CMCC Global writes monthly to investors, sharing our views on market dynamics and demystifying this new asset class.
Here we share selected insights, exploring important topics in the blockchain ecosystem.
The Solana smart contract platform boasts a string of technical innovations and one of the most experienced teams in the blockchain ecosystem. Solana’s newly launched network is operating at speeds 1000x that of Ethereum and is poised to take the blockchain world by storm.
In 2016, Leemon Baird, a PhD in Computer Science from Carnegie Mellon, released a paper describing the hashgraph consensus algorithm. This novel algorithm formed the basis of what would become Hedera Hashgraph, a new type of distributed ledger system.
Bitcoin was the first truly unique digital asset built using blockchain technology. But a glance at the top 10 digital assets by market capitalization shows that there are three different assets using the Bitcoin brand; Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV).
Over the last few years, central banks and governments around the world have started looking into how they might use blockchain technology to digitize their national currencies. The benefits of doing so range from the benign, such as lower transaction fees for businesses and efficiency gains, to the more sinister motivations of improved censorship and societal control.
Ethereum is the world’s leading smart contract protocol, with a market cap of over USD16bn. It has the largest community of users and applications, and attracts the majority of developer mindshare in the blockchain space. However, the platform is facing a scalability issue.