Putting

Analyzing Token Sale Models

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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

A Note On Charity Through Marginal Price Discrimination

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Time Stamp: February 2, 2024 11:16 AM - Modified On: February 2, 2024 - Published By:
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Vitalik Buterin via the Vitalik Buterin Blog Updated 2018-07-28. See end note. The following is an interesting idea that I had two years ago that I personally believe has promise and could be easily implemented in the context of a blockchain ecosystem, though if desired it could certainly also be implemented with more traditional technologies (blockchains would help get the scheme network effects by putting the core logic on a more neutral platform). Suppose that you are a restaurant selling sandwiches, and you ordinarily sell sandwiches for $7.50. Why did

[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

[Mirror] Quadratic Arithmetic Programs: from Zero to Hero

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Time Stamp: February 2, 2024 10:41 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/quadratic-arithmetic-programs-from-zero-to-hero-f6d558cea649 There has been a lot of interest lately in the technology behind zk-SNARKs, and people are increasingly trying to demystify something that many have come to call "moon math" due to its perceived sheer indecipherable complexity. zk-SNARKs are indeed quite challenging to grasp, especially due to the sheer number of moving parts that need to come together for the whole thing to work, but if we break the technology down piece by piece then

Rogue Bunnies, Former Playmate Victoria Fuller and Others in Exciting Fun Packed NFT Launch

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Time Stamp: October 18, 2022 4:04 AM - Modified On: October 18, 2022 - Published By:
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Dateline: Los Angeles Ca 10th October 2022. Former Playmate Victoria Fuller (Miss January 1996) has assembled a collection of her former colleagues, all former Playmates to come together in a fun packed NFT Series which aims to bring to the “Virtual World” some of the fun, glitz and glamour of the “old days” Victoria Fuller, CEO Gatefold Labs in her own gallery with a collection of her own paintings “Being a Playboy Playmate was the ultimate in many a girl’s career modelling wise and brought with it a certain cache

Kashifu Inuwa: Putting NITDA on the Cusp of a Revolution

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Time Stamp: October 3, 2022 7:38 AM - Modified On: October 3, 2022 - Published By:
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Source: NITDA / National Information Technology Development Agency (NITDA), Federal Government of Nigeria The National Information Technology Development Agency (NITDA), the Federal Government Agency responsible for the development of the Information Technology sector in Nigeria. Written by Iklima Musa, Lagos, Nigeria 28/09/2022. LAGOS, NIGERIA, Sept 29, 2022 - (ACN Newswire) - Nothing offers a more reliable picture of a country's economic performance better than a periodic assessment of sectoral contribution to Gross Domestic Product (GDP). It's no less so in Nigeria where a report by the National Bureau of Statistics