After criticizing the Bitcoin - JP Morgan spinoff starts its own hybrid blockchain...

By CryptoTapas.com | Bitcoinz News | 25 Jan 2020


There is no hypocrisy in making money and if hypocrisy helps you make more of it - then hypocrisy becomes just a tool to make more money.

According to Forbes article, Kadena is a spinoff of JP Morgan's Blockchain initiative.  According to the company website, both the founders have worked for JP Morgan's Blockchain project.  

Their official website defines the Kadena as "a braided, parallelized Proof Of Work consensus mechanism that improves throughput and scalability while maintaining the security and integrity found in Bitcoin. In short, Kadena is a blockchain that is faster, more secure, and more scalable."

JP Morgan has been in crypto news bashing Bitcoin and other cryptocurrencies.  

This changing tide is definitely stamp of approval about the validity of Blockchain and by that token Cryptocurrencies.  A blockchain based crypto run future seems to be inevitable in the coming decade(s).

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CryptoTapas.com
CryptoTapas.com

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