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Analyzing Token Sale Models

Time Stamp: February 20, 2024 1:29 PM - Modified On: February 20, 2024 - Published By:

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Note: I mention the names of various projects below only to compare and contrast their token sale mechanisms; this should NOT be taken as an endorsement or criticism of any specific project as a whole. It's entirely possible for any given project to be total trash as a whole and yet still have an awesome token sale model. The last few months have seen an increasing amount of innovation in token sale models. Two years ago, the space was simple: there were capped sales, which sold a fixed number of

Engineering Security Through Coordination Problems

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Time Stamp: February 20, 2024 1:18 PM - Modified On: February 20, 2024 - Published By:

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Republished By Plato

Recently, there was a small spat between the Core and Unlimited factions of the Bitcoin community, a spat which represents perhaps the fiftieth time the same theme was debated, but which is nonetheless interesting because of how it highlights a very subtle philosophical point about how blockchains work. ViaBTC, a mining pool that favors Unlimited, tweeted "hashpower is law", a usual talking point for the Unlimited side, which believes that miners have, and should have, a very large role in the governance of Bitcoin, the usual argument for this being

The promise and challenges of crypto + AI applications

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Time Stamp: January 31, 2024 4:49 AM - Modified On: January 31, 2024 - Published By:

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Republished By Plato

Author: Vitalik Buterin via the Vitalik Buterin Blog Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion. Many people over the years have asked me a similar question: what are the intersections between crypto and AI that I consider to be the most fruitful? It's a reasonable question: crypto and AI are the two main deep (software) technology trends of the past decade, and it just feels like there must be some kind of connection between the two. It's

Drawing Parallels

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Time Stamp: October 26, 2022 5:39 AM - Modified On: October 26, 2022 - Published By:

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Republished By Plato

For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

Drawing Parallels

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