Moon

[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

[Mirror] Quadratic Arithmetic Programs: from Zero to Hero

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/quadratic-arithmetic-programs-from-zero-to-hero-f6d558cea649 There has been a lot of interest lately in the technology behind zk-SNARKs, and people are increasingly trying to demystify something that many have come to call "moon math" due to its perceived sheer indecipherable complexity. zk-SNARKs are indeed quite challenging to grasp, especially due to the sheer number of moving parts that need to come together for the whole thing to work, but if we break the technology down piece by piece then

Blockchain Moon acquires DLTx ASA

A year after its initial public offering, a Jacksonville-based blank check company formed to seek acquisitions has found its target. Blockchain Moon Acquisition Corp. announced an agreement Oct. 15 to acquire DLTx ASA, an Oslo, Norway-based company developing blockchain technology. As its name implies, Blockchain Moon was formed to find businesses in that industry. “DLTx is a tech company run by decentralists who believe in the new economy that is powered by cryptographic digital assets. The DLTx team has been at the forefront of developing and launching of several of

DLTx ASA and Blockchain Moon Acquisition Corp. Announce Business Combination

Blockchain Moon Acquisition Corp. (NASDAQ: BMAQ) has entered into a business combination agreement to acquire substantially all of the assets of DLTx ASA (OSX: DLTX) including all Web 3 infrastructure assets. DLTx builds the infrastructure for Web 3 globally, including decentralized Cloud Computing, Green Bitcoin Mining, and Decentralized Data Relay Services; DLTx builds the infrastructure for Web 3 globally, including decentralized Cloud Computing, Green Bitcoin Mining, and Decentralized Data Relay Services; Transaction will enable further investment in DLTx’s Web 3 infrastructure and portfolio, accelerating the Company’s mission of being a

DLTx Invests in Blockchain Moon Acquisition Corp.

DLTx has completed an investment in Blockchain Moon Acquisition Corp, a company incorporated under the laws of Delaware. As communicated in the Q2 report, DLTx was one of the early investors in a SPAC (Special-purpose Acquisition Company) focusing on distributed ledger technologies. DLTx invested $653,350 USD in Blockchain Moon Acquisition Corp. through Jupiter Sponsor LLC, a company which we hold the units of BMAC through. The investment equates to 406,500 shares at the initial public offering (IPO). In the IPO, shares will be valued at $10 USD each. Of the

Blockchain Moon Acquisition Corp. appoints John P. Hopkins and Carl J. Johnson as new Independent Directors

Jacksonville, FL, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Blockchain Moon Acquisition Corp. (“BMAC”)  (Nasdaq: BMAQ) announces that on September 14, 2022, John P. Hopkins and Carl J. Johnson were appointed to the board of directors as new independent board members.  “We are excited to have two extremely experienced board members added to the board as independent directors. Their backgrounds as executive directors, officers, and advisors come at a great benefit to the stockholders of Blockchain Moon Acquisition Corp.,” commented Enzo Villani, Chairman, and CEO of BMAC. Mr. Hopkins has 40 years of experience in accounting, finance

Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come

Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis. The highlighted downtrend has been led by large cap cryptos. Over the last seven days, all the top 10 coins have shed value in the 14%-20% bracket, with Ethereum being no exception. Financial astrology During

MANA to the moon; bull pennant presents massive breakout opportunity

Decentraland’s native token MANA took shape within a bull pennant and projected a massive surge from the pattern. Possibly buoyed by Facebook’s rebranding to “Meta,”  Ethereum-based MANA allows users to buy virtual plots of land, who then have the freedom to monetize the plots as they see fit. On the charts, MANA embarked on a near 600% upwards run to an ATH of $4.9 on October 27. Should bulls capitalize on this opportunity, MANA would set its sight at $9-mark and above. MANA 4-hour Chart Source: MANA/USD, TradingView Consecutive lower

1INCH Explodes Over 100% As Crypto Exchange Upbit Announces Listing

1INCH has exploded over 100% in price following an announcement from Korean crypto exchange Upbit that it would be launching support for the altcoin. At the time of writing, 1INCH is trading at $5.59, up 35% in the last 24 hours according to CoinMarketCap. However, at one point, 1INCH had reached as far as $8.65 after running all the way up from $4.11 for a 110% rally. 1inch is a decentralized exchange aggregator (DEX) that uses an algorithm to help users find the best possible trading prices for tokens. Rather

Blockchain Moon Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

The units will be listed on The Nasdaq Global Market and trade under the ticker symbol “BMAQU” New York, NY, Oct. 18, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) Blockchain Moon Acquisition Corp.(“Blockchain”) announced today the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit.  The units will be listed on The Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “BMAQU” beginning on October 19, 2021. Each unit consists of one share of common stock, one redeemable warrant to purchase one-half share of

Institutional investors — the future of crypto is in their hands. Or is it not?

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and