US presidential candidate Gary Johnson indicated that he might pardon several key whistleblowers and crypto-anarchists. Johnson, the nominee for the Libertarian Party, said he would consider pardoning Silk Road founder Ross Ulbricht, and would “look seriously at” pardoning NSA whistleblower Edward Snowden and Wikileaks collaborator Chelsea Manning. While Johnson is a third-party candidate, who traditionally do not perform well in national elections, this year the situation is very different. He is polling ever closer to 15% which nationally is the requirement to be included in the national debates alongside the candidates of the two major parties. Additionally, he has scored favorable inclinations from several powerful major party players, including…
A group of researchers are encouraging universities to set up bitcoin nodes as part of an effort to allow students and professors to experiment and test the network. The private testbed network, called BSafe, aims to help the technology proliferate, while possibly preventing instances such as the collapse of Mt Gox or The DAO from happening in the future. “Most developers in this world think that [bitcoin’s] fundamental cryptographic algorithm is ideal and can be used as a black box,” Shin’ichiro Matsuo, co-founder of BSafe.network, said. Matuso argues that bitcoin, and for that matter all crypto-financial projects, need a more diverse group of researchers exploring and analyzing the technology. Matsuo told CoinDesk: “We need to do…
At the annual Digital Payments Conference held at the Meikles Hotel Zimbabwe on July 28, the Reserve Bank of Zimbabwe (RBZ) warned the country’s citizens against the various risks involved in using Bitcoin. The central bank’s Senior Executive of the National Payment Systems department Josephat Mutepfa, told the event’s audience—which primarily consisted of financial startups, experts, and entrepreneurs—that despite the popularity of Bitcoin, the Reserve Bank of Zimbabwe discourages the use of Bitcoin. This is due to the lack of regulatory frameworks for exchanges and startups providing digital currency related financial services. While economic benefits of using digital currencies such as Bitcoin are evident to the central bank, the…
After the successful execution of the Ethereum network’s first hard fork, mainstream media outlets, including the Huffington Post, criticized the supporters of Ethereum Classic, calling the project aimed to maintain the original chain of Ethereum “another Bitcoin scam.” David Seaman, the author of an article entitled “‘Ethereum Classic,’ Another Bitcoin Scam,” laid out a series of irrational arguments to supposedly prove the invalidity of Ethereum Classic, both philosophically and economically. Because some people lost too much money? The first argument presented was the justification of the formation of Ethereum Classic after the completion of the Ethereum network’s hard fork which was supported by the community….
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Kenneth Kappler, CCO of Ethcore and an ex-Ethereum developer, offered an inside view on how the attack on the Decentralized Autonomous Organization (DAO) took place and gave his views on how future attacks can be prevented, according to Techworld. Kappler spoke at a London Tech Week event aimed at explaining blockchain technology. Problems with the DAO code were evident to many people before the DAO attack materialized, he said. Many realized the functionality wouldn’t work as advertised and they would have to vote to move funds to a new code. They thought they would have to rewrite the code, redeploy it elsewhere and move the funds. The Hacker…
Despite ongoing challenges faced by Ethereum, the Blockchain platform has received what could be described as a “Vote of Confidence” as Xaurum initiates migration from its Blackcoin PoS Blockchain to the Ethereum platform. Xaurum is a cryptocurrency with a growing gold reserves commonwealth as its base value. A recent announcement from the Xaurum community says that it is about to enter into the second phase of its development. This transition is referred to as the “Rebirth Initial Coinage Offer,” a transition that will enhance an increase in the supply of Xaurum in the market, and also include an upgrade of Xaurum technology, as it will relocate from its Blackcoin PoS Blockchain to the Ethereum platform. ETH or ETC chain? The co-Founder…