NJIT's Student Newspaper

The Vector

NJIT's Student Newspaper

The Vector

NJIT's Student Newspaper

The Vector

The Cost of Bitcoin

The Cost of Bitcoin

Ralph Legge January 1, 2019

In just a year, the energy consumption of the bitcoin network exceeds that of Ireland's, as well as 19 other European countries. Five thousand. Ten thousand. Fifteen. Twenty. After nearly a decade of...

Cryptojacking: Should you be afraid for the future?

Ralph Legge November 7, 2018

On October 29, students, faculty, and staff received an email from NJIT’s Information, Services & Technology (IST) Service Desk with the subject line, “What is Cryptojacking? How to prevent, detect,...

Canada, Cannabis, and Blockchain

Ralph Legge October 24, 2018

For those of you keeping up with cannabis legalization, it should bring you much joy that our neighbor to the north, Canada, officially legalized recreational marijuana on October 17. Those aged 18 or...

Dr. Doom’s Fight to Take Down Crypto!

Dr. Doom’s Fight to Take Down Crypto!

Ralph Legge October 18, 2018

A Senate committee hearing, “Exploring the Cryptocurrency and Blockchain Ecosystem”, set for October 11, heard a testimony from Nouriel Roubini regarding his opinions on blockchain and cryptocurrency. Roubini,...

Is Bitcoin in Trouble?

Is Bitcoin in Trouble?

Ralph Legge October 18, 2018

September has been quite the ride for anyone keeping up with Bitcoin. On October 18, the cryptocurrency’s developers released a denial-of-service bug found in the Core software. Luckily, it took less...

Why Blockchain is Still Relevant

Why Blockchain is Still Relevant

Ralph Legge September 26, 2018

Looking for the next big thing in tech? Short on cash and itching for additional income? Searching for a new project? want to find a new avenue for your career? I have the answer to a few of these conundrums:...

Coinbase vs Robinhood

Coinbase vs Robinhood

Ralph Legge February 6, 2018

The largely popular trading app Robinhood has recently announced the ability to trade cryptocurrencies. The Robinhood app is known for having no trading fees. This is a huge game changer for the users...

Investing in Bitcoin

Investing in Bitcoin

Ralph Legge December 19, 2017

With the recent surge in prices it seems like everyone wants to know how they can invest in Bitcoin. The issue is there are not many people who understand Bitcoin let alone the best options for the everyday...

Bitcoin Fork Canceled and Bitcoin’s Possibility as an Investment Tool

Bitcoin Fork Canceled and Bitcoin’s Possibility as an Investment Tool

Ralph Legge November 15, 2017

Fall has been an interesting time for bitcoin. We have seen price action from $3,500 in September to $7,600 this month. This might be attributed to what was Bitcoin’s hard fork, Segwit2x. However as...

What is Cryptocurrency?

Ralph Legge September 28, 2017

What is cryptocurrency? Most people have no idea, yet it might be the future of money. There are many kinds of cryptocurrencies, also referred to as cryptos, available such as Litecoin (LTC), Ethereum...

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