If you are new to Cardano you may not be aware of the important role small stake pools play in the Cardano ecosystem. If you’re not sure what a stake pool is, I recommend reading my previous post, Staking – Simply Explained. Proof-Of-Stake networks rely on pool operators to keep the system running and itContinue reading “Pool Wars I – Why you should delegate to a small pool”

“If Charles died tomorrow ADA would die with it that’s how decentralized ADA currently is.”

written by ReddSpark, May 2021 This post is inspired by this tweet by @BPEOSIO. The full tweet contains two additional arguments but I’m going to concentrate on only the first argument in this blogpost: If Charles died tomorrow ADA would die with it that’s how decentralised ADA currently is. Peer reviews have there place butContinue reading ““If Charles died tomorrow ADA would die with it that’s how decentralized ADA currently is.””

“Cardano is all marketing and no deliverable”

This post was inspired by this tweet from @TheBostonhabah. Now before I begin, let me say I pride myself on calling out valid criticism, rather than being a rabid moon boy, so this post may or may not be a glowing praise of Cardano – let’s find out. Ok so let’s start with the fullContinue reading ““Cardano is all marketing and no deliverable””

Cardano 360 May write up

Having not had a proper 360 last month, this months 360 was eagerly anticipated and it did not disappoint. Below is a summary of some of the key points coming out of it. Road to Alonzo We’d already been given a heads up by Charles in the Next 90 days video which I covered here.Continue reading “Cardano 360 May write up”

Cardano Staking – Simply Explained

This article attempts to give a clear and simple explanation of staking for people that are new to Cardano. What is Staking? Staking is like earning interest on your Ada, just like you would with a bank account. Except in this case instead of keeping your Ada at bank (or rather the Exchange) you moveContinue reading “Cardano Staking – Simply Explained”

Next 90 days

Great video from Charles Hoskinson just now laying out what the next 90 days of Goguen roll out might look like with the important caveat that this is the critical path and things could come up which delay it. The next townhall event on Thursday 27th will present the plan in more detail. Next 30Continue reading “Next 90 days”

Go Green, Go POS?

Which crypto technology is better for the environment? There’s been a lot of discussion lately about whether cryptocurrencies are good or bad for the environment. Tesla cited the energy consumption of Bitcoin as the reason they would stop accepting it as payment for cars. Greenpeace has said the same with regards to donations. And onContinue reading “Go Green, Go POS?”

What you may not know about Africa

I thought it would be good to inform people about the immense potential for blockchain in Africa and to dispel some notions about it. Disclaimer: I am not from Africa and this is based on internet research! According to 2020 research by one of the Big 4, Africa has seen the biggest growth in workingContinue reading “What you may not know about Africa”

Why I prefer Cardano over Ethereum

I’ve seen a lot of comments from people on Reddit saying they cannot understand why anyone would invest in Cardano. Well here is my response to them. Why I prefer Cardano over Eth 1. Development Activity I recall one of the reasons that I decided to even look into Cardano, two years ago, was research thatContinue reading “Why I prefer Cardano over Ethereum”

Cardano for Enterprise

In this post I’d like to explain why I think Cardano will be the number one choice for Fortune 500 companies and governments looking to develop their own blockchain solution going forward. Firstly a brief history of Cardano.. Cardano originated when founder Charles Hoskinson left Ethereum, another popular crypto project for which he was aContinue reading “Cardano for Enterprise”

Cardano’s Approach to the Trilemma

Benjamin Cowen recently did a good video doing a fundamentals analysis of Ethereum. As someone that prefers fundamental analysis over technical this was a welcome breath of fresh air. However I did want to provide a response to his analysis. His main argument for Eth was the following: a) Blockchains often have to trade off between Decentralization,Continue reading “Cardano’s Approach to the Trilemma”