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The Inherently Decentralized Nature of XRP Ledger

The topic of decentralization in blockchain is wildly nuanced, misunderstood and, frankly, evolving. Bitcoin and Ethereum are currently viewed as the gold standard for decentralization — meaning they are architected in a way that no single individual or minority group can dictate rules or rewrite transaction history (the power of blockchain!). дальше »

2018-8-24 20:12


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


Enjin Coin Announces ERC-1155 Standard to Replace ERC-20, ERC-721

  Presents innovative new standard combining traits of ERC-20 and ERC-721 into a single contract World’s first ERC standard in which infinite tokens can be placed in a single smart contract Reduces transaction cost (gas), which accounts for 60 percent of existing ERC-20/ERC-721 token item transaction costs Opens up a new paradigm where anyone can […] дальше »

2018-6-28 00:52


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