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Power Grid Operators Are Tracking Down Bitcoin Mining Electricity Thieves

Crypto mining is one of the world’s largest sources of energy consumption. Typically, you pay money for electricity, and this is an accepted cost of mining. But you can make even more money through crypto mining when you steal electricity – and that’s what people around the world have started to do. Approximately $90 billion […] дальше »

2018-7-31 08:56


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


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Report: Blockchain cost nearly $ 12 billion to strike by 2022

A new report published by the International Data Corporation expects spending on blockchain solutions to increase annually at a growth rate of nearly 75 percent through 2022. Dubbed the “Worldwide Semiannual Blockchain Spending Guide,” analysts at the firm expect total spending on projects in the blockchain industry to hit $11.7 billion in 2022 alone, compared дальше »

2018-7-20 00:37


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New Research Finds Backdoor ‘Centralized Control’ in Many ICOs

Researchers from the University of Pennsylvania have found that a significant number of ICOs retained centralized control through undisclosed code.   Backdoor Centralization The full paper, titled Coin-Operated Capitalism and published on July 18, is an “interdisciplinary effort spanning law, economics, and computer science,” according to University of Pennsylvania Law Professor David Hoffman. дальше »

2018-7-20 23:00


Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin

Austin-based cryptocurrency hedge fund Multicoin Capital is long Ethereum as well as EOS while short both Litecoin and Ripple’s XRP. Backed by Andreessen Horowitz’s Marc Andreessen and Union Square Venture’s Chris Dixon among others, the $75 million fund is defending its most significant position: EOS, a currency that raised $4 billion through an ICO last month […] Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-3 01:24


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Ripple To Make Waves Within Indian Remittance Services

A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services. дальше »

2018-6-30 15:00


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