Often did not notice the blockchain features

Often did not notice the blockchain features
фото показано с : bitcoints.com

2018-7-25 09:03

As Kai Stinchcombe puts it in Ten Years In, Nobody Has Come up With a Use for Blockchain, blockchain has no real use except “currency speculation and illegal transactions”.
In my earlier posts, I discussed how blockchain removes the middlemen, so let’s focus on two new aspects here: is this necessary?
Hacking a blockchain is much harder than hacking a database, and if some nodes in a blockchain network fail, the rest of the net will keep functioning just fine.
Blockchain to Prevent Fraud
Returning to the case of Katlego Marite, blockchain could actually be the only platform which prevents such transactions.
Blockchain has the ability to do much more than just facilitate illegal transactions and speculation – it can bring power to the people.

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blockchain use removes middlemen earlier illegal transactions

Источник: bitcoints.com

blockchain use → Результатов: 126


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Фото:

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.

2018-7-21 23:03


STARKs, Part I: Proofs with Polynomials

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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.

2018-7-21 23:03


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