This article was posted on Friday, 07:17, UTC.
A spate of new blockchain-based technologies are getting support from bigger names. Tezos is among them, having received vocal and financial backing from Tim Draper, the famed billionaire who bought a massive stack of coins from the federal government at auction following the Silk Road seizures. A Hacked reader asked us to take a look at this new venture, which will be Tim Draper’s first ICO – having previously been skiddish about such things due to their high likelihood of failure. Of course it makes sense that traditional financial people will be weary of ICOs, for they are even less…
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P. H. Madore
P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and is currently nearing the completion of a cryptocurrency exchange in concert with the firm he primarily works for, Vermont Secure Computing Consultancy.