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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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Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold”

Gold is one of the most valuable assets in the world, with humans historically holding the rare metal as a valuable asset. But with the rise of the internet and cryptocurrencies, Bitcoin has become a great gold alternative, a “digital gold” if you may, due to its nature as a limited, divisible and store of […] The post Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold” appeared first on Ethereum World News. дальше »

2018-7-21 22:15


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‘I’d Like to watch us Test $5,000’: bitmex ceo Down to business on Bitcoin Cost Rise

Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when Bitcoin’s price jumped from $6700 to $7500 in under an hour. дальше »

2018-7-20 15:14


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Institutional Investors Brought in 56% of Capital at This Bitcoin (BTC) and Crypto Management Fund

The term ‘buying the dip’ has been floating around the crypto-verse ever since Bitcoin (BTC) showed signs of reaching the $5,800 levels late in May this year. As many inexperienced traders were panicking, the true veterans kept emphasizing that rather than cashing out, anyone with extra capital should be investing in Bitcoin (BTC) and the other […] The post Institutional Investors Brought in 56% of Capital at This Bitcoin (BTC) and Crypto Management Fund appeared first on Ethereum World News. дальше »

2018-7-19 17:08


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Billionaire Marc Lasry: Bitcoin Could Hit $40,000 In The Upcoming Years

Price predictions, you may love them or hate them, but yet another billionaire has just added his name to a long list of Bitcoin predictions. Marc Lasry On Why Bitcoin Has The Potential To Hit $40,000 On Wednesday, billionaire Marc Lasry told CNBC that Bitcoin could reach $40,000 in the future, which would be a gain […] The post Billionaire Marc Lasry: Bitcoin Could Hit $40,000 In The Upcoming Years appeared first on Ethereum World News. дальше »

2018-7-18 21:27