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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


TxStreet.com Bitcoin Transaction Visualizer Website Offers BTC & BCH Insight Tool

Although Bitcoin has been around for nearly five years, many crypto investors still do not seem to have a complete picture as to how its technology works. With so many specs to consider, including the likes of blocks, transactions, DLT, blockchain and so on, it makes understanding the concept far more difficult. This is where […] дальше »

2018-7-16 10:24


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


Joe Lubin Says Ethereum (ETH) “Layer Two” Blockchain Features Coming Within This Year

At the Rise conference, which took place in Hong Kong on Tuesday, July 10th, Ethereum’s Joseph Lubin let attendees know that the first layer in the Ethereum ecosystem is completely established. However, they are far from done, because it is time to begin “layer two” systems to allow for maturation and ramification. The announcement happened […] дальше »

2018-7-12 11:03


Can Bitcoin and Other Cryptocurrencies Bounce back within the Moment Half of 2018? – TheStreet.com

The bellwether cryptocurrency recently hit a low for 2018, dipping below $6,000 but has made a strong showing so far in July, rising to the $6,600 level. What does this mean for cryptocurrencies’ attempts at recovery in the coming season? Rod Turner, CEO of Blockchain crowdfunding platform Manhattan Street Capital, predicts “crypto investor interest will rise for дальше »

2018-7-3 22:09


Фото:

Which Uses Are Most Important For Cryptocurrencies?

Cryptocurrency has an awful lot of uses, far more than it’s FIAT rivals. Of course, part of this is down to the power of the blockchain and whilst (for example) both crypto and FIAT can be used to make cross border payments, the crypto alternative is so superior that in reality, the idea of a FIAT cross border transfer cannot be considered as a part of even the same league. дальше »

2018-7-2 18:30