The latest blog posts to take off on Hacker News. 850 posts.
I’ve spent a lot of time recently thinking about different proof-of-work mechanisms. When I say proof-of-work, I’m not talking about consensus algorithms like the ones that some crypto currencies use. I’m talking about social networks.
Control over important internet services has shifted from open source to proprietary services operated by big tech. As a result, people got access to technology, but that shift also created serious problems.
Originally published: January 2021 The anonymous founder of Bitcoin, Satoshi Nakamoto, solved the hard problems associated with digital scarcity with a white paper in 2008, and launched Bitcoin in 2009. After that invention, numerous other projects came in its wake. There are now over 8,000 separate digital assets…
This article will examine in details what happened during the two transactions that exploited vulnerabilities to open under-collateralized positions in bZx, causing a loss of equity worth more than a million dollar in total.
This is the story of a Bitcoin trade — the most financially impactful trade I’ve ever made in my life. It’s also the story of the…
While Bitcoin is the gold standard in crypto, Ethereum has been the innovator, bringing new ideas, particularly smart contracts, to the table. Smart contracts allow developers to easily build things on a blockchain and we have seen a proliferation of new things built on the Ethereum blockchain as a result. But what if…
Did you know that Alt-right groups got $500k in bitcoins a month before the capitol riot? Read the entire report here and find out who the secret donor is.
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By Nick Szabo, 2002
Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned.
A starting point for developers interested in AP Elections API. Get real-time results of national, state and local elections, from poll close to certification.
The consensus problem is a fundamental problem in multi-agent systems which requires a group of processes (or agents) to reliably and timely agree on a single data value. Although extensively discussed in the context of distributed computing it’s not exclusive to this field, also being present in our society in a…
On September 15, 2020, a small group of people worked through the night to rescue over 9.6MM USD from a vulnerable smart contract. This is our story.
We are thrilled to announce that the State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), called Kraken Bank. Headquartered in Cheyenne, Wyoming, Kraken Bank is the first digital asset company in U.S. history to receive a bank charter recognized…
"Fintech can come out of the shadows" is the title that Wall Street Journal editors gave to Brian Brooks and Charles Calomiris' oped last week . I have not in a long time seen a title that more utterly contradicts the content of the essay. For what they advocate is exactly the opposite: Fintech in chains, hemmed in by…
A coworker of mine asked: How are people supposed to learn (from mistakes) if they don't roll their own crypto? The short answer is do roll ...
A horror story.
People in the bitcoin community often make fun of me as a nocoiner . That is, I don't have any bitcoins and am vocal about that fact. (Ne...
Understanding the fundamental building blocks of Bitcoin can be daunting for some developers. The purpose of this guide is to explain through simple pieces of code, how Bitcoin works.
