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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


Фото:

HSBC Tentatively Discusses Cases For Using Blockchains And Cryptocurrencies

Cryptocurrency is not only dividing politicians across the globe, but is also dividing the financial and banking industries. While many are distancing themselves from investigating and investing in cryptocurrency and the wallets associated with holding coins, several are discussing the potential future possibilities that they could provide. дальше »

2018-7-22 23:00


Can Bitcoin become Digital Gold ?

As Bitcoin has shown life the last several days and rose above $7000, the term “digital gold” has been repeated many times in journalistic publications, tweets, crypto forums and even on TV.   Gabor Gurbacs, director of digital asset strategies at VanEck/MVIS appeared on CNBC’s “Futures Now” and opined on just how big Bitcoin could […] The post Can Bitcoin become Digital Gold ? appeared first on ZyCrypto. дальше »

2018-7-21 22:39


The events of those times long past capture the same problems of information asymmetry and irrational speculation that leave many seasoned observers concerned about this moment. The South Sea Bubble, the Mississippi Bubble, and Tulip Mania were

The events of those times long past capture the same problems of information asymmetry and irrational speculation that leave many seasoned observers concerned about this moment. The past 50 years are full of them: the Segway, Google Glass, Betamax, the Concorde, to name a few. You could ask similar questions about other sectors of the дальше »

2018-7-16 19:32


Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them

The competition for who will be the leader in online cryptocurrency trading platform was increased as one of the major platforms Robinhood announced an update in its trading platform. Although the market presently is sluggish and many did not expect this to happen presently due to the bearish nature of the market, that they will […] The post Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them appeared first on ZyCrypto. дальше »

2018-7-13 22:23


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


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


Фото:

Next Up, A Central Bank Digital Currency For The Bahamas

The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »

2018-6-26 04:00


Фото:

Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees

The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears. дальше »

2018-6-25 13:00