Silvio Micali – A Genius Which Will Stay in the Bottle

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 …

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Interesting Parts in CIA Leaks

Schneier wrote: 8,761 classified CIA documents […] 2012-2016 […]it sounds like this cache of documents wasn’t taken from the CIA and given to WikiLeaks for publication, but has been passed around the community for a while — and incidentally some part of the cache was passed to WikiLeaks. […]  extraordinary collection […] several hundred million lines …

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D-Day For Z.Cash

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 …

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Controversy Around Profitability of AltCoin Investment

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 …

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Bitcoin Block Reward Halving

In a few minutes, cf. countdown, the amount of bitcoins attributed to each block mined will be divided by 2 in one single step. A rare event which happens once approximately every 4 years. This is an artificial shock which is tolerated by the bitcoin community in the name of misplaced ideology that whatever was decided …

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DAO – Record Breaking Theft Worth 5OM$

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 …

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Comparison of R&D Expenses in Different Countries

We have heard about the CIA/NSA Uber Apple/Google/Facebook, food industry, rampant imperialism which emanates from a handful of countries… and how these forces corrupt politicians and business circles in many other countries. Well actually in many cases it is self-inflicted misery. In many cases it is politicians and business people who run these countries do not …

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