The spotlight on the distributed ledger space to-date is primarily focused on blockchain . Yet, blockchains come with limitations by design. Consensus mechanisms using proof of work (POW) are by their nature slow, so the community can come to agreement and throw away the blocks they don’t agree on. This design also includes inherent inefficiencies […]
Category: blockchains
Clever Ethereum honeypot lets coins come in but won’t let them back out
An interesting new Ethereum-based honeypot has been discovered that essentially allows hackers to steal from hackers. The honeypot is detailed on Reddit. A user was hunting for examples of contracts that exhibited possible were susceptible to a “reentrancy attack.” It’s a bit complex but at its core the attack lets you concurrently request your money out of a smart contract… Read More
Blockchain engineers are in demand
Demand is off the charts for blockchain talent, and the capital is waiting to back it up. Over $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 jobs openings for every single blockchain developer. And as Nick Szabo, the developer who coined “smart contracts”… Read More
Lino is launching to be a crypto YouTube with $20 million from China’s most famous seed investor
YouTube on the blockchain is one of the holy grails of the crypto community. The new generation of video artists and their audience seem tailor-made for a blockchain-based distribution and restitution system — one that depends on micro-payments and digitally secured provenance. It’d also be a system that could get creators out from under the yoke of YouTube, Snap, and Facebook… Read More
PSA: No India hasn’t banned Bitcoin — but it’s still talking tough on crypto
Reports of the death of Bitcoin in India have been greatly exaggerated. Read More
View More PSA: No India hasn’t banned Bitcoin — but it’s still talking tough on cryptoHow to price cryptocurrencies
Predicting cryptocurrency prices is a fool’s game yet this fool is about to try. The drivers of a single cryptocurrency’s value are currently too varied and vague to make assessments based on any one point. News is trending up on Bitcoin? Maybe there’s a hack or an API failure that is driving it down at the same time. Ethereum looking sluggish? Who knows: maybe someone will… Read More
Telegram plans multi-billion dollar ICO for chat cryptocurrency
Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the… Read More
Designing blockchains for a frictionless world
Every enthusiast in the crypto and blockchain space that has “seen the light” believes in a future that is collaborative, transparent and frictionless. Peer-to-peer and trustless technology will lead us to a decentralized utopia of equality and inclusion. While the ideals are noble, the decentralized world has some problems that still need solving. Read More
This company will self-destruct after its ICO
Two opposing fears are holding back the move to token-networks: a fear of the absence of governance on one side and a fear of regulation on the other.
There is, however, a solution to both of these contradictory concerns when it comes to company …
Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain
Want to increase company value on the open market? Just change your name to something blockchain. At least, that worked for the Long Island Iced Tea Corp after changing its name to Long Blockchain Corp. In what is the most 2017 thing ever, company shares soared by as much as 500 percent in pre-market trading this morning after the company announced the name change, settling back to about a… Read More
The future of source code security is consensus-based
The security landscape is ever-changing. It is the most non-constant industry on the planet. New threats appear and new solutions are built to squash them. Rinse, repeat. It’s a never-ending cycle in what seems like no end in sight. What’s the promised land? Can we ever reach an end-state where all software running across the world is secure and 100 percent free of breaches? Read More
Overstock’s CEO launches new trading platform and token, tZero
Few mainstream business leaders have taken to the blockchain quite like Patrick Byrne. The founder of Overstock.com has been accepting Bitcoin since 2014 and has been talking about disrupting the payments world with transparent, low-cost, and san…
View More Overstock’s CEO launches new trading platform and token, tZero