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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


Japan’s Telecom Company NTT Looks To Distributed Ledger Technology For Contract System

According to a recently filed patent application, Nippon Telegraph and Telephone (NTT) might be planning to introduce new contracts agreement system based on distributed ledger technology. NTT, which is one of the leading telecommunications companies in the world, has revealed that the application will be used to store contracts while the contained documents are tamper-proof. […] дальше »

2018-7-21 19:43


Coinbase Or Binance: Which Crypto Trading Exchange Platform Is Right For You?

As a sign of a maturing asset class and a growing component of modern business, digital exchanges have begun populating the crypto arena. With new entrants emerging periodically and existing exchanges constantly streamlining their offerings, even seasoned investors might be at a loss to pinpoint the “best” exchange. Newcomers in particular are faced with a […] дальше »

2018-7-20 11:52


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