NEWS
Vitalik: Ethereum apps are being 'Screwed' by scaling
At the Deconomy conference in Seoul, South Korea, on Wednesday, ethereum creator Vitalik Buterin scrapped a plan to discuss his 12-month vision for the world's second-largest blockchain, opting for a more general discussion on blockchain and its potential.
South Korean capital Seoul mulls ‘S-Coin’ tokens and Blockchain-based government
Now, as the frenzy around cryptocurrency prices recedes (Bitcoin is around $7350 right now, down from a high of almost $20,000 last December), the country is starting to consider the more utilitarian aspects of blockchain that might not immediately lead to riches.
TPL — A framework for secure peer-to-peer exchange
TPL (Transaction Permission Layer) is a first step in this direction, providing a self-regulatory framework to support formal decentralized economies while preserving users’ freedom to innovate.
Aragon Core v0.5 — ”The Architect” release
This is the first release powered by aragonOS. The new smart contract operating system for protocols and DApps. Thanks to aragonOS, Aragon Core v0.5 is the most powerful way to create and manage any type of decentralized organizations.
Google bans all cryptomining extensions from the Chrome Store
It's been about six months since cryptojacking exploded, and in that short time the approach has evolved and adapted to initiate illicit cryptocurrency mining in all different ways. Now, Google's taking a stand, announcing Monday that it would begin blocking any Chrome extension submitted to the Web Store that mines cryptocurrency. In July, it will remove existing extensions that currently contain mining functionality.
Foxconn will make the world's first blockchain smartphone
A subsidiary of Foxconn has agreed to help develop and produce a blockchain phone from Sirin Labs, according to the startup. The new device, called the Finney, is designed to help owners securely store and use digital coins such as Bitcoin, as well as related services.
FEED
Governance in 0x protocol
My goal for this post is to help readers understand how the ZRX token allows stakeholders to securely upgrade 0x protocol without downtime or disruption to markets and why governance is critical when building public financial infrastructure on top of a rapidly evolving tech stack.
Vitalik on governance: Plutocracy
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
The limits of crypto-economic governance
Vitalik recently made claims that Delegated Proof of Stake (DPOS) results in rule by plutocracy (government by the wealthy). He then goes on to argue for governance by cryptoeconomics, the use of economic incentives and cryptography to govern.
Is the war against ASICs worth fighting?
All cryptocurrency developers who build public proof-of-work blockchains have to face the same challenge: Bitmain, a China-based chipmaker with a monopoly over ASIC miner manufacturing. Bitmain’s dominance over hash power and enormous influence is dangerous for peer-to-peer networks. It makes protocols vulnerable to censorship and rule-changes dictated by a single central authority, upsetting the checks and balances between the various stakeholders.
The five keys to crypto evolution
Let’s take a look at five essential changes that will make decentralized cryptos unstoppable.
BLOCKCHAIN FOR NEWBIES
Disaggregation theory: where does value accrue in the decentralized web?
In Internet 3.0 and the demise of state aggregators, I suggested that because blockchains can capture state (user data) at the protocol level, state aggregators like Facebook would lose their moat, creating an opportunity for decentralized competitors. If we define Internet 2.0 as the widespread disruption caused by aggregation of state, then Internet 3.0 will be defined by the widespread disruption caused by moving state aggregation to the protocol level.
In the future Blockchain will solve most real-world problems -- even arbitration
Imagine an eBay without the eBay, a co-operative owned by the users that doesn’t need customer support because it just does one thing and doesn’t require a middleman.
What is Ethereum gas: Step-by-step guide
Every single operation that takes part in Ethereum, be it a simple transaction, or a smart contract, or even an ICO takes some amount of gas. Gas is what is used to calculate the amount of fees that need to be paid to the network in order to execute an operation.
The best tools for smart contract development (part 2)
This setup is very close to the previous one. The difference is to deploy the contract on a private Ethereum blockchain running on localhost instead of using TestRPC.
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