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Crypto & Blockchain

The most popular blog posts about crypto & blockchain on Hacker News. 35 posts.

2020
6

Urbit OS 1

OS 1 is somewhere between ‘productivity software’ and a ‘social network’. We think it’s the beginning of an altogether new breed of social computing.

8

Kraken Wins Bank Charter Approval

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…

16

Bitcoin Mining’s Three Body Problem

Bitcoin mining is a complex phenomenon that connects hardware and software, the energy and financial markets. Invisible rules govern every aspect of it. The performance of an individual operation is determined by various external factors that are often hard to quantify and almost impossible to forec

23

MakerDAO gets stress tested as ETH price plummets

In the midst of extreme market-wide turmoil, MakerDAO is facing one of its biggest challenges to date. The main form of collateral in the system, Ether, has dropped over 30% in a 24-hour timeframe marking one of the worst days in its short history. This has triggered an unprecedented wave of liquidations as loans…

29

Critical flaw in Trezor hardware wallets

Kraken Security Labs has devised a way to extract seeds from both cryptocurrency hardware wallets offered from industry leader Trezor, the Trezor One and Trezor Model T. The attack requires just 15 minutes of physical access to the device. This is the first time that the detailed steps for a current attack against…

30

A Review of Consensus Protocols

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…