Mercator Advisory Group, "VC Investments Could Cripple Bitcoin"

Mercator Advisory Group is an established advisory and consultancy firm in the financial industry. The specialised payment and banking analysis group began studying blockchain technology in early 2014, releasing it’s first research note shortly after,’Global Digital Currency Regulations: Divergent Paths’.

In the latest note Tim Sloane, Mercator Advisory Group VP of Payments Innovation, provides an overview of what Mercator terms “the Bitcoin economy,” which links the attributes of value, transactions, fees, and Bitcoin miners in a balanced choreography.

– Global Digital Currency Regulations: Divergent Paths

The 12 page note include 3 exhibits, and provides the group’s definition of sidechains, the identification of technological mechanisms for their implementation, and new approaches to sidechains that have been documented, “with identification of where they will likely add significant value and where they continue to risk breaking the Bitcoin economic model.”

Read more ... source: Bitcoin Warrior