Posts in category

Governance


If 2017 was a year when fundraising for decentralized protocols dominated headlines, 2018’s emerging narrative is about empowering investors. From fits and starts on ethereum’s transition to proof-of-stake to Tezos’ launch, governance has been one of the persistent conversations in crypto this year. But for all the promise, one long awaited approach to blockchain governance …

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EOS investors can’t say they weren’t warned. What was foretold in a March blog post by ethereum creator Vitalik Buterin may have come to pass on the world’s fifth largest blockchain, with a bout of vote buying drama rocking the $5 billion protocol over the weekend. That’s when a Twitter account named “Maple Leaf Capital” …

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This post was originally published here Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, …

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Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund, …

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Soon after closing a $5.5 million funding round, music-focused blockchain startup Audius is revealing just how its network will operate when it launches in roughly a year. As previously reported, the firm is creating a decentralized platform aimed at providing artists the ability to take back control of their intellectual property’s distribution, while connecting more …

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Governance is one of the hottest topics in crypto right now – and Decred developers’ take is that the community should decide. And, by way of the release of a communication tool called Politeia, they will soon be giving that community $20 million in DCR tokens to manage. Stepping back, Decred was built by a startup …

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Could you sneak a cat past the doges? That’s the idea behind a new game launched by Kleros, an ethereum-based startup that raised $2.5 million in the first round of its crypto token sale in July. Called “Doges on Trial,” the game is designed around the principle of crypto-economics: the theory that a properly designed system …

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Blockchain economics and governance design startup Prysm Group has added Nobel Prize laureate Oliver Hart and former Microsoft chief economist Preston McAfee to its senior advisory board. Prysm assists blockchain startups by providing “counsel in the complex economic fields of contract theory, market design, game theory and social choice. McAfee told CoinDesk that he was “excited” …

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Ethereum’s most polarizing debate is back – and, arguably, as complex as ever. Largely undiscussed since April, the question of whether the world’s second-largest blockchain would consider a system-wide software upgrade as a way to return $239 million lost due to a mishap at a major startup resurfaced with a new round of infighting among stakeholders …

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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. Blockchain governance is hard. That’s the only reliable conclusion to draw from the chaotic, contentious rollout …

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“They have to figure their own shit out.” Those were the harsh words of one of EOS’ top “block producers” – the network participants in charge of maintaining the blockchain – on Monday as the world’s fifth largest cryptocurrency attracted public ridicule for its current state of confusion. As told to CoinDesk by Kevin Rose, co-founder and …

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Taylor Pearson is the author of “The End of Jobs” and writes about entrepreneurship and blockchain technologies at TaylorPearson.me. Following acrimonious debates within the bitcoin and ethereum communities over the past few years regarding governance decisions that ended in forks, there has been a wave of projects offering on-chain governance. This is a system for deciding …

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In an effort to stop several thefts, seven accounts of the EOS blockchain were frozen on June 16. At face value, many will see this move by the 21 block producers (BPs) in charge of validating transactions on the newly live blockchain as a success in stopping malicious actors from bilking several users out of …

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Visit any EOS Telegram channel and some version of this question will pop up again and again: Is the mainnet live yet? While the EOS blockchain technically launched on June 10 at 13:00 UTC, the answer to that question is effectively no. That’s because the crypto tokens created by Block.one’s $4 billion EOS initial coin …

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Paul Brody is the global innovation blockchain Leader at EY. When we sit down inside of EY and discuss what the biggest risks are to the future of the blockchain industry, one topic that comes up again and again is the high rate at which key blockchains are forking and the possibility that future forks will …

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Primavera De Filippi is a permanent researcher at the CERSA/CNRS/Université Paris II, a faculty associate at the Berkman-Klein Center for Internet & Society at Harvard Law School, the “alchemist” for DAOstack and a co-author of “Blockchain and the Law.” A blockchain network is a complex system that involves a variety of actors that cannot be trusted. Its …

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In a unanimous vote Tuesday, the city council of Berkeley, Calif., took a step towards approving the issue of a blockchain-based “microbond.” Ben Bartlett, the vice mayor and council member who spearheaded the initiative, told CoinDesk by phone on Thursday: “It’s happening. We passed it.” But the actual decision taken by the vote is a …

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Put enough heads together and you might just solve governance. At least, that was the idea behind a private, two-day meeting of top researchers, who met in Toronto this week to discuss how decisions should be made on ethereum, the world’s second most valuable blockchain network. Named “EIP:0,” a nod to the platform’s process for accepting …

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As ethereum, now the world’s second most valuable blockchain, grows larger and more diverse, it’s becoming clear its mechanisms for getting input from its constituency are proving problematic. Indeed, a series of proposals targeted at controversial topics – lost fund recovery, the ether supply rate and the emergence of new mining hardware – have sparked …

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Who has the authority to change a public blockchain? It’s a question that has been in the minds of top cryptocurrency developers as the many available networks struggle to serve their diverse, often conflicting stakeholders. But that’s not to say there aren’t norms and best practices – the ability to make and enforce software changes …

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