This Is the Reason Ethereum Exists – by Mike Orcutt
by Mike Orcutt
“(…) Bitcoin eventually took off, and soon people latched onto the idea that its blockchain could be used to do other things (…) But its design, intended specifically for a currency, limited the range of applications it could support, and Bitcoin aficionados started brainstorming new approaches.
It was from this primordial soup that Ethereum emerged.
In a 2013 white paper, Vitalik Buterin, then just 19, laid out his plan for a blockchain system that could also facilitate all sorts of “decentralized applications.”
The Internet of Money – Andreas M. Antonopoulos
“The Internet of Money – a collection of talks by Andreas M. Antonopoulos” (two volumes)
“Book overview, volume one : While many books explain the how of bitcoin, The Internet of Money delves into the why of bitcoin. Acclaimed information-security expert and author of Mastering Bitcoin, Andreas M. Antonopoulos examines and contextualizes the significance of bitcoin through a series of essays spanning the exhilarating maturation of this technology.Continue reading
CRYPTO20 – Crypto Index Fund
CRYPTO20 is a tokenized crypto index fund. Its token trades listed as C20.
The ethereum based, ERC20 compliant smart contract allows for liquidation process. Holders can redeem tokens for the Ether equivalent of the calculated NAV of the crypto assets held by the fund, less an 1% trading fee.
Marketcap or market-share debate aside, cap-ceiling at 10% may cause clearly distinct behaviour from what would be a no-cap portfolio distribution.
Litecoin peer-to-peer payments
Litecoin proposes to complement Bitcoin as a cheaper and faster payment method. Its open source global network allows descentralized transactions handled by blockchain.
Check Litecoin source, library, and other downloads on GitHub
IOTA White Paper
IOTA is a distributed ledger that rellies on spread validation of transactions instead of blocks. Instead of having miners confirming blocks of transactions, each participant issuing a transaction must approve 2 past transactions. Thus consensus is reached by destributed, active users. This data structure, based on Directed Acyclic Graph forms the ledger dubbed “Tangle”. As described in detail in Serguei Popov’s white paper.Continue reading
Ripple (XRP)
Ripple is a global payments network, RippleNet, based on Ripple Transaction Protocol. XRP is the digital asset intended to be used as a cross-currency liquidity utility.
RippleNet proposes a distributed financial network for real-time messaging, clearing and settlement. Continue reading
Bitcoin’s Academic Pedigree – by Narayanan & Clark
The concept of cryptocurrencies is built from forgotten ideas in research literature.
Arvind Narayanan and Jeremy Clark
“…not to diminish Nakamoto’s achievement but to point out that he stood on the shoulders of giants. Indeed, by tracing the origins of the ideas in bitcoin, we can zero in on Nakamoto’s true leap of insight—the specific, complex way in which the underlying components are put together. This helps explain why bitcoin took so long to be invented. Readers already familiar with how bitcoin works may gain a deeper understanding from this historical presentation.(…) Bitcoin’s intellectual history also serves as a case study demonstrating the relationships among academia, outside researchers, and practitioners, and offers lessons on how these groups can benefit from one another.
Elliptic Curve Cryptography – By Jimmy Song
By Jimmy Song, Principal Blockchain Architect
“…Finite fields are one thing and elliptic curves another. We can combine them by defining an elliptic curve over a finite field. All the equations for an elliptic curve work over a finite field. By “work”, we mean that we can do the same addition, subtraction, multiplication and division as defined in a particular finite field and all the equations stay true. If this sounds confusing, it is. Abstract algebra is abstract!Continue reading
Introduction to EOS by trogdor @ steemit
trogdor (63) in eos
EOS is a consensus blockchain operating system that provides databases, account permissions, scheduling, authentication, and internet-application communication to massively improve the efficiency of smart business development that uses parallelization to make possible blockchain scalability to millions of users and millions of transactions per second.
(…)
In order to introduce EOS, we first need to understand the current state of blockchain tech, and how we got here. (…)
In 2013, the decentralized exchange Bitshares was built, and in 2014 Bitshares was launched. It used delegated proof-of-stake giving 3 second confirmation times with very predictable, reliable block production. The first version of Bitshares was built off of some of the same ideas as Bitcoin and shared some technology, but still didn’t meet the performance requirements of an exchange. In 2015 Graphene was created, and Bitshares was completely rewritten. This was able to achieve 100,000 transaction per second on a single machine, and decentralized global stress testing achieved 18,000 transactions per second on a distributed network. (…)
If you look at the blockchain industry, everyone wants to build smart businesses, decentralized organizations, etc…, and in the process developers built decentralized computers from the ground up which can run their smart apps. In this process, all app developers have to solve many of the same problems: account systems, recovery processes, multi-sig, manage challenges, and what they’re missing is the operating system, (…). EOS aims to provide this operating system to provide all the core functions to app developers and allow them to focus on just the business logic that makes their apps unique.
EOS provides an operating system and a decentralized computer to radically improve the efficiency of smart business development.
What do DAPPs require?
…”
Tezos: A new digital commonwealth
Tezos a generic and self-amending crypto-ledger. Tezos can instantiate any blockchain based ledger. The operations of a regular blockchain are implemented as a purely functional module abstracted into a shell responsible for network operations, and allows creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network.