If you read recent media reports about future of bitcoin, you wonder what is going on. For sure it is NOT clear which software or which blockchain we will be calling the “true” or “real” bitcoin in the future. Here is a selection of citations, all very recent, and all about the fork expected to …
In the recent crazy wave of ICOs we hear every day that investors should be warned and there are lots of scams or that it is unlikely that ICOs can deliver. So the question is how do you tell apart a “good ICO” from a bad one? It is a difficult question, but let us …
Silvio Micali, one of the most brilliant computer scientists on this planet has just re-invented democracy or blockchains or finance or law order and public authority and few other things, with his ALGORAND system. And some other brilliant crypto innovators are also doing the same thing: see DFINITY. Possibly this is what we really want, a …
Continue reading ‘Silvio Micali – A Genius Which Will Stay in the Bottle’ »
For the last few months Yahoo Finance have been promoting a criminal investment scam.They present it as if it was a legit company, while it is not hard to see that this is a scam run by some serial fraudsters. Shame on you, Yahoo Finance!
The return on investment = +233% in one year compared to +100% for bitcoin. More on this topic. We see that the year 2016 was dominated by Ethereum. The year 2017 could be the year of Z.Cash.
Privacy In Part 1 we covered why privacy is essential for widespread cryptocurrency adoption, and concluded that neither Bitcoin nor Ethereum, or even ZCash is suitable for the task we’re wanting to solve: anonymity with efficiency. (Also the bonus property of needing no trusted setup)! COOL THING 1: STEALTH ADDRESSES The benefits of using stealth …
Continue reading ‘Blockchain Privacy – Part 2: Stealth Addresses’ »
Today the first ever truly anonymous crypto currency ZEC went live. The full P2P client can be downloaded from here [Linux only for now]. The total number of ZEC coins will be only 21 million, like in bitcoin. Zerocash also reproduces few other unreasonable properties known from bitcoin: bizarre monetary policy with inelastic monetary supply and block halving every …
There is a considerable controversy around whether investing in a balanced basket of cryptocoins is a good idea. Two serious sources show that this sort of investment enjoys steady growth without a lot of downturns, cf. DLT10 Index and a recent detailed study which concentrates on a shorter period with excellent returns since Jan 2016 (cf. also …
Continue reading ‘Controversy Around Profitability of AltCoin Investment’ »
Tomorrow 20 July Ethereum are going to invalidate more than 50M$ worth of Ethereum stolen by some rogue hacker group. Congratulations to our community for this brave decision! Support for this decision must be shown by all honest citizens of crypto space by upgrading ASAP geth.exe and mist wallets to the new version, for example now, and …
Continue reading ‘Changing the Past of Ethereum – Not an Ordinary Divorce’ »
Some 50 millions of dollars have been stolen from DAO token holders (including myself). The DAO is by the way, claimed to be closing [Tual]. Closing or not, it remains a smart contract which should allow DAO holders to get some of their initial ethers back. Now can the thief spend his Ethers without being caught (for now locked until 14 …