With the developments in merged mining and multi-pools there are a few interesting conclusions one might draw in relation to the many blockchains being run all over the world right now.

First; the most powerful blockchain is also the most trusted. And when there is one, very powerful, distributed blockchain already on the market - why would investments go into an inferior blockchain?

Secondly; at any given time the most valuable currency will have the biggest fraction of investors going into mining and into development efforts (compared to other currencies) of that particular algorithm. This creates a widening distance between the most popular currency and all the rest.

However, there are several different algorithms used for different currencies. Take Scrypt, for example. Say Litecoin has the most powerful Scrypt blockchain (it does). If only a fraction of Litecoin miners decided to...

It’s obvious to anyone who studies Bitcoin: the biggest innovation is the underlying technology - the blockchain - not the currency itself.

The blockchain solves an age-old challenge called ”The Byzantine Generals’ Problem” using maths and cryptography. Bitcoin’s inventor, “Satoshi Nakamoto”, explains how on this link. Here’s another short explanation on how that’s possible.

The blockchain acts like a public ledger. It can not be changed after it’s been cryptographically signed and confirmed. Anyone can register any asset on the chain, signed by a continually increasing petaflop count of network power.

Biggest = most trusted

As Bitcoin is the biggest blockchain-network it is also the most trusted. It is natural to assume it will be the prevalent blockchain used for last-mile property-tracking (for example; automatically registering your car’s owners, miles and check-ups on the...