singular

[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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Republished By Plato

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

Minting Milestones and Multi-pass Usage

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Time Stamp: August 30, 2022 1:09 PM - Modified On: August 30, 2022 - Published By:
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Republished By Plato

Author: Half BAYCD During this Sunday’s Smoke Sesh we passed the 40% minted mark, just 3 weeks after launch on 8/8. We’re very grateful and appreciative of the community we’re creating and we wouldn’t be able to do this project without you. On Sunday we announced the ability to use more than one pass per asset — when we initially launched the project the requirement was 1 pass = 1 asset license, this has now changed. The new model of stacking passes both increases your ability to exploit your asset’s