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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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Billionaire Marc Lasry: Bitcoin Could Hit $40,000 In The Upcoming Years

Price predictions, you may love them or hate them, but yet another billionaire has just added his name to a long list of Bitcoin predictions. Marc Lasry On Why Bitcoin Has The Potential To Hit $40,000 On Wednesday, billionaire Marc Lasry told CNBC that Bitcoin could reach $40,000 in the future, which would be a gain […] The post Billionaire Marc Lasry: Bitcoin Could Hit $40,000 In The Upcoming Years appeared first on Ethereum World News. дальше »

2018-7-18 21:27


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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