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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


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


Хакеры украли $13,5 млн с криптовалютной биржи Bancor

Хакеры украли 25 тыс монет Ethereum, BNT и Pundi X на сумму более $13,5 млн с криптовалютной биржи Bancor. Об этом представители биржи сообщили в своем Twitter. Here is the latest update on the recent security breach: pic. дальше »

2018-7-10 12:55


Ethereum Casper Update Expected in 2019, Sharding in 2020

Ethereum 2. 0, which incorporates the Casper upgrade and the addition of sharding, could be implemented from 2019 onwards, say Ethereum’s leaders. Talking to TechCrunch at its TechCrunch Sessions Blockchain event in Switzerland’s “crypto valley”,  Vitalik Buterin, Justin Drake, and Karl Floersch spoke about the future of Ethereum scaling. дальше »

2018-7-7 20:24


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