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[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

SCCG Partners with Wagyu Games: Unleashing Kill-to-Earn Blockchain Gaming with Flagship Product, Undead Blocks

LAS VEGAS, NV – SCCG Management, a prominent gambling advisory firm well-known for its significant involvement in esports and blockchain gaming, is excited to announce a new strategic partnership with Wagyu Games. As the industry leader in Kill-to-Earn gaming and the innovative creator of the blockchain-based game, Undead Blocks, Wagyu Games has positioned itself at the forefront of gaming technology. This collaboration with SCCG Management will focus on raising capital and strengthening the business development and distribution strategies for Wagyu Games' flagship product, Undead Blocks. By merging SCCG's strategic business

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

How Much Does Flutter App Development Cost

Developing a mobile app on flutter is not the cheapest solution, just like any other mobile app development. A Flutter App would cost something from $15,000 to $300,000. Many variables depend on the application and its features. However, Let us try to break down all the elements of a Flutter App. So you can see those elements, compare them to your application, and estimate your Flutter App total cost. Are you ready? Flutter Apps Cost Elements The total cost of the Flutter App is the total cost your businesses carry

Bitcoin Batteries

In the late 19th Century, a war of great minds was waged in the US between Nikola Tesla and Thomas Edison that would shape the way electricity was delivered throughout the world. Edison proposed using direct current (DC), whereas Tesla favored alternating current (AC), proving that it was far more efficient. Their battle was more than just competing ideologies, it was also a fight between commerce and banks. Edison was backed by J.P.Morgan, the most powerful banker in the US, whereas Tesla was backed by entrepreneur George Westinghouse Jr. Dirty