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Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding

The true identity of Satoshi Nakamoto, the creator of Bitcoin, has been a heavily contested topic in the cryptocurrency community for the better part of a decade. Even though Satoshi has since faded into the shadows, with some classifying him as somewhat of a legend, many still seek to find out who he, she, or […] The post Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding appeared first on Ethereum World News. дальше »

2018-8-13 22:30


6 Things People Take for Granted When Using Centralized Crypto Exchanges

In the world of cryptocurrency, centralized exchanges are still a very common sight. That is a bit unusual, especially in an industry where decentralization is the main selling point. Even so, there are several positive aspects of centralized exchanges, especially during these early stages of the cryptocurrency industry. 6. High Volume Even though there have […] дальше »

2018-8-12 17:00


BitConnect is getting delisted from the last cryptocurrency exchange that still trades it

The final nail in BitConnect’s coffin will come September 10, when the last exchange to offer trading pairs in the controversial cryptocurrency will delist its worthless token, BCC. For the uninitiated – BitConnect was both a pyramid and Ponzi scheme masquerading as a cryptocurrency lending platform. дальше »

2018-8-10 15:53


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Why Bitcoin-Collateralized Loans Still Work in a Bear Market

Despite talk of Bitcoin heading higher in the second half of 2018, many long and short-term holders are growing impatient – or are even being squeezed out of the market. HODL The Pain Or Reap The Gain? The result of a long, slow decline in Bitcoin price which began following the cryptocurrency’s all-time highs in December 2017, social media and community forums are awash with commentators slowly – and highly reluctantly – exiting their positions. дальше »

2018-8-9 23:00


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


Are you afraid of cyber attacks? Improve your cyber security!

Even though we are well into our second decade of widespread internet use, the term ‘cyber attack’ is still a relatively new and daunting one for many people. Many individuals and small businesses entrust their cybersecurity to off-the-shelf antivirus softwares, which can effective but certainly aren’t foolproof. When it comes to preventing cyber attacks, everyone […] дальше »

2018-7-27 16:04


John McAfee Bashed HitBTC Crypto Exchange is Suspending Users Accounts

HitBTC Exchange Faces Criticism on Multiple Fronts HitBTC is among the oldest cryptocurrency exchanges currently in existence. Though perhaps for some this title means little considering the small length of time for which the market has even existed at all, HitBTC has still managed to stick around through the thick and thin of an incredibly […] дальше »

2018-7-27 23:15


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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


STARKs, Part I: Proofs with Polynomials

Special thanks to Eli Ben-Sasson for ongoing help, explanations and review, coming up with some of the examples used in this post, and most crucially of all inventing a lot of this stuff; thanks to Hsiao-wei Wang for reviewing Hopefully many people by now have heard of ZK-SNARKs, the general-purpose succinct zero knowledge proof technology that can be used for all sorts of usecases ranging from verifiable computation to privacy-preserving cryptocurrency. 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