Bitcoin Network Saturation

Almost exactly 3 years after this, bitcoin network went down to less than 50% dominance, and has nearly lost its capacity to process payments normally. Bitcoin in Crisis This can be seen on the following graph for the last 12 months. The curve does not go down to zero anymore. It can no longer keep with …

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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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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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Extended Deadline – Blockchain Research Competition – Blockchain Student Paper Competition – Cash Prizes, Job Openings

We encourage students and young researchers to submit their paper or their thesis work to our research competition.   Submissions are extended until 31 October. Cash prizes will be awarded and winners will be invited to present their work at an international blockchain conference. More details here and here and here and here is the submission link (some older and recent …

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Changing the Past of Ethereum – Not an Ordinary Divorce

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 …

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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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