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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


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Does Bitcoin Price Needs To Fall to $5000 Before Bear Market Is Over?

Bitcoin Mercantile Exchange (BitMEX) CEO Arthur Hayes says the Bitcoin price must still drop to $5000 before ending its 2018 bear market. Hayes: ‘I’d like To See Us Test $5000’ In comments which echo other prominent trading figures — such as Tone Vays — Hayes told CNBC yesterday that, despite prices rallying this week, sentiment will fizzle out and Bitcoin will continue falling lower. дальше »

2018-7-21 23:00


Sony announces limited edition ‘Amazing Red’ PS4 Pro bundle

Sony today announced a custom-edition PlayStation 4 that features a bright red exterior adorned with the logo of everyone’s favorite web-slinger. I’m not a fan of custom-edition consoles. I’d like to think that when I fork over upwards of $500 that the console I just bought is going to be, visually speaking, something I’ll have to live with for the next several years — until a new version takes its place. дальше »

2018-7-20 03:15


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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon

In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »

2018-7-17 20:00


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In my last article I answered some of the questions I often hear from family or friends who want to buy Bitcoin for the first time. I also recommended what I think is the easiest way to get started, Coinbase.

Today let’s have a look at two of the most popular follow-up questions I receive, usually in the minutes immediately after the Bitcoin purchase goes through. How can I buy some other coins?While Bitcoin is by far the most well-known and desired cryptocurrency, there are many other coins, known as Altcoins, out there these days. Some дальше »

2018-7-16 16:09


Is It Possible Or Is It Likely That Bitcoin Will Hit $20K, $50K Or Even $300K ?

Analyst and experts have one of the trickiest jobs in the world. In the cryptocurrency market, they have to let us know what they think or expect in the market over the coming weeks. After they share their thoughts, sometimes their intended message gets lost in the translation and when predictions go wrong, they are […] The post Is It Possible Or Is It Likely That Bitcoin Will Hit $20K, $50K Or Even $300K ? appeared first on ZyCrypto. дальше »

2018-7-15 10:45


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Academic expert says Google and Facebook’s AI researchers aren’t doing science

The field of artificial intelligence, to those on the outside, must appear to be an orderly gathering of intellectuals collaborating at the cutting edge of technology. It’s not. If you dig beyond the hyperbole of Elon Musk and the wonders promised by Google, there’s a number of gnashing dissenters who’re happy to toss shade at the entire industry. дальше »

2018-7-14 02:13


Think carefully before buying Bitcoin – and don’t buy the ‘safe haven’ claims

Lee Smales, University of Western Australia The sharp rise and subsequent fall in Bitcoin’s value places it among the greatest market bubbles in history. It has outpaced the 17th-century tulip mania, the South Sea bubble of 1720, and the more recent Japanese asset price and dot-com bubbles. The rapid price rise garnered attention from an […] дальше »

2018-7-13 23:17


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Facebook’s ‘trustworthy’ news is mostly Anderson Cooper and Fox News

Facebook this week unveiled the schedule for its funded news shows, and it could use a little diversity — the entire slate is dominated by two shows. I really hope you like Anderson Cooper and/or Fox News, because both of those combined take up a hefty portion of the schedule — Fox News in particular is on every single day of the week. дальше »

2018-7-12 20:11


India May Treat Cryptocurrencies as Commodities Rather Than Ban Them

India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don’t think the panel set up to look into digital currencies ‘is really thinking […] The post India May Treat Cryptocurrencies as Commodities Rather Than Ban Them appeared first on Coinjournal. дальше »

2018-7-13 16:53