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Bank of Canada: Double Spending is “Unrealistic” in Blockchain Technology

A study released in July 2018 by the Bank of Canada (BoC) concludes the dreaded “double spending” attack on public blockchains is an “unrealistic” outcome. Blockchain Technology Scrutinized The research study, titled “Incentive Compatibility on the Blockchain,” examines incentive rewards for maintaining a distributed ledger and models the behavior of a “cheating” participant who tampers […] The post Bank of Canada: Double Spending is “Unrealistic” in Blockchain Technology appeared first on CryptoSlate. дальше »

2018-7-24 10:00


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