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Layer 1 Should Be Innovative in the Short Term but Less in the Long Term
One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”). дальше »
2018-8-28 04:03 | |
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Ripple CTO Holds Bitcoin despite Thinking Proof-Of-Work Has no Future
David Schwartz, one of the original architects of the Ripple consensus network, doesn’t see XRP being the one digital asset to rule them all any time soon and holds an unspecified amount of bitcoin despite calling its Proof-of-Work consensus algorithm a “technological dead-end. дальше »
2018-8-26 08:00 | |
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Op Ed: Making Friends With Time in the Cryptocurrency Space
What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind. дальше »
2018-8-23 22:20 | |
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PR: Token Creation Now Available on Bitcoin Cash via BITBOX – Bitmain Wormhole Partnership
Bitcoin. com launches a powerful developer framework for token creation on the Bitcoin Cash blockchain, adding a significant rival to Ethereum, just days after Bitmain announced their Wormhole protocol. дальше »
2018-8-17 12:30 | |
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Ethereum Founder Vitalik Buterin’s Twitter Spree Tells All About Casper
Vitalik Buterin issued a series of 75 tweets today to discuss Ethereum’s Casper project. Casper is the upcoming consensus mechanism that will be used to transition Ethereum from proof of work to proof of stake. дальше »
2018-8-17 01:29 | |
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Tendermint: Blockchain Consensus Project Cosmos Network?
Tendermint is used to replicate an application on many different machines in a secure and consistent way. This is very important because Tendermint works even if 33% of the machines fail in arbitrary ways. дальше »
2018-8-8 19:53 | |
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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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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 30
Experts have still not reached consensus on whether the approval of a Bitcoin ETF by the SEC is all that important. Meanwhile, the markets continue reacting to the recent rejection of an ETF by Winklevoss twins - let’s check the charts дальше »
2018-7-31 23:35 | |
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Company Aims to Help Employees Earn More Via Their New App
Revealed exclusively to CoinDesk, Misthos launched its multi-signature wallet Monday on top of Blockstack’s decentralized application platform. To that end, all proposed payouts from a venture using a Misthos wallet must be approved unanimously by the partners in that venture. дальше »
2018-7-30 18:23 | |
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Logos Network ICO
The Logos Network is a distributed, trustless transaction network designed for extreme scalability. It achieves high transaction throughput and low confirmation latency using a novel structure. Each account on the network has an individual chain that tracks all of its transactions, allowing independent transactions to be processed parallel. дальше »
2018-7-30 18:13 | |
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Vitalik Buterin Responds To Bank of Canada Proof of Consensus Report
The Bank of Canada recently released a report conducting new research into the different forms of consensus verifying technology used in blockchains all over the sector. In its report, the bank concluded that the superior form of consensus verification is PoW, or Proof of Work. This is the type of system employed by the biggest […] дальше »
2018-7-27 10:59 | |
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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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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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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 | |
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BitKop Primed to Revolutionize the Blockchain Industry with its Green Consensus Action Signature
The BitKop Green Consensus initiative for blockchain industry is aimed at curbing all illegalities in the cryptospshere. The BitKop strategic partners, TokenSky support the project. The Green Consensus event dubbed “ Anti-unrealistic coins, Anti-scam coins, Anti-hacking, and Purify the blockchain environment,” is a sensitization campaign against the illicit acts in the blockchain space and shed […] The post BitKop Primed to Revolutionize the Blockchain Industry with its Green Consensus Action Signature appeared first on ZyCrypto. дальше »
2018-7-15 17:37 | |
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Bucket ICO
Bucket is a real-time fiat currency capture and virtualization platform utilizing blockchain technology. All incoming transactions and outgoing cash-outs in the Bucket environment are committed to the Dispatch protocol, which achieves high transaction throughput with no transaction fees due to its unique DAPoS consensus algorithm. дальше »
2018-7-14 16:11 | |
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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”
Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »
2018-7-14 01:04 | |
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Op-Ed: Bitcoin’s Roots in the Great Law of Peace
Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. дальше »
2018-7-14 00:48 | |
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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »
2018-7-13 17:16 | |
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NEO Adds First Independent Node
After announcing the election of a new consensus node, NEO has rejoined the top-10 cryptocurrencies by market capitalization. Until now, all nodes have been operated by the project’s team. NEO entered the era of decentralization!https://t. дальше »
2018-7-5 10:00 | |
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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
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Spacemesh Code Review: PoST Consensus
Actually quite hard to describe from their website what this Spacemesh code review is all about. A post on their page talks about the PoST consensus (more in a second) but the core seems to be that they expect to deliver scaling, security, decentralization (yes, all three) PLUS, wait for it, fairness and inclusiveness, and […] The post Spacemesh Code Review: PoST Consensus appeared first on Crypto Briefing. дальше »
2018-6-22 00:35 | |
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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It
All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name. дальше »
2018-6-15 23:31 | |
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On Radical Markets
Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect. дальше »
2018-7-21 04:03 | |
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