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UK Fintech Industry Slams Govt’s ‘Blunt Instrument Approach’ To Cryptocurrency

The UK could compromise its fintech sector with “very blunt instrument” regulation currently under consideration, a new report from several industry entities warns. ‘Ashamedly Geared Around Bitcoin’ As local news outlet the Telegraph reports October 29, the report criticizes plans to award more power to regulator the Financial Conduct Authority (FCA) and says treating all cryptoassets in the same way as Bitcoin was counterproductive. дальше »

2018-10-29 19:00


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The free internet makes us the product — we need to stop it

The bad headlines continue to stack up for Facebook this year: from the Cambridge Analytica scandal, to the New York Times report that Facebook gave Apple, Samsung, and other mobile device makers access to its users personal data without permission, to the revelation that the firm routinely gives user information and preferences to several Chinese telecommunications firms, to last week’s security breach in which hackers took control of 50 million user accounts as well as any third-party sites those users logged into via Facebook. дальше »

2018-10-6 19:30


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Bitconnect ICO Scam: Indian Police Nabs Key Accused

Bitconnect ceased all operations in Jan 2018 citing bad press, scrutiny by US regulators and distributed denial-of-service (DDoS) attacks on its system. India Tightens the Noose in the Pursuit of Bitconnect Scammers According to a local media report, Indian authorities nabbed Divyesh Darji, the alleged Asian head of Bitconnect, on Aug 19 at New Delhi’s […] Bitconnect ICO Scam: Indian Police Nabs Key Accused was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-24 15:14


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WEF warns: AI could lead to collapse in the global financial system

There’s little doubt that artificial intelligence will reshape the world as we know it. It’ll revolutionize the way we do business, communicate, and even raise our kids. Presumably, the benefits of AI will outweigh the bad, but a new report from the World Economic Forum (WEF) shows we might just have to weather a global crisis before we ever get the chance to find out. дальше »

2018-8-16 03:55


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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


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