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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


Litecoin Creator Charlie Lee Advises Followers to Buy Bitcoin Before any Other Coins, “LTC Included”

Litecoin (LTC) creator Charlie Lee took to Twitter today to advise his followers to purchase Bitcoin before any other cryptocurrencies, even the one he created himself. Most controversially, Lee seemed to refer to all other cryptocurrencies besides Bitcoin, including Litecoin, as “shitcoins”. дальше »

2018-7-18 00:38


Japan To Regulate Korea’s Largest Crypto Exchange

On June 20, all deposits and withdrawals were suspended to update the platform and improve security system to avoid further threats. Initially, the bithumb team has recovered around 16$ million from the hack, but later controversy increased as the chairman of Financial Service Commission Kim Yong-bum got disappeared, and bithumb stopped all further deposits and […] дальше »

2018-7-17 19:49


Фото:

Opera Browser Introduces a Built-in Cryptocurrency Wallet

The latest version of the Opera for Android, currently available in a private beta, introduces an easy-to-use and built-in cryptocurrency wallet functionality to the browser. This means that a significant part of Opera’s 322 million user base across all platforms would no longer need to install separate extensions to handle supported crypto payments on mobile […] The post Opera Browser Introduces a Built-in Cryptocurrency Wallet appeared first on Bitcoin News. дальше »

2018-7-11 10:00


Binance May Earn $1 Billion in Profits, But $1 Million West Japan Disaster Relief Donation is in Order

Two million people in southwestern Japan have had to flee their homes on July 7th, 2018, due to the heavy rains that have caused extensive flooding. Reports within the last few hours indicate that 41 people have been found dead, with 51 others injured and 36 people that are not accounted for at all. Hundreds […] дальше »

2018-7-9 23:16


Binance to Record $1 Billion Profit in 2018, Surpassing Major Institutions

The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit. Changpeng Zhao: Binance Has Ten Million Users The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies. дальше »

2018-7-8 13:00


Фото:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach. дальше »

2018-7-7 03:00