Edwin Kinoti | Publish0x

Edwin Kinoti

Naturally curious with a deep interest in blockchain, finance and new tech

Publish0x Member Since March 2020

6 Following 65 Followers

Edwin Kinoti

Energy efficient Bitcoin mining farms driving away their high cost counterparts

9 Apr 2020 2 minute read 0 comments Edwin Kinoti

Bitcoin mining is seemingly becoming a game of survival for the fittest as the halving event draws close. New revelations indicate that the more energy efficient miners are forcing those with higher operating costs to shut down operations through coo...

Bitcoin hash rate and difficulty lockstep drops revive mining death spiral talk

9 Apr 2020 2 minute read 0 comments Edwin Kinoti

Bitcoin network hash rate has plunged drastically to record its lowest level since the turn of the year. The hash rate fell to 75 EH/s on March 26, from its yearly peak of 136 EH/s recorded on March 5. This equates to a 45% decline in just three week...

Bitstarz casino review 2020 – The Bitcoin gambling paradise

7 Apr 2020 5 minute read 3 comments Edwin Kinoti

Bitstarz standout features  100% match up to 1BTC for first deposit 20 free spins upon signup even with no deposit Accepts multiple fiat and cryptocurrencies Summary Bitstarz is the largest Bitcoin casino with over 2,200 games from famed game develop...

Evolution of privacy on the blockchain: The rise of anonymous and confidential cryptocurrency transaction systems

19 Mar 2020 4 minute read 4 comments Edwin Kinoti

Bitcoin is not anonymous  For a long time since its invention, Bitcoin was widely thought to be a completely anonymous peer-to-peer network. A significant proportion of the early adopters believed that bitcoin transactions were untraceable and used t...

Diko privacy cryptocurrency strictly following Satoshi Nakamoto vision of privacy and decentralisation

18 Mar 2020 2 minute read 0 comments Edwin Kinoti

Satoshi Nakamoto first shared the vision for a private currency via the Bitcoin white paper in October 2008, over 11 years ago. Satoshi’s dream was for a decentralised world where the people had complete control over their finances and could conduct...

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 3 minute read 21 comments Edwin Kinoti

Bitcoin and other crypto assets are widely renowned for their volatility. Investors have always been very cautious when venturing in the crypto market with the virtual currencies considered as highly risky assets. However, the crypto community has ma...

Diko cryptocurrency stands out among privacy-focused cryptocurrencies

12 Mar 2020 2 minute read 0 comments Edwin Kinoti

The demand for privacy-focused cryptocurrencies is growing with increasing awareness about the vulnerabilities of the existing financial system. Consumer concerns keep rising in respect to data privacy, confidentiality of their financial transactions...

Blockchain in Pharma for 2020

12 Mar 2020 2 minute read 8 comments Edwin Kinoti

The pharmaceuticals industry is leading the line in blockchain technology adoption as it holds great promise for the trillion-dollar industry. The technology’s key features such as security, immutability, and decentralisation are very attractive to p...

Comments

Evolution of privacy on the blockchain: The rise of anonymous and confidential cryptocurrency transaction systems

19 Mar 2020 Edwin Kinoti

19 March 2020
Thanks for the kind words, tip and follow. Very much appreciated. I conducted an extensive research and relied on multiple sources. But for a start here are 2 links i found quite useful and ones you can find more info about the same https://blog.goodaudience.com/privacy-coins-what-you-need-to-know-975a3460d944 https://news.bitcoin.com/everything-ever-wanted-know-privacy-coins/

Blockchain in Pharma for 2020

12 Mar 2020 Edwin Kinoti

18 March 2020
Found some new insights and developments about this. You can check it out here https://cointelegraph.com/news/blockchain-can-save-pharmaceutical-industry-180-million-study-says

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

17 March 2020
Got some new perspective on the ongoing Bitcoin safe haven status and did another article on it. You can go though it and see if it changes your mind https://zycrypto.com/yes-bitcoin-is-still-a-safe-haven-asset-despite-mammoth-price-drop/ PS: I am open minded and considerate of the arguments at both sides of this debate

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

17 March 2020
I am finding it hard following your argument as Gold and Silver value is based on human perception and scarcity, which also applies to Bitcoin. Both metals have only limited use which is usually tied to their perceived value hence preferred as ornaments. Based on use case Steel is more useful than the two yet it is not deemed as a safe haven asset, just like cash

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
I agree with you. People were selling trying to get as much cash as possible, so panic also counted for alot. Especially those selling at any price just to get some cash back. That's the problem of investing without understanding the fundamentals first

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
Sure, I found this tweet to be quite refreshing and reassuring https://twitter.com/Bloqport/status/1238921274904195078

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
You're welcome. I can see you belong to the #HODLGANG Keeping stacking and buying the dip. If we can get rid of weak hands then we remain with HODLers of last resort that understand the fundamentals

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
Yes, valid observation there. I agree the sell-off was to convert to cash, which is considered more 'legal and safe'. I guess too many people got into BTC without knowing the fundamentals, that's why they are getting hammered

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
You raise a good point, but bottom line is this has been painted as a global epidemic and clealry that's all the market cares about. Time to stock up, Buy the dip!

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
White swan how? Care to share your thoughts and insights on that?

Bitcoin safe-haven status blown away by ‘Black Swan’ Coronavirus

14 Mar 2020 Edwin Kinoti

16 March 2020
Agreed. Its becoming difficult to make sense of the market. Its very volatile and unpredictable. Wild swings occurring out of nothing really

Blockchain in Pharma for 2020

12 Mar 2020 Edwin Kinoti

14 March 2020
You're welcome. I will surely post an update on new developments as they are coming in thick and fast

Blockchain in Pharma for 2020

12 Mar 2020 Edwin Kinoti

13 March 2020
Thanks. I am not quite sure about that. I might have to dig deeper to come to a well informed conclusion. Though it has been implemented across multiple projects and is becoming quite popular among privacy blockchains/cryptos

Blockchain in Pharma for 2020

12 Mar 2020 Edwin Kinoti

13 March 2020
Thanks. I gathered information from multiple sources but, here is a link where you can find more info about the Mediledger project and their proposal https://www.mediledger.com/fda-pilot-project

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