Opinion

Telegram's TON Was Built on Sand. Its Failure Isn't All Bad For Crypto
Telegram's Pavel Durov rails against the SEC's "ossification." But his TON project was always on shaky ground legally-speaking, says Preston Byrne.

The Security Trilemma and the Future of Bitcoin
Bitcoin faces a "trilemma," says a leading researcher. Either it becomes more centralized, loses liquidity, or increases supply beyond 21 million.

4 Ways COVID-19 Will Bring Banks and Regulators to Crypto
Consensus:Distributed speaker and CoinDesk columnist Ajit Tripathi argues the pandemic will normalize the use of CBDCs and cryptocurrencies.

The Stablecoin Surge Is Built on Smoke and Mirrors
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.

Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.

What We Can Learn From Telegram's Token Troubles
Telegram's success blinded investors to the risks inherent in building blockchains and raising a token sale, says a long-time observer.

CBDCs Come in Many Forms – Here's a Quick Guide
Dozens of central banks are piloting digital currencies. George Calle, of R3, takes us through the various project types.

How Blockchains Become Great Big Garbage Patches for Data
Far from making blockchains more convenient, unlimited block size and zero fees render them less reliable, says Nic Carter.

With Kik and Telegram Cases, the SEC Tries to Kill the SAFT
Invented by white shoe New York City law firms, the two-step Simple Agreement for Future Tokens (SAFT) was supposed to keep crypto companies out of trouble. Now, the SEC is coming full bore for startups like Kik and Telegram.

The Rise of ASICs: A Step-by-Step History of Bitcoin Mining
The machines that maintain the Bitcoin network have undergone rapid technological development. Here's a detailed look at that evolution and at what might lie ahead.

