Introducing on-chain governance to crypto networks is likely to make them more like nation-states with the inefficiencies that entails.
Real-world assets will force a change in blockchain governance, writes EY's Paul Brody. Forks will still be possible, but will attract fewer users.
U.S. income tax treatment of forks is unclear. A conservative approach would be to treat the receipt of new cryptocurrency as taxable ordinary income.
Hedera, a new public ledger developed by enterprise DLT software firm Swirlds, uses a patented codebase to prevent forking or cloning of the currency.
The crypto industry may be struggling to move past all the emphasis on price alone – but tangible progress is being made on the technology today.
The year of interoperability? Or enterprise digital asset adoption? Both futures might be on the table for 2018, according to Ripple's CTO.