Never allow the Crypto Circus in Congress to make you fool

2018-7-23 14:37

At the same hearing that Sherman attended, Federal Reserve Chairman Jerome Powell said cryptocurrencies are “great if you’re trying to hide or launder money.”
In the wider context, it’s clear that we have actually come some way forward in regulatory comprehension of this technology.
The influence of a parallel market
Part of this shifting tide reflects the unavoidable reality of crypto markets, which have grown massively since 2013.
Notwithstanding problems of measurement, the almost $300 billion that CoinMarketCap says is the crypto market’s total market capitalization is a historically significant figure.
There are more than 200 crypto exchanges, where more than $16 billion is changing hands daily in dozens of countries.

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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.

2018-7-21 23:03