Posts in category

Decentralization


Web 3.0 developer Blockstack has rolled out out a roadmap to decentralize its structure on Friday, announcing its plan to develop a number of entities that will collectively form a wider distributed community. Co-founders Ryan Shea and Muneeb Ali wrote in a blog post that the company wants to ensure that its corporate governance is …

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When Crypto Springs conference co-organizer Meltem Demirors took the stage on Wednesday, watermelon margarita in hand, her “nothing is decentralized” rallying cry drew thunderous applause. That may seem counterintuitive for a poolside gathering of cryptocurrency industry veterans in Palm Springs, California. But the tone distinguishing this event from the plethora of blockchain conferences was an …

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Facebook’s security protocols are once again under fire following a new security breach that affected over 50 million users. On Friday, September 28th, the social media giant announced that hackers had exploited a website feature that allowed the bad actors to log-in and access users’ data. The attackers exploited code associated with the “view as” function, granting …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. There’s a moment during almost every presentation I give on blockchain technology’s potential to address …

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This post was originally published here StellarX, a Stellar-based zero-fee decentralized crypto exchange has left its beta phase and was fully launched Friday, September 28. The launch was announced in a blog post by Interstellar, the company behind the platform. The exchange, originally announced in July this year, is based on Stellar’s (XLM) universal marketplace. …

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German political theorist Hannah Arendt famously made a statement which also applies to Bitcoin: the most radical revolutionaries will become conservatives the day after the revolution. Though this cryptocurrency revolution hasn’t even happened yet, we’re witnessing a dramatic shift which pushes away the anarchistic and boldly radical ideals of early bitcoinists. Now it’s become increasingly …

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Innovation is never easy. That said, sometimes it can be that much harder. Such was the case for crypto project Bancor this week, which saw its design decisions and strategy picked apart on social media as it sought to contain the damage from a multimillion-dollar hack. On Monday, the project announced its app was down for maintenance, and …

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A long-controversial bid to change bitcoin just got a big boost. Boasting the support of tenured developers, a non-profit foundation called PoWx launched this week with the goal of putting a more sophisticated wrapper on the idea to that proof-of-work (PoW), the way the network comes to agreement on which transactions are valid, could be replaced with …

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If the future is to bring an endless variety of cryptocurrencies and tokens, the world will need a wallet that can hold them all. Now, two of the most prominent startups in the sector are teaming up to entice developers to build just that. Announced Wednesday, decentralized internet startup Blockstack (through its venture capital fund, the Blockstack …

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Correction (16th April 5 p.m. EST): An earlier version of this article inaccurately reported that the $775k was drawn from a recently conducted SAFT sale. According to 0x, the funds were sourced from a SAFT sale conducted last year with investors. This article has been updated to amend the inaccurate information. Decentralized exchange protocol developer …

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Decentralized exchange protocol developer 0x raised $775,000 in just a few days through a Simple Agreement for Future Tokens (SAFT) sale, new filings show. A Form D filing with the U.S. Securities and Exchange Commission from April 3 reveals that 22 investors participated in the round. It is not immediately clear who backed the sale …

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The US National Security Agency (NSA) is reportedly able to locate senders and receivers of Bitcoin around the world, as classified documents provided by Edward Snowden reveal, The Intercept reports March 20. The sources used for this article were disclosed to The Intercept, a publication dedicated to ‘adversarial journalism’ founded by Glenn Greenwald, Laura Poitras, …

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Auditing firms have long kept businesses and financial institutions in check with thorough investigations of company accounts. The process ensures that everyone plays by the rules which protects both employees, investors and customers from being burned by dodgy accounting practices. In what is a big move for cryptocurrency and Blockchain technology, accounting giants PricewaterhouseCoopers will …

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In late January 2018, Streamity, a Singapore-based startup with Russian roots, released its cryptocurrency exchange app StreamDesk, which is able to exchange various currencies from user to user with no intermediary. The project is now working on creating the decentralized platform, which they claim, “will revolutionize the modern crypto exchange market.” Looking to the market At least …

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The Fire Lotto project, founded by Russian entrepreneurs in Cyprus, has launched an online lottery platform that is built on Ethereum smart contracts. Despite its relatively recent emersion on the online gambling market, Firelotto has already started four lottery games on its website and reported to Cointelegraph that initial guaranteed prize pool exceeds $1 mln. …

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In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please …

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Steve Bannon, the former aide to President Donald Trump and a firebrand of right-wing populist movements, is now touting the liberating potential of cryptocurrency and blockchain technology. Bannon alluded to both the financial and nonfinancial applications of blockchain, such as for managing personal data, on Tuesday at an event in Zurich sponsored by the Swiss …

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A Romanian startup has set out to build a specialized Blockchain-based fundraising platform for philanthropic organizations such as Unicef, Red Cross or Save The Children to improve speed and transparency of payments. Year-end launch planned GoHelpFund is harnessing Blockchain and smart contracts, both of which significantly enhance speed and security of payments when compared with …

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The startup that oversees development of the world’s third most-valuable cryptocurrency, XRP, is moving to upgrade the underlying technology on which it operates. Announced Wednesday, San Francisco-based startup Ripple is releasing two new white papers for peer review – one describing XRP‘s consensus algorithm in a more formal way and the other outlining a way to …

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The new major Bitcoin Core client version, released for public editing Feb. 15, includes full Segregated Witness (‘SegWit’) support for the first time, among a host of other upgrades. The description of Bitcoin Core 0.16.0 on Github promises “new features, various bugfixes and performance improvements” of which SegWit support is the conspicuous headliner. Demand for …

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