Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Autopsy of Bitconnect: Ponzi, Centralization, GovernancePonzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie […]

The post Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cornell Researchers: Bitcoin Not as Decentralized as Assumed

Cornell Univ. Researchers: Bitcoin Not as Decentralized as AssumedCornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block […]

The post Cornell Researchers: Bitcoin Not as Decentralized as Assumed appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

What Is Golem?

There are many blockchain-based projects in development which have the potential to transform certain aspects of our daily lives. The Golem project, for example, certainly has a lot of merit. Creating a global decentralized supercomputer is not an easy feat, though. So far, the team has made some big progress toward bringing this project to market, but there is still a long way to go. Now is a good time to see what Golem is really all about. A Brief Overview of the Golem Project People who have been keeping an eye on technological developments as of late may have noticed how

Go to Source

Powered by WPeMatico