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Economics Crypto Tech Cryptocurrencies - One Current View
The Rare Earth Elements

This is a !!Current View* only, since cryptocurrencies and the blockchain technology that underlies them this are evolving so rapidly.

In an age where the flaws of centralized institutions (ex: banks, clearinghouses, governments and central banks) are becoming more and more apparent, and trust in them is increasingly challenged, the concept of a decentralized, secure, ledger that comprises blockchain technology is gaining popularity and mind share at a rate similar to the early days of the Internet. Few have any doubt that it will play a critical role in the future of finance and contracts, but it is still very early and the winners are not yet clear.

Lanthanum

With the lowest atomic number in the group, Lanthanum lends its name to the group, also known as the Lanthanides.

  • Limited scalability, in terms of transaction time and throughput
  • Notoriously high energy consumption required for to execute its proof-of-work cryptographic algorithms, both of mining new coins and validating every transaction.
  • Very limited programmability. The important concept of Smart Contracts is not directly supported.

Blah, blah.

Cerium

With the second lowest atomic number in the group, Cerium

  • Limited scalability, in terms of transaction time and throughput
  • Notoriously high energy consumption required for to execute its proof-of-work cryptographic algorithms, both of mining new coins and validating every transaction.
  • Very limited programmability. The important concept of Smart Contracts is not directly supported.

Blah, blah.

Praseodymium

With the second lowest atomic number in the group, Praseodymium

  • Limited scalability, in terms of transaction time and throughput
  • Notoriously high energy consumption required for to execute its proof-of-work cryptographic algorithms, both of mining new coins and validating every transaction.
  • Very limited programmability. The important concept of Smart Contracts is not directly supported.

Blah, blah.

Neodymium

With the second lowest atomic number in the group, Neodymium

Blah, blah.

Promethium

With the second lowest atomic number in the group, Promethium

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Samarium

With the second lowest atomic number in the group, Samarium

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Europium

With the second lowest atomic number in the group, Europium

Blah, blah.

Gadolinium

With the second lowest atomic number in the group, Gadolinium

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Terbium

With the second lowest atomic number in the group, Terbium

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Dysprosium

With the second lowest atomic number in the group, Dysprosium

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Holmium

With the second lowest atomic number in the group, Holmium

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Erbium

With the second lowest atomic number in the group, Erbium

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Thulium

With the second lowest atomic number in the group, Thulium

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Ytterbium

With the second lowest atomic number in the group, Ytterbium

Blah, blah.

Lutetium

With the second lowest atomic number in the group, Lutetium

Blah, blah.

Scandium

With the second lowest atomic number in the group, Scandium

Blah, blah.

Yttrium

With the second lowest atomic number in the group, Yttrium

Blah, blah.