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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


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Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »

2018-7-18 23:18


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In my last article I answered some of the questions I often hear from family or friends who want to buy Bitcoin for the first time. I also recommended what I think is the easiest way to get started, Coinbase.

Today let’s have a look at two of the most popular follow-up questions I receive, usually in the minutes immediately after the Bitcoin purchase goes through. How can I buy some other coins?While Bitcoin is by far the most well-known and desired cryptocurrency, there are many other coins, known as Altcoins, out there these days. Some дальше »

2018-7-16 16:09


Gnome Invasion ICO (GIT Token): Collect Blockchain Gaming-Cards?

What Is Gnome Invasion? Gnome Invasion or GIT is not only an investment, but it also doubles up as a utility token that can be used to purchase real products. With GIT, cryptocurrency enthusiasts get a unique opportunity to collect gaming cards while making the most out of the blockchain infrastructure. How Gnome Invasion Blockchain Gaming-Cards Work […] дальше »

2018-7-15 11:21


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CryptoKitties finally finds a real use-case in charity auction for sea turtles

CryptoKitties, the cutesy blockchain game where you can collect, customize, breed, and inevitably pimp out virtual cats is still apparently still a thing. Once so popular that it brought Ethereum to its very knees, dwindling interest has spurred them to adopt a more holistic way to get people to spend money on seemingly worthless vanity tokens. дальше »

2018-7-11 17:31


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Ignorance is Bliss! Reactionary Economists Keep Yelling at Bitcoin

Joseph Stiglitz, Nouriel Roubini, and Kenneth Rogoff have once again come out of the woodwork to attack Bitcoin — though they might need to get their facts straight.   ‘No Government Can Allow That’ Joseph Stiglitz, a Nobel Prize-winning economist and professor at Columbia University, believes Bitcoin will be shut down by governments around the world — while illustrating a serious lack of knowledge on what Bitcoin even is. дальше »

2018-7-9 21:00


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35


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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »

2018-6-29 18:17


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Cryptocurrency Education Is Important, Now Somebody Get’s It

We are always discussing why we believe that cryptocurrency education is important, more so than regulations and prohibition. Censorship of crypto-advertising online by companies such as Twitter, Facebook and Google have only helped to hide honest and real crypto-brands from having their name spread and overall, people are still falling for cryptocurrency scams worldwide. дальше »

2018-6-26 06:00


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Just How ‘Cool’ is the CoolWallet S? (Review)

The CoolWallet S by CoolBitX is a credit-card-like hardware wallet for storing Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and select ERC20 tokens — but just how “cool” is it? Let’s find out!  Design First and foremost, let’s get one thing straight — you’re not going to find a ‘cooler’ looking hardware wallet anywhere on the market today. дальше »

2018-6-24 17:00


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »

2018-6-13 20:24