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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


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Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton

Bitcoin might have a mole, a sympathetic insider at the highest levels of the US financial regulatory apparatus, if recent ecosystem press accounts are to be believed. According to a US Securities and Exchange Commission (SEC) meeting transcript, SEC Chair Jay Clayton has privately expressed deep knowledge of cryptocurrencies, including during a heated exchange with […] The post Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton appeared first on Bitcoin News. дальше »

2018-8-3 10:35


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space. дальше »

2018-8-2 00:27


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Ethereum-based DApp Ponzi Games Ranking Highest in Daily Usage

As self-proclaimed “scam” games experience the most usage amongst all decentralized applications (dApps), the emerging technology might be finding unsteady footing in the market. The triumphant success of Fomo3D and PoWH3D describe themselves as “exit scam” and “smart-pyramid” games — managing to draw attention to the whimsical state of dApps. дальше »

2018-7-24 17:00


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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


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Grayscale Investments’ $250M Record Shows Appetite For Bitcoin Is Growing

Barry Silbert’s Grayscale Investments has released an income report which defies the theory that lower Bitcoin prices mean less cash flowing into cryptocurrency.   Who Cares About Bitcoin Prices? In its Digital Asset Investment Report, Grayscale revealed the highest rate of investment in its history — $250 million since January. дальше »

2018-7-19 03:00


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Review of top 50 ICOs shows most promise things they will never deliver

The most extensive legal report on initial coin offerings (ICOs) is now available to the general public, and the findings are pretty damning. University of Pennsylvania legal professors, alongside research teams, have meticulously studied the top 50 highest grossing ICOs of last year – their whitepapers and their code – to determine if there was any disparity between promises made and cryptocurrencies developed. дальше »

2018-7-18 17:30


Report: Apple’s iPhone 6 has the highest failure rate among iPhones — but Samsung is worse

A recent study of the past five years’ worth of iPhone releases saw that the iPhone 6 was, hands down, the worst Apple handset release in recent memory. Both the iPhone 6 and 6s models (regular and Plus) topped the chart of least reliable Apple handsets, according to the “State of Mobile Device Repair & Security“ report issues by Blancco, a data erasure and security firm. дальше »

2018-7-14 01:59