The environmental footprint of crypto mining
Introduction Experts estimate that some crypto-assets consume roughly the same amount of energy per year as complete countries such as Spain. Not only is this incredibly bad for the environment, especially if that energy is sourced from fossil fuels, it also makes the cryptocurrency realm very sensitive to changes in climate policies, because cryptocurrencies are […]
Published on 25 November 2023
by masternode.one
in Research
The rise of stablecoins: What potential do they hold for the future?
Introduction The landscape of digital finance has seen many rapid developments and exciting innovations. One of the more successful ideas that has grown from the rise of cryptocurrencies and blockchain technology is the concept of stablecoins. These digital assets are designed to maintain a stable value by being pegged to an external source of value. […]
Published on 21 September 2023
by masternode.one
in Research
What determines and influences bitcoins value?
Introduction As the first truly successful digital currency, bitcoin has quite a fascinating price history, characterized by steep increases in value and long periods of high volatility. The current value of 1 BTC is roughly $27.000,00 (31-08-2023), but all the way back in 2009, when the New Liberty Standard Exchange noted the first exchange of […]
Published on 14 September 2023
by masternode.one
in Research
Asset tokenization as a tool against climate change
Introduction Climate change mitigation efforts often face issues related to finance and investments. Because the effects of climate mitigation efforts are diffuse in space and time, it makes it hard to measure the effectiveness and profits of a specific effort. Additionally, the global character of climate change might lead to a reduced feeling of responsibility […]
Published on 07 September 2023
by masternode.one
in Research
Should Bitcoin block size increase? A look at both sides of the debate
Introduction The Bitcoin block size − it has been, and still is, a highly disputed topic within the Bitcoin community. The introduction of Bitcoin ordinals, which deploy additional data on the blockchain, has reignited the debate. With ambitions to propel blockchain technology and cryptocurrencies to a higher level of widespread adoption and everyday use, the […]
Published on 31 August 2023
by masternode.one
in Research
Is Layer 2 centralized? Exploring to what extent Layer 2 solutions uphold the principles of decentralization
Introduction Over the last few years, layer 2 solutions have proven to be a valuable development within the blockchain and cryptocurrency ecosystem. They address some of the limitations that are inherent to blockchains and that form an obstacle on the road to the wider adoption of blockchain and cryptocurrency. By moving transactions off-chain, layer 2 […]
Published on 07 August 2023
by masternode.one
in Research
Quantum cryptography: A serious threat to cryptocurrency?
Introduction For the majority of blockchains, cryptography is a fundamental component of their security and privacy mechanisms. Though the cryptography of blockchains can be solved or traced back throughout a blockchain, this is a complex process, and many major blockchain networks are praised for their robust security and resistance to changes and attacks. In the […]
Published on 31 July 2023
by masternode.one
in Research
From mining to blooming: Recycling bitcoin mining heat to power flower farming
Sustainable energy series, pt. 6 Introduction Welcome to the before last article in our sustainable energy series! In the previous five articles, we explored the potential of five different energy sources that are generally labeled sustainable for powering the very energy intensive process of bitcoin mining and other blockchain mining activities. For this article, we […]
Published on 24 July 2023
by masternode.one
in Research
Nuclear Power and Sustainability: Exploring its Pros and Cons for Bitcoin Mining
Introduction Welcome to part 5 of the sustainable energy series! In this part we will take a look at a potential sustainable energy source that has been hotly debated the last few years: nuclear power. First developed during the mid-20th century, nuclear power has become a significant source of energy for many countries today, while […]
Published on 17 July 2023
by masternode.one
in Research