Posts

[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

GroundUp Studios Launches in Hong Kong to Re-imagine Music & Art in Web3

Music label to establish a borderless community for web3 enthusiasts, musicians and artists to connect, socialize and collaborate on extraordinary multimedia art projects Use of blockchain and NFT technology unleashes artistic creativity; more equitable compensation for artists; and new opportunities in music distribution, licensing Core management team led by award-winning songwriter, recording artist and brand marketing veteran Adrian Fu, alongside seasoned professionals in entertainment, brand partnerships, technology infrastructure and fintech NFT membership access pass planned within 1H 2023 HONG KONG, May 11, 2023 - (ACN Newswire) – GroundUp Studios, a

Crypto Market Trends – BUSD Launched a Crypto Recovery Fund

2023-4-6 The price volatility that has been experienced in the crypto sector since 2022 has shown the need for stablecoin issuers to hedge against their cryptocurrencies to avert potential disastrous eventualities such as implosions. Still, the market has a clear memory of the impact of the Terra USD crash on the crypto market in particular and the digital sector in general. This article discusses Binance’s initiative to introduce a recovery fund for its stablecoin Binance USD (BUSD). Binance to convert the recovery fund into a few cryptocurrencies Recently, Binance announced

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper. Front page of the New York Tribune dated Sunday, December 4, 1921. Source: Library of CongressBitcoin as an energy currencyOn Dec. 4, 1921, the New York Tribune published an article outlining Ford’s vision of replacing gold with an energy currency that he believed could break the banking elites’ grip on

Dallas Mavericks Announce Rewards for Using Dogecoin to Buy Merch

Dallas Mavericks owner Mark Cuban continues to support Dogecoin (DOGE) by announcing rewards for those spending the meme coin on merchandise. Sponsored Sponsored The team was the first in the league to accept Dogecoin payments for both merchandise and ticket sales. Now, Cuban wants to further grow the number of sales from DOGE by adding incentives to the program.  The Mavs Cryptomania program gives fans cashback for purchases made with Dogecoin on the official Maverick’s online merchandise shop. The program will run from Aug 13 until Sept 20. Fans can earn

12 Days of Coinigy Christmas Sale

Take 25% off your Coinigy Subscription! Happy Holidays from the Coinigy team! 2020 has been a year like none other so we have a gift for you - enjoy 25% off annual Coinigy subscriptions when you use promo code 'CoinigyChristmas' at checkout.This deal is open to all of our amazing users and is valid through the end of the year. At the moment, this code can only be used by customers paying with credit card or PayPal. This code can only be used for annual subscriptions (not including developer plans