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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


Binance is One-Year-Old, Celebrates by Announcing a Tiered Fee Discount Program

The cryptocurrency exchange giant Binance has announced a new loyalty program for its users. The news coincides with them reducing the BNB discount rate as per their white paper. Binance Reduce BNB Discounts, Introduce New Fee Structure Since their launch this time last year, Binance offered its users unique savings if they used their own. дальше »

2018-7-19 21:00


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Binance Introduces New Tiered Trading Fee Program and BNB Coin Discount Rates

Binance Introduces New Tiered Trading Fee Program and Makes Alterations to BNB Discount, As per its Whitepaper On July 19, 2018, Binance released a document detailing the changes made to its native token, BNB’s discount rate along with introducing what’s dubbed as the “Tiered Trading Fee Discount Program”. The team shared that they are on […] дальше »

2018-7-19 19:51


Tokenizing Trading Fees With Mining Mechanism – Is It Good or Bad for Exchange Platform Users?

ABCC is another exchange trying to reward users with AT and ToM. Today we are going to discover how bitcoin-like mechanism and a principle of fixed number of tokens generated via half-life cycle with Simultaneous Release differentiate the new approach from others While some want to lower the exchange fee, the others reward traders. дальше »

2018-7-9 15:04


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