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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


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China’s IT Ministry Supports a Industrial Scale Development of Blockchain Technologies

China is moving forward in its quest to become the world’s leading economy and is determined not to lag behind when it comes to innovation in blockchain technologies. his was made known by the deputy director of China’s Ministry of Industry and Information Technology (MIIT), Mr Xin Guobin in an official letter published on the […] The post China’s IT Ministry Supports a Industrial Scale Development of Blockchain Technologies appeared first on Ethereum World News. дальше »

2018-7-18 20:09


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Charlie Lee – “Buy A Whole Bitcoin Before You Buy Altcoins”

When you’ve been in the industry as long as Charlie Lee, it isn’t uncommon for them to start giving out advice to newcomers in the industry. The creator of Litecoin has recently advised to newcomers that you should invest heavily in Bitcoin and Ethereum before you go head first into any altcoins, but what’s strange is that he’s given himself the same advice. дальше »

2018-7-18 15:00


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Betting On Augur: 8 Reasons To Be Bullish On REP

Augur (REP) will be the talk of the cryptocurrency community when they go live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the […] The post Betting On Augur: 8 Reasons To Be Bullish On REP appeared first on Crypto Briefing. дальше »

2018-6-22 19:11