IOTA: Cannot be used for IoT. Loss of funds may occur.

IOTA is a tangle coin that ICO’d on Bitcointalk in JINN, another coin. It promises to bring cryptocurrency to the Internet-of-Things. But did anyone actually try using IOTA? Andreas finds out.     Today I’m reviewing IOTA, a token that uses a tangle instead of a blockchain. IOTA is supposed to be used on small devices in the Internet of Things. I’ll show you how to buy, store, send, and sell. TL;DR: IOTA cannot be …

Dash: A Governance and Privacy Coin That’s Surprisingly Easy To Use

Dash is a governance coin previously known as DarkCoin. Its followers include Max Keiser and are so hardcore that many dismiss Dash as a pyramid scheme. But did anyone actually try using Dash? Andreas finds out. Today I’m reviewing Dash, a governance/privacy focused coin. Dash forked off from Bitcoin with the name DarkCoin and later re-branded to Dash. TL;DR: Dash is easy to use and has exciting governance/privacy features. The Dash (DarkCoin) project launched January …

Monero: Private And Difficult to Use

Monero is a privacy coin best known for its use on DarkNet markets. What’s it like being a Monero user 3 years after launch? Andreas finds out. This is a close-up of a Monero watercolor I won at an auction. More about that later. Today I’ll be reviewing Monero, a privacy focused coin. Monero is not a fork of Bitcoin, but built on CryptoNote. I’m not sure why I’ve never tried Monero before. I’m looking forward …

OpenBazaar: What Happened to Bitcoin’s eBay Killer App?

OpenBazaar is eBay on the blockchain, promoted as the “killer app” for Bitcoin since 2014. Has OpenBazaar’s $4.3M in VC funding made eBay obsolete with world-wide open trade?   Introduction   I last used OpenBazaar around a year ago to order some cryptocurrency themed t-shirts. OpenBazaar started at a Toronto hackaton in 2014 under the name DarkMarket and won the $20,000 first prize. OB1 is the company behind OpenBazaar. OB1 has raised $4.3M over three …

Storj: Not a Dropbox Killer

Storj is a “storage coin” with over $30M of ICO funding. The thousands of investors would be outraged if Storj was anything less than a Dropbox killer. Or would they? Intro Today I’ll be trying one of the several “storage coins”. Storj aims to replace Dropbox, Amazon S3, etc. with a decentralized protocol where users are paid to store files on their computers. Storj also has two coins and one ICO. TL;DR: Storj is too …