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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


Abra CEO is the Latest Crypto Expert to Make A Bitcoin Prediction, This Time At $50,000

The CEO of the Abra cryptocurrency services app recently stated that the market could see Bitcoin test $50,000 over the “long-term. ” Abra CEO: “Long-Term I See Bitcoin At Over $50,000” Inverse, an American technology news source, recently reported that the Bill Barhydt, the CEO of Abra, is yet another expert to make a Bitcoin price. дальше »

2018-7-13 10:02


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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


Indian Congress Demands Probe Into Bitcoin Scam Involving Top Officials

Another day, another crypto-related scam. This time it’s in India, where members of the nation’s congress have demanded a Supreme Court-monitored investigation into a “mega Bitcoin scam.” Calls for the probe are led by senior congressional leader Shaktisinh Gohil, who accuses the top leadership of the country’s largest political party, the Bharatiya Janata Party, of […] дальше »

2018-7-8 19:00


A lot of people are surprised to see most of the cryptocurrencies are still in the green as of right now. Considering how yesterday evening looked rather uneasy, the positive momentum remains in place, for the time being. None of the top coins

None of the top coins have noticed any major gains, yet the Zilliqa price is definitely rising rather rapidly these days. Said all-time high was recorded in late May and pushed the Zilliqa price to $ 0. дальше »

2018-7-5 17:57


EOS Founder Wants to Scrap the Platform's Constitution, Start Anew

Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise. дальше »

2018-6-28 01:44