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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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Bitcoin Cash [BCH] to receive support for colored coins and smart contracts? Bitmain submits proposal
Bitmain, known for its Application Specific Integrated Circuit [ASIC] miners, has recently proposed developing and implementing a protocol for smart contracts on the Bitcoin Cash [BCH] blockchain. The proposals reportedly emerged from Chinese WeChat groups comprising of developers from the company. дальше »
2018-7-18 14:24 | |
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Kutcho Copper Opens MineHub Metals & Mining Blockchain Supply Chain Technologies
Kutcho Copper Corp. has announced the launch of its MineHub Technologies Inc with a syndicate of industry partners including a senior mining company, one of the world’s largest streaming companies, an international base and precious metals and concentrates trading company that specializes in providing trading and financing solutions for miners and smelters and a global […] дальше »
2018-7-13 20:39 | |
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Bitminer Factory Launches ICO on July 21, 2018 with 12% Discount
After launching their Presale on July 1st, 2018 which ends July 20th, 2018, Bitminer Factory today announced their ICO will start July 21st, 2018 with limited time 12% discount. Their startup makes the Blockchain sustainable by using renewable energy to mine cryptocurrencies and shares the benefits with token holders. дальше »
2018-7-13 20:34 | |
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Weather Disruptions Threaten Crypto Miners’ Profits
Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times. дальше »
2018-7-10 16:34 | |
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The Financial specialist explainsWhy bitcoin employments so much vitality – The Economist
Why does bitcoin require so much energy to make something that exists only electronically? Bitcoin and most other cryptocurrencies are founded on the notion of an immutable ledger, called the blockchain, which comprises transfers of value from one party to another. дальше »
2018-7-9 13:04 | |
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Why Pittin uses the most energy – the Economist
Why does bitcoin require so much energy to make something that exists only electronically? Bitcoin and most other cryptocurrencies are founded on the notion of an immutable ledger, called the blockchain, which comprises transfers of value from one party to another. дальше »
2018-7-9 09:41 | |
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U-Turn: Electroneum Fork Welcomes ASICs Back To ETN Network
The cellphone-based blockchain platform, Electroneum (ETN) performed a U-turn by bringing ASICs back to confirm transactions after originally forking to become ASIC-resistant. Electroneum’s founder and CEO, Richard Ells, said in the company’s Telegram group they decided to take ‘urgent action’ and re-introduce ASIC miners, reversing a fork that had integrated ASIC-resistant code at the end of […] The post U-Turn: Electroneum Fork Welcomes ASICs Back To ETN Network appeared first on Crypto Briefing. дальше »
2018-7-6 01:30 | |
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Syscoin: Chain “Fully Operational as per Design” After “Irregular” Trade Activity
On July 3, 2018, Binance suspended all trading and withdrawal services due to "irregular" Syscoin (SYS) trades carried out "from a number of API users. " The exchange has since resumed all activities, according to a blog post. дальше »
2018-7-5 20:11 | |
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Crypto Mining Profits Plummet, ADVFN CEO Says
Clem Chambers, who is the CEO of a private investor’s website ADVFN. com, recently wrote about the falling rewards for Bitcoin mining in a Forbes. He suggested that falling prices of cryptocurrencies is leading to miners leaving the industry as the business becomes less profitable for them. дальше »
2018-7-4 10:04 | |
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Dodgy Crypto Miners Target Linux Systems, a New Report Reveals
WatchGuard released its latest internet threat report for Q1 2018, which suggested that cryptocurrency mining threats are on the rise. About 98. 8% of common Linux/Downloader malware variants found in the first quarter were to target Linux-based computers with crypto miners. дальше »
2018-7-3 18:39 | |
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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
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Anyone Can Start Mining Cryptos in Ukraine Even Without a License
While governments and regulators in some countries are passing laws to regulate the trading of cryptocurrencies and, even their mining, other nations advocate a more crypto-friendly approach towards the sector. дальше »
2018-6-29 14:59 | |
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Dash [DASH] accessible in 400 Austrian Post Offices!
Dash’s self-funded, self-governed organizational structure, referred to as the treasury system or decentralized governance by blockchain, makes Dash a decentralized autonomous organization [DAO]. A global network of master nodes vote on proposals for improving Dash’s ecosystem. дальше »
2018-6-27 22:24 | |
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Quebec Raises Power Tariff for Cryptocurrency Miners
Quebec province has decided to raise the power tariff for cryptocurrency miners in the region. The policy will apply to all miners until the province finds an alternate solution to feed the power-hungry industry. дальше »
2018-6-22 21:43 | |
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Kosovo Offers Inexpensive Cryptocurrency Mining
Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region. дальше »
2018-6-20 23:02 | |
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
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Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners
Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. And while Ripple certainly was the hot topic, Mr. дальше »
2018-6-13 21:18 | |
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Ripple’s Garlinghouse: “Four Miners in China Control Over 50% of Bitcoin”
The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference. дальше »
2018-6-13 21:00 | |
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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
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Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency
Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. дальше »
2018-6-13 17:11 | |
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