Rory Brown
Feature Editor
Rory is a journalist with an interest in the technical side of the blockchain. He likes to understand the physical workings of cryptocurrencies 'down to the metal'. Rory has a vast interest in all things programming, and is also studying for a Computer Science degree at the University of Strathclyde.
PonziCoin: A joke ICO that went too far
Rory Brown Rory Brown
Nov 20, 2018
4 MIN READ
During the 2017 bull-run, the cryptocurrency market attracted many investors with a lack of experience, leading to an increase of high risk investments in lesser-known projects. PonziCoin was released in January 2018, and allowed people to purchase tokens and resell them to a smart contract for profit, on the condition that others buy in to raise the price. The project was abandoned after the smart contract reached a peak balance of $175,000, with many investors losing money and the founder fearing a charge for fraud.
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Block verification: Which method is best?
Rory Brown Rory Brown
Nov 8, 2018
4 MIN READ
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