John Beccia: The original white you can use to see transactions; that helps law enforcement the financial crisis. Even Venmo-someone has to have Venmo on the other side of that transaction.
These loans, which are processed without backing collateral, can be executed within seconds and are used in trading. As of the date this article was written, the author does not own cryptocurrency. This model has a network of "validators" stake their own crypto in exchange for a chance to validate new transactions, update the blockchain, and earn some crypto as a reward.
