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G20 Crypto Regulation Decision Boosts Bitcoin to Two-Month High

Bitcoin has hit a two-month price high of $7,820, at the time of writing, amidst its ongoing resurgence following a meeting of G20 finance ministers in Buenos Aires on 21 and 22 July 2018. At the meeting, ministers discussed cryptocurrency and issued a communique stating that while it remains under scrutiny, it does not pose a threat to the global. дальше »

2018-7-24 15:00


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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


Bitcoin Bubbles – This is not our first rodeo – Bitcoin USD … – Looking for alpha

Data Source: blockchain.com On June 10, 2011, the price of a single bitcoin was $35, an incredible high at the time. The Bitcoin bubble of 2011 – analyzing the Bitcoin network’s response Confirmed transactions and Bitcoin price in 2011 During that time, it’s interesting to look at the relationship between the number of daily transactions дальше »

2018-7-21 10:18


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Wikipedia bubbles – this is not our first rode – searching for alpha

Data Source: blockchain.com On June 10, 2011, the price of a single bitcoin was $35, an incredible high at the time. The Bitcoin bubble of 2011 – analyzing the Bitcoin network’s response Confirmed transactions and Bitcoin price in 2011 During that time, it’s interesting to look at the relationship between the number of daily transactions дальше »

2018-7-20 20:23


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Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba. дальше »

2018-7-16 19:45


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Bitcoin is eyeing change of fortunes above $6,800, having convincingly scaled a key moving average hurdle earlier today. At press time, is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day.

At press time, BTC is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day. For instance, prices rose above $6,300 on Saturday, but trading volumes fell to $2.92 billion, the lowest level since November 7, according to CoinMarketCap. However, the solid move above the 20-day moving average дальше »

2018-7-16 19:39


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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