Venezuela’s Petro Copied Dash, Claims Ethereum Developer

An Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national cryptocurrency.    Also read: Bitcoin Cash … Read more

Why Governance is the Greatest Problem That Blockchains Must Solve

A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders. Getting nodes to achieve consensus is easy compared to the difficulty of getting humans to achieve consensus. The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. … Read more

EOS and Ethereum: One DApp Platform to Rule Them All?

Does the market have room for two thriving DApp platforms? Ethereum and EOS represent two distinct approaches to carrying out smart contracts and supporting more than 1,500 DApps. Ethereum holds an advantage as the first native DApp platform, but EOS is proposing a much faster consensus model. Is there going to be one clear winner … Read more

Voting: The Harbinger of EOS’s Success

EOS promises a fast, fee-less platform for decentralized applications via the blockchain, but it needs a great deal of participation from token holders to be a success. As a more centralized project in which twenty-one voted-in supernodes confirm transactions, voting is key to keeping block producers accountable and successful in supporting the large volume expected … Read more

Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance

Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US … Read more

Bitcoin in Brief: Blockchain Wars and a Sleuth of Bears

Welcome to Bitcoin in Brief, a new feature debuting today. Breaking stories, crypto drama, exchange updates, and other talking points from the fast-paced cryptocurrency world can all be found in this daily roundup. Bitcoin in Brief is for everyone who’s long on bitcoin but short on time. Also read: Chinese Engineer Arrested for Stealing 100 Bitcoin … Read more

Token Holders Don’t Give a Damn About Voting Rights and Community Governance

You’ve probably heard of The DAO and you’ve certainly heard of the ICO. Now say hello to the DAICO, an “innovative fundraising model” that aims to combine the best of both frameworks. The Abyss Platform is the first project to utilize this hybrid organizational structure, which has been credited as the brainchild of Vitalik Buterin. … Read more

What Is Aragon?

Aragon is another one of those cryptocurrency projects intent on making the world a fairer place for everyone. More specifically, the team aims to build an infrastructure which lets anyone create value without borders or intermediaries. Additionally, they hope to democratize governance in the future, although that will not be easy. Decentralized organizations are an … Read more

Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing

A two-day workshop involving over sixty financial investigators in Basel, Switzerland has seen Europol and Interpol agree upon a range of measures designed to ramp up efforts to combat the use of cryptocurrencies for money laundering and terrorist financing purposes. The event saw attendance from over 60 international financial investigators. Also Read: New Research: Laundering of … Read more

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie … Read more