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China Giving Crypto Power Back To The People, Sort Of

Last week, Chinese authorities made their vision on cryptocurrencies very clear, as new movements took hold across the country banning certain aspects of the industry, including the spread of crypto news on social media giants, WeChat, a block on over 100 cryptocurrency exchanges via Chinese internet and even a ban on event venues in Beijing hosting cryptocurrency and blockchain related events and conferences. дальше »

2018-8-28 15:00


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Did Ripples CTO Create A Blockchain Like Technology 20 Years Before Satoshi Nakamoto?

Apparently, the Chief Technology Officer at Ripple, David Schwartz, created a distributed computer system 20-years before the onset of blockchain technology. Does this mean that Schwartz preceded Satoshi Nakamoto’s blockchain? Or, does this mean that Schwartz is Satoshi Nakamoto? Well, in August 1988 it is alleged that Schwartz filed a patent for a multilevel distributed computer system that could be used to run on personal computers. дальше »

2018-8-16 17:30


Australia’s DC Two & D Coin to Create Solar-Powered Bitcoin Mining Farm Built by Hadouken

Australia Could Have The First Solar-Powered Bitcoin Mining Farm In A Coal Town A data center operator from Australia and its crypto subsidiary are developing a first, a Bitcoin mining farm that uses solar power to work, making it one of the most interesting ways to use renewable energy for Bitcoin mining. DC Two, a […] дальше »

2018-8-10 23:57


Taking Back Control of the Web Browsing Experience: Blockchain Startup Decenternet Returns Power to the User

July 31st, 2018: The scale of the internet and its influence has  been something spectacular – it has grew larger than anyone could have imagined. At this present point in time it is the greatest medium of information and media ever designed, which is a testament to humanity’s ability to innovate and improve. However, monopolistic […] дальше »

2018-8-1 02:18


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EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators

An EU study claims that the international nature of the cryptocurrency markets is a challenge for European regulators because many players, especially miners, are outside their reach. The researchers also expect that bank-issued coins could reshape the balance of power among cryptos, with commercial banks using underhanded tactics to stifle the competition. дальше »

2018-7-24 23:40


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


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


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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