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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


Changing credibility with blockchain through Targeting Media Ecology

In the process of shared transaction, media information is subject to being copied or washed by other media. Then how does the PR Chain break the asymmetry of information, making everyone the information center, making them resource link points, and establishing such “attention economy” blockchain media platform? Making use of the technology to protect information, дальше »

2018-7-21 01:24


Bitrefill Integrates Bitcoin’s Lightning Network For Crypto Payment Vouchers

Bitrefill recently announced that it would offer Amazon gift vouchers, effectively helping to open up lightning network transaction to nearly any item. This startup is known for its revolutionary products, which includes the ability to purchase mobile phone top-ups in over one hundred nations across the world. Their new support for gift vouchers from leading […] дальше »

2018-7-21 01:04


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Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier. дальше »

2018-7-21 23:00


Ethereum (ETH) Transaction Numbers Go Parabolic, 3x of Ripple’s XRP Coin

Ethereum (ETH) Transaction Numbers Are on the Rise On July 17th, it was noted that the total number of Ethereum transactions executed successfully stood at 701,292. After taking a closer look at the other blockchain, it was noted that this number was more than three times the numbers transacted by the other cryptocurrencies. Past Transactions […] дальше »

2018-7-19 21:36


Vitalik Buterin Estimates Ethereum Spam Transaction Fees at $15 million

According to Vitalik Buterin, Ethereum’s recent spam congestion transactions have racked up at least $15 million in gas fees. Facing record congestion in the form of soaring gas fees and pending transaction times, the Ethereum network has been recently stung with a gas price manipulation attack caused by thousands of spurious transactions. дальше »

2018-7-19 08:00


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‘Wow’: Ethereum Fees Higher Than Bitcoin’s For First Time Ever

Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week. дальше »

2018-7-18 21:00


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Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever appeared first on CryptoSlate. дальше »

2018-7-19 20:00


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Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever appeared first on CryptoSlate. дальше »

2018-7-18 20:00


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Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »

2018-7-18 23:18


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This visualization of Venmo’s public data is terrifying

PayPal’s peer-to-peer payment app, Venmo, is one of the modern world’s greatest conveniences. It’s a simple way to send people money without jumping through a bunch of hoops. But, what if you found out that every transaction you completed with the app was, by default, instantly uploaded to the internet for the entire world to see? You’d be upset right? Well, as it turns out, if you never changed the privacy settings in your Venmo account you’re sharing your transaction history with everyone. дальше »

2018-7-17 20:48


Monero Successfully Completes First ‘Bulletproofs’ Audit, Mainnet Integration Coming Later This Year

After announcing in December 2017 its intention to incorporate the ‘bulletproofs’ mechanism into its transaction protocol, Monero (XMR) has completed a first independent audit confirming bulletproofs’ successful integration onto the platform’s testnet, barring a couple of miner security issues. дальше »

2018-7-17 02:01