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[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

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

HONG KONG, Jan 18, 2024 - (ACN Newswire) - Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles. Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability

Plato Data Intelligence Leverages Vectara to Power its Data-As-A-Service / DaaS Platform

From development to launch, Vectara’s GenAI technology and team help innovators get to market faster. The announced partnership breaks new ground towards deploying a next generation of GenAI tools with Vertical focus. Vectara, the Trusted Generative AI Product Platform, and Plato Data Intelligence, creators of PlatoAi, have entered into a commercial agreement to unlock the power of Vectara via Plato AI’s Generative Intelligence platform. With an emphasis on secure, trustworthy, and transparent GenAI for enterprises, Vectara was the clear choice for developers who want a trusted provider to count on

Bracket Labs Announces $2 Million Pre-Seed Raise to Support the Launch of its ‘Passages’ Trading Platform

PANAMA CITY FLA – January 4, 2024 – Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of "Passage," a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels. In June 2023, Bracket Labs completed Binance Labs’ Season 5 Incubation Program and received investment from Binance Labs. In addition to completing the Incubation Program, Bracket Labs completed its pre-seed investment round from other notable crypto

United Nations IGF Dynamic Coalition Pilots a Decentralized Autonomous Organization (DAO)

New York, NY – December 20, 2023 — The United Nations Internet Governance Forum (IGF) Dynamic Coalition on Blockchain Assurance & Standardization announces the initiation of a groundbreaking project aimed at establishing a Distributed Autonomous Organization (DAO). The pilot project is a collaborative effort showcasing how public sector organizations can leverage blockchain technology and DAO principles to foster transparent, rules-based, and high-integrity governance structures. UN - IGF Dynamic Coalitions are multistakeholder groups operating within the framework of the UN Internet Governance Forum, addressing specific issues related to internet governance. These

JCB, IDEMIA and Soft Space launch “JCBDC” Phase 2 pilot to trial CBDC offline P2P payments

Tokyo, Paris, Kuala Lumpur, Dec 13, 2023 - (JCN Newswire) - Japan's only international payment brand JCB Co., Ltd. ("JCB") has launched the “JCBDC” (JCB Digital Currency) Phase 2 pilot project with IDEMIA, a global leader in identity technologies, and the world’s leading fintech company Soft Space Sdn Bhd. ("Soft Space"). In Phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a CBDC (Central Bank Digital Currency) payment solution, enabling merchants to accept CBDC without the need to modify their POS (point of sale) terminals and payment

BitMask Wallet 0.7.0 Soars: A Quantum Leap in Bitcoin Evolution Surges Over 760,000 Wallets in Just One Month

SAN FRANCISCO, November 23, 2023 (ACN Newswire) - DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community's trust in DIBA's commitment to advancing Bitcoin utility. Worthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development

Skale x Cryptopia Making Free-to-play-and-earn A Reality For Gamers

Nov 21, 2023. Tortola, British Virgin Islands. With great excitement, we are pleased to announce our partnership with Skale, a zero-gas fee EVM blockchain. As a pioneering free-to-play-and-earn game that embodies the spirit of a new era in gaming, this alliance is set to transform the gaming landscape by empowering players to combine fun and earning opportunities without the constraints of excessive fees or financial barriers. We are living in exciting times. Gradually, we are entering an era where games are not only for fun but also offer a seamless

Walking the Tightrope

As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for