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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

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

AUC Coins to be Added as a Payment Method for Retail in South Africa Key Highlights: Advanced Project's TIER platform enables direct AUC Coin payments at South African retailers. TIER facilitates payments for goods, services, and even municipal bills, creating a holistic ecosystem for AUC Coin usage. Africa leads the way and Advanced Project's success in South Africa serves as a beacon for wider digital asset adoption across the continent. Cape Town, South Africa – January 2024 – Advanced Project, a leading force in African blockchain innovation, is taking a

NEWHD, New York, Where Rock Lives, to Honor Veterans with a 21 Hour Classic Rock Salute.

NEWHD, New York, November 8, 2023- NEWHD, New York's premier rock radio station, is set to pay tribute to our nation's veterans with a remarkable event - a 21 Hour Classic Rock Salute, hosted by the renowned Rock Chap Bill Wade. This special program will exclusively feature classic rock hits cherished by veterans, accompanied by essential information from the Veterans Administration, including crucial insights on Suicide Prevention. Zach Martin, the Founder of NEWHD, emphasizes the significance of tangible support for veterans, stating, "Veterans need to be supported by actions and

InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

FAMED PHOTOGRAPHER DAVID CHRISTOPHER LEE TO GIVE AWAY NFTS OF ICONIC PHOTOS OVER THE MONTH OF JUNE

One of the NFT Giveaways Will be a Photography Portrait of Kim Kardashian Los Angeles, June 8th, 2023 - Celebrity photographer David Christopher Lee announced giveaways of several iconic photos turned NFTs over the month of June - including one of Kim Kardashian. This NFT giveaway is part of the launch of Illuminate Art, an executive talent management service for experienced artists who understand the significance of having a digital presence and virtual community. “Increasing access to art and finding innovative ways to engage with a virtual community were driving

David Christopher Lee To Sell NFT Celebrity Portraits of Snoop Dogg and Lady Gaga, Which Will Be Linked to Exclusive Interactive Opportunities

Lee’s Celebrity Portraits Will Kick Off the Launch of Illuminate, A Digital NFT Agency and Platform for Experienced Artists  June 1st, Los Angeles - Renowned photographer David Christopher Lee announced the sale of celebrity portraits of Lady Gaga and Snoop Dogg as digital collectibles on the newly launched Illuminate.art. Collectors will be able to purchase these NFTs on June 1st through Illuminate.art’s user-friendly platform, which accepts credit card or cryptocurrency. Throughout the month of June, David Christopher Lee will be partnering with Illuminate.art to sell other celebrity portraits as NFTs.

These are the new cryptocurrencies to keep an eye on in 2022

As cryptocurrencies become more mainstream, new cryptocurrencies are popping up on the market every day. 2021 has already been an extremely successful year for cryptocurrencies and once again proved that they are not a dream bubble to be laughed at. There are currently a lot of new cryptocurrencies that are on their way onto the market. Which ones were really worth investing in? Of course, you can only find out about this and more from us. 1. Lucky Block (LBLOCK) Lucky Block could almost be described as an unlicensed casino

XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry

PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services. Whilst aiming to challenge existing technology such as Klarna, ClearPay/AfterPay. This will allow consumers to be able to ‘buy now, pay later’ which is an almost first in the entire crypto industry. The XRPayNet app currently under development promises just that, a world class

This Country is promoting Crypto businesses, but here is the Catch

The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining