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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


Sony announces limited edition ‘Amazing Red’ PS4 Pro bundle

Sony today announced a custom-edition PlayStation 4 that features a bright red exterior adorned with the logo of everyone’s favorite web-slinger. I’m not a fan of custom-edition consoles. I’d like to think that when I fork over upwards of $500 that the console I just bought is going to be, visually speaking, something I’ll have to live with for the next several years — until a new version takes its place. дальше »

2018-7-20 03:15


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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


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


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Saturday For Bitcoin: Coins for Drivers, Prisoners, and Conservationists

The Daily Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. Also read: Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple? One of this year’s surprises: German auto manufacturer Volkswagen has revealed a concept model equipped with a cryptocurrency wallet. Each conservationist will be able to дальше »

2018-6-16 17:08