Vitalik Buterin Releases Revolutionary New DAICO Model for ICOs

TheMerkle_Ethereum Vitalik ButerinVitalik Buterin, the creator of the Ethereum Network, recently proposed a new method for decentralized fundraising called the “DAICO”. Incorporating elements of Decentralized Autonomous Organizations, or DAOs, the new model is designed to minimize the complexity and risk associated with ICOs. Buterin outlined the new model in a post on the Ethereum Research Forum entitled “Explanation of DAICOs”. In the exposition, the Russian-Canadian programmer outlines a new model that integrates characteristics of DAOs into ICOs to create a new model he refers to as the “DAICO”. The post includes a diagram that breaks down the benefits of bringing DAO elements into an

Go to Source

Powered by WPeMatico

Cryptocurrency Valuations Have Created Very Wealthy Founders

Cryptocurrency Valuations Have Created Very Wealthy FoundersBitcoin has been on a tear for well over a year now, but a few other cryptocurrencies have increased in value far more than BTC. This past week the two digital assets ripple (XRP) and ethereum (ETH) have spiked in value exponentially, making the founders of these projects some of the wealthiest men in the […]

The post Cryptocurrency Valuations Have Created Very Wealthy Founders appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptocurrency Influencers Accused of Aiding Pump and Dumps

Cryptocurrency Influencers Accused of Aiding Pump and DumpsSocial media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures can send coins soaring via a single tweet, […]

The post Cryptocurrency Influencers Accused of Aiding Pump and Dumps appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico