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A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »

2018-8-9 04:03


Swiss Crypto Job Scene Flippening Is Happening As Bankers And Regulators Are Making The Switch

Several Swiss crypto users are becoming bankers too, seeing more value and opportunity in both spaces. Not surprisingly, Swiss banks are not exactly excited about the new move. Early this year, finance ministers from the G20 held a meeting in Argentina, at which time the Swiss stance on cryptocurrency was made clear. Switzerland sees cryptocurrency […] дальше »

2018-8-7 20:23


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‘Shakeout Year’: Economist Says No New Cryptocurrency Price Highs In 2018

Amid renewed talk about cryptocurrency prices surging in the second half of 2018, one of the industry’s oldest commentators has said he does not think this year will see new all-time highs. ‘Sideways And Downside Potential’ In a forecast and analysis August 2, economist and investor Tuur Demeester said that 2018 would likely fulfil the role of a “shakeout year” in both Bitcoin and altcoin markets. дальше »

2018-8-7 15:00


AERGO ICO

AERGO is a proposed new blockchain protocol, which aims to power both public and private blockchain deployments. Based on Blocko Inc’s (Blocko) experience in providing large-scale, production level private blockchain to recognized enterprise customers, AERGO intends to be purpose-built to enable enterprise architectures based on blockchain by incorporating both new, innovative and established technical approaches to build scalable distributed database systems. дальше »

2018-7-30 18:13


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The Bank Of Canada State That A CBDC Would Benefit Canada And The USA

The Bank of Canada, Canada’s central bank have hit headlines on a few occasions this month, after a sudden spike in interest within cryptocurrency and blockchain technology from the bank. According to Coindesk, The Bank of Canada have published a new paper that discusses how a Central Bank Digital Currency (CBDC) would be beneficial to both the economies of United States and Canada. дальше »

2018-7-27 15:30


Silk Road’s Ross Ulbricht Sees US Attorney File New Motion To Dismiss Hitman Hiring Charges

Ross Ulbricht, who is known as “Dread Pirate Roberts,” is serving a life sentence for his role in the Silk Road marketplace that facilitated the sale of illegal drugs. Ulbricht has filed an appeal and petitioned the Supreme Court for writ of certiorari, both of which have been denied – despite the twenty amicus curiae […] дальше »

2018-7-24 09:46


Joan Laporta, lawyer and former president of FC Barcelona, joins Blockchain Technology Company Urbit Data

Joan Laporta has joined the Advisory Board of the company Urbit Data. This way, the company consolidates its growth strategy with a solid project with an enormous global projection. Urbit’s new consultant has stood out for many years for his successful and relevant career, both in the field of senior sports management and in his […] The post Joan Laporta, lawyer and former president of FC Barcelona, joins Blockchain Technology Company Urbit Data appeared first on ZyCrypto. дальше »

2018-7-24 23:50


The UXM ICO

The Universal Exchange Marketplace (UXM) is a designed to be a powerful yet easy to use transaction exchange platform that empowers individuals and businesses worldwide to increase their income, wealth, and value through optimized efficiencies on all sides of a transaction while simultaneously and automatically multiplying the value of each transaction for both buyer and seller through the proprietary UXM Multiplied Monetization (UMM) system. дальше »

2018-7-22 20:34


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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


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