reason

Hard Forks, Soft Forks, Defaults and Coercion

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Time Stamp: February 20, 2024 1:15 PM - Modified On: February 20, 2024 - Published By:
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Republished By Plato

One of the important arguments in the blockchain space is that of whether hard forks or soft forks are the preferred protocol upgrade mechanism. The basic difference between the two is that soft forks change the rules of a protocol by strictly reducing the set of transactions that is valid, so nodes following the old rules will still get on the new chain (provided that the majority of miners/validators implements the fork), whereas hard forks allow previously invalid transactions and blocks to become valid, so clients must upgrade their clients

[Mirror] A Proof of Stake Design Philosophy

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Time Stamp: February 2, 2024 10:55 AM - Modified On: February 2, 2024 - Published By:
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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

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Time Stamp: February 2, 2024 10:43 AM - Modified On: February 2, 2024 - Published By:
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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

The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:09 AM - Modified On: September 26, 2023 - Published By:
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In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

The AI Model to Combat Technology Biases in the Near Future

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Time Stamp: May 2, 2023 11:42 AM - Modified On: May 3, 2023 - Published By:
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Machines are incessantly getting smarter through the use of NLP, or natural language processing; however, there’s a flipside to that as well, where the convenience of AI-powered models, be they chatbots, virtual assistants, or content creation tools, cannot be ruled out altogether. Why should one feel that way? Well, most of the AI models have a biased approach to problem solving. However, with the help of TruthGPT, the future may offer some light on the capabilities of biased AI models, despite their ability to sow social discontent, promote cultural differences, and create

GBA Business Confidence Index increment on record high

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Time Stamp: April 17, 2023 7:26 AM - Modified On: April 17, 2023 - Published By:
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Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

What payment method is Zimpler at online casinos?

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Time Stamp: December 8, 2022 2:16 PM - Modified On: February 26, 2024 - Published By:
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There is a new payment method for online casinos almost every year. In recent years, for example, Bitcoin, Brite and Zimpler have become popular in the online casinos favored by Finnish players. New payment methods bring benefits to either the player or the casino, or both. For the casino, a new payment method can mean, for example, lower transaction or monthly costs, and for the player, the new method can simply be easier to use than the old methods.   Zimpler no longer works with an invoice Zimpler is a

Budgets and Black Holes

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Time Stamp: October 4, 2022 3:21 AM - Modified On: October 4, 2022 - Published By:
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During our most recent Twitter Space Town Hall we were asked about our marketing plan. It’s a question that comes up regularly so we thought we’d cover it in a bit more detail, explaining what we’re doing and why we’ve chosen our current approach. Most of the time people are interested in our marketing plan for the same reason they’re interested in our exchange listing plan, speculation. It’s generally assumed that spending money on marketing will attract new users and this will increase the value of a project’s tokens. In

Bitsoft360 – the quality auto trading platform for cryptos

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Time Stamp: September 23, 2022 5:45 AM - Modified On: September 23, 2022 - Published By:
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Have you ever wondered which auto trading platform is the best for auto trading right now? What features of a high-quality platform provide excellent opportunities for profit in the volatile crypto market? One such platform has attracted huge attention from motivated crypto traders is the famous Bitsoft360 platform. Thanks to it, more than 520,000 active users worldwide have excellent trading opportunities and opportunities to increase their daily trading income significantly. To adequately understand the advantages of such an auto trading platform, you must understand all the basics and its undeniable