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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


Could Quantum Computers Decipher Cryptocurrency Wallets’ Private Keys? One Researcher Thinks So

A worrying report was published yesterday in the online academic journal, The Conversation, warning that in the future, quantum computers might become capable of cracking cryptocurrency wallets’ private keys—giving potential hackers access to crypto users’ stored digital currencies. дальше »

2018-7-17 03:00


Фото:

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


Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them

The competition for who will be the leader in online cryptocurrency trading platform was increased as one of the major platforms Robinhood announced an update in its trading platform. Although the market presently is sluggish and many did not expect this to happen presently due to the bearish nature of the market, that they will […] The post Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them appeared first on ZyCrypto. дальше »

2018-7-13 22:23