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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople

Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »

2018-9-11 18:15


Bitcoin Cash Standard Organization (BCSO): ViaBTC CEO Haipo Yang New BCH Consensus Proposal

This Friday Haipo Yang, the CEO of Viabtc and Coinex issued a Medium blog recommending the establishment of a standardization institution like the World Wide Web’s W3C consortium. Haipo Yang aspires to originate a related group called the Bitcoin Cash Standard Organization (BCSO) in order to build standards and achieve better transparency when it comes […] дальше »

2018-9-1 21:39


A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »

2018-8-9 04:03


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Bitcoin Green (BITG) – The Green Protocol And The Changing Face Of Cryptocurrency

Whilst Bitcoin aims to be the future for currency, many forget that actually, Bitcoin is a huge threat to the environment and the planet it wishes to support. What’s the point in creating a currency for the future, if there’s no future for the planet in the first place? That’s what Bitcoin Green wants to change, via The Green Protocol, a stunning new concept that uses a super efficient proof-of-stake consensus, designed to repair Bitcoin’s environmentally devastating attitude. дальше »

2018-7-31 13:45


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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems

Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »

2018-7-25 18:00


Knowchain ICO

Knowchain is a new blockchain with 2 layers that power the ability to make transactions with additional information attached on-chain. The main idea is a 2 layers blockchain with layer 1 as Value Settlement Layer to make the value transferring process faster and layer 2 as Ano Layer to store Ano units that can be anything such as Smart Contracts or Additional Information. дальше »

2018-7-24 17:30


Фото:

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


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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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16