Periodic Table of Cryptocurrencies: Blockchain Categorization
16 Pages Posted: 12 Jan 2018 Last revised: 28 Feb 2018
Date Written: May 31, 2017
The tech is already complicated enough, and if the terminologies aren't understood or clarified, it will further compound the complexities in this nascent industry. Everyone needs to know about this revolutionary tech, and as participants of this beautiful ecosystem it is our responsibility to simplify things as best as we can to the masses. The blockchain, the underlying technology, is the biggest innovation in computer science — the idea of a distributed database where trust is established through mass collaboration and clever code rather than through a powerful institution that does the authentication and the settlement. The biggest problems, though, have to do with clear categorization.
Keywords: Bitcoin, Cryptocurrencies, Blockchains
JEL Classification: E4, E41, E42, E5, E58, L5, L51
Suggested Citation: Suggested Citation