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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


Penn Study: 4 In 5 Leading ICOs Don’t Keep Promises and May Contain Backdoors

According to new research findings from the University of Pennsylvania, many ICOs are taking their investors’ trust for granted. Not only do ICO developers seem to not implement promised features, the investment market as a whole seems to be optimal for ICOs that can be modified at any time. The researchers dug deep into code […] дальше »

2018-7-21 06:25


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World’s First Legal Literature on ICOs Calls Out Fundraising Method

A University of Pennsylvania legal research report concluded Initial Coin Offerings (ICOs) have mostly “failed” to reflect on their contractual promises as described in their whitepapers. ICO Projects a Far-Fetched Endeavour Titled “Coin-Operated Capitalism,” the paper was released on July 17, 2018, and aims to explore ICOs as a legitimate option of fundraising. дальше »

2018-7-20 19:00


Academic Research Reveal Most ICOs are not Decentralized, Ignore their Whitepapers

The University of Pennsylvania law school in its recent report said that most initial coin offerings (ICOs) to provide adequate security against insider trading or stick to their white paper promises A Recurring Decimal Its stale news that bad actors have always taken advantage of the largely unregulated nature of the crypto space to conduct […] The post Academic Research Reveal Most ICOs are not Decentralized, Ignore their Whitepapers appeared first on ZyCrypto. дальше »

2018-7-19 18:19


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UPenn Law: Majority of ICOs Break Whitepaper Promises, Retain Centralization

Initial Coin Offerings (ICOs)–ICOs continue to make headlines along the academic circuit, and not in a positive light. On Tuesday, a new report from the University of Pennsylvania Law School revealed that in addition to breaking whitepaper promises, the majority of ICOs were guilty of retaining centralization in their issued currencies, thereby violating one of […] The post UPenn Law: Majority of ICOs Break Whitepaper Promises, Retain Centralization appeared first on Ethereum World News. дальше »

2018-7-19 03:57


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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


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SEC shuts down a Bitcoin Miner Scam originating from a Kodak Licensee

Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. The Kodak miner was, however, put under scrutiny and dismissed outright as a scam by people like The Bitcoin Standard author Saifedean Ammous. Mikail explained that the United States’ Securities дальше »

2018-7-18 09:42


NKB Group Talks Blockchain Proof of Concept (PoC) For Fortune 500 Company Pilots

Proof of Concept (PoC): Pilots For Business From Blockchain Blockchain technology promises to revolutionize the world when it comes to digital platforms. First, with its proposal of a world without institutions it captivated a majority of individuals that is disappointed enough in how things have been handled over time. Second, it has blown the plugs […] дальше »

2018-7-13 23:23