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Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as ETH and BTC is a matter of some debate, what’s indisputable is that […]
The post Five of the Most Important Use Cases for Cryptocurrency appeared first on Bitcoin News.
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It’s not just blockchains that have to reach consensus: the people using them also need to be in agreement. Otherwise, chain splits occur, as has happened to Bitcoin 47 times and counting. Blockchain governance has traditionally been dull, involving primitive voting systems and low participation. But as projects like Aragon and Kleros are starting to […]
The post How Crowd Power and Carrots Are Redefining Blockchain Governance appeared first on Bitcoin News.
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Decentralized cryptocurrency exchange Bisq has upgraded its open source software. The revamped platform includes a new user interface in addition to marking the launch of the Bisq Decentralized Autonomous Organization (DAO) on testnet. Also Read: Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy Bisq Launches Decentralized Autonomous Organization on Testnet The latest version of Bisq’s […]
The post Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance appeared first on Bitcoin News.
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The following opinion piece on Holacracy was written by Max Borders, director of Social Evolution and author of The Social Singularity. Imagine turning on your mobile device one morning to find only two apps: Red and Blue. It’s bad enough that these are the only two choices. Only one works at a time–and not very […]
The post Holacracy: Governance in an Age of Innovation and Subversion appeared first on Bitcoin News.
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An Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national cryptocurrency. Also read: Bitcoin Cash […]
The post Venezuela’s Petro Copied Dash, Claims Ethereum Developer appeared first on Bitcoin News.
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A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders. Getting nodes to achieve consensus is easy compared to the difficulty of getting humans to achieve consensus. The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. […]
The post Why Governance is the Greatest Problem That Blockchains Must Solve appeared first on Bitcoin News.
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Does the market have room for two thriving DApp platforms? Ethereum and EOS represent two distinct approaches to carrying out smart contracts and supporting more than 1,500 DApps. Ethereum holds an advantage as the first native DApp platform, but EOS is proposing a much faster consensus model. Is there going to be one clear winner and loser, or does the marketplace have room to support both platforms thanks to their different strengths? There’s reason to believe both platforms can be successful; however, both have their work cut out for them. A Brief Comparison Ethereum has already established itself as the most popularPowered by WPeMatico
EOS promises a fast, fee-less platform for decentralized applications via the blockchain, but it needs a great deal of participation from token holders to be a success. As a more centralized project in which twenty-one voted-in supernodes confirm transactions, voting is key to keeping block producers accountable and successful in supporting the large volume expected to roll out on EOS. “As we move toward an open-source society, what will distinguish ourselves from one another will be our politics and our systems of governance. In EOS, there are three factions of governance: the Block Producer, Arbitration, and the Token Holder. ThePowered by WPeMatico
Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US […]
The post Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance appeared first on Bitcoin News.
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Welcome to Bitcoin in Brief, a new feature debuting today. Breaking stories, crypto drama, exchange updates, and other talking points from the fast-paced cryptocurrency world can all be found in this daily roundup. Bitcoin in Brief is for everyone who’s long on bitcoin but short on time. Also read: Chinese Engineer Arrested for Stealing 100 Bitcoin […]
The post Bitcoin in Brief: Blockchain Wars and a Sleuth of Bears appeared first on Bitcoin News.
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