Hard

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

Hard Forks, Soft Forks, Defaults and Coercion

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Time Stamp: February 20, 2024 1:15 PM - Modified On: February 20, 2024 - Published By:

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Republished By Plato

One of the important arguments in the blockchain space is that of whether hard forks or soft forks are the preferred protocol upgrade mechanism. The basic difference between the two is that soft forks change the rules of a protocol by strictly reducing the set of transactions that is valid, so nodes following the old rules will still get on the new chain (provided that the majority of miners/validators implements the fork), whereas hard forks allow previously invalid transactions and blocks to become valid, so clients must upgrade their clients

[Mirror] Zk-SNARKs: Under the Hood

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Time Stamp: February 2, 2024 11:10 AM - Modified On: February 2, 2024 - Published By:

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Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/zk-snarks-under-the-hood-b33151a013f6 This is the third part of a series of articles explaining how the technology behind zk-SNARKs works; the previous articles on quadratic arithmetic programs and elliptic curve pairings are required reading, and this article will assume knowledge of both concepts. Basic knowledge of what zk-SNARKs are and what they do is also assumed. See also Christian Reitwiessner's article here for another technical introduction. In the previous articles, we introduced the quadratic arithmetic program, a

[Mirror] Exploring Elliptic Curve Pairings

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Time Stamp: February 2, 2024 11:01 AM - Modified On: February 2, 2024 - Published By:

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Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/exploring-elliptic-curve-pairings-c73c1864e627 Trigger warning: math. One of the key cryptographic primitives behind various constructions, including deterministic threshold signatures, zk-SNARKs and other simpler forms of zero-knowledge proofs is the elliptic curve pairing. Elliptic curve pairings (or "bilinear maps") are a recent addition to a 30-year-long history of using elliptic curves for cryptographic applications including encryption and digital signatures; pairings introduce a form of "encrypted multiplication", greatly expanding what elliptic curve-based protocols can do. The purpose of this

[Mirror] A Proof of Stake Design Philosophy

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Time Stamp: February 2, 2024 10:55 AM - Modified On: February 2, 2024 - Published By:

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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

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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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

Moonbeam, Diode Collaborate on Launch of DePIN Platform to Replace Traditional VPN, Web2 Products

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Time Stamp: January 30, 2024 12:56 PM - Modified On: January 30, 2024 - Published By:

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Diode chooses Moonbeam to deploy suite of blockchain solutions that align with Polkadot founder Gavin Woods’ original vision for Web3 [SINGAPORE] – Moonbeam Network, a smart contract platform for building cross-chain connected applications, today announced the launch of Diode’s secure and decentralized communications platform. Diode’s solution is part of a movement known as DePIN, or “decentralized physical infrastructure network,” where blockchain protocols operate real-world infrastructure in a decentralized manner. Providing a censorship-resistant alternative to traditional products like VPN, Slack or Microsoft OneDrive, Diode’s massively scalable platform helps to bring about

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

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Time Stamp: January 23, 2024 4:57 AM - Modified On: January 23, 2024 - Published By:

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HONG KONG, Jan 18, 2024 - (ACN Newswire) - Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles. Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability

MORNINGBASEBALL AND GAME ON MEDIA SOLUTIONS FORGE PARTNERSHIP TO REVOLUTIONIZE THE BASEBALL STREETWEAR INDUSTRY

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Time Stamp: November 6, 2023 2:32 PM - Modified On: November 6, 2023 - Published By:

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November 6th, 2023. Los Angeles, CA– MorningBaseball, a start-up baseball apparel company, has partnered with Game On Media Solutions (GOMS), an innovative media, content and sponsorship representation company, with the goal of transforming the baseball streetwear industry. MorningBaseball aims to inspire and motivate baseball players worldwide to achieve their dreams and conquer the challenges they face on their journey to the next level. One of the brand’s goals is to highlight and support athletes in prioritizing their mental and physical well-being and finding a healthy balance between their passion for

Ennova Holdings Launches Upgrade ‘TIER’ to Empower Africa’s Financial Future Through Blockchain Innovation

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Time Stamp: September 18, 2023 11:48 AM - Modified On: September 18, 2023 - Published By:

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Revolutionary Blockchain Initiative Seeks to Eradicate Financial Inequality in Africa Highlights: Financial Freedom Vision: Ennova Holdings 'TIER’ introduces blockchain solutions to empower Africa's unbanked population. Educational Empowerment: The organization prioritizes blockchain education for African and Asian youth, fostering economic growth. Innovative Payment Solutions: A multi-tiered app offers accessible, rewarding financial transactions, surpassing traditional remittance services. Global Inclusion: Future plans include a global credit rating agency for the unbanked, bridging international financial gaps. Cape Town, South Africa, 18th September 2023: Ennova Holdings, a forward-thinking organization committed to addressing financial inequality in

Bridging Real and Virtual Economies

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Time Stamp: July 11, 2023 3:41 PM - Modified On: July 11, 2023 - Published By:

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In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

[Mirror] Zk-SNARKs: Under the Hood

MORNINGBASEBALL AND GAME ON MEDIA SOLUTIONS FORGE PARTNERSHIP TO REVOLUTIONIZE THE BASEBALL STREETWEAR INDUSTRY

Bridging Real and Virtual Economies

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