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Ethereum will use around 99.95% less energy post merge
TL;DR: Ethereum will use at least ~99.95% less energy post merge. Ethereum will be completing the transition to Proof-of-Stake in the upcoming months, which...
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“Play-to-Earn” and Bullshit Jobs
In Bullshit Jobs: A Theory , David Graeber makes the case that a sizable chunk of the labour economy is essentially people performing useless work, as a sort of subconscious self-preservation instinct of the economic status quo. The book cites ample anecdotal evidence that people perceive their own jobs as completely…
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A from-scratch tour of Bitcoin in Python
Musings of a Computer Scientist.
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NFTs Are a Dangerous Trap
Like most traps, they’re mysterious and then appealing and then it’s too late. An NFT is digital treasure chest, a status symbol and an apparent item of value. Like a Pokemon card, or a…
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I heat my home by mining crypto currencies
Personal Blog of Christian Haschek
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Bitcoin is a Ponzi
that expectation is sustained by such profits being paid to those who choose to cash out. However,
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Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
Miners have begun to coordinate a 51% attack to stop EIP-1559, and the Ethereum community has responded.
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Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
This Halloween week, GFN Thursday is delivering a fresh batch of gaming treats. Something wicked this blade comes. S-GAME’s Phantom Blade Zero launches on GeForce...
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Bitcoin Is Time
Keeping track of things in the informational realm requires keeping track of time.
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The Problem with Ethereum
How did Ethereum become a system that looks more like the current financial system than anything revolutionary and just?
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$1M bounty for details on Tether’s backing
NEW YORK, NY — Hindenburg Research, a forensic financial research firm, today announces it is launching the Hindenburg Tether Bounty Program (the “Program”) – a reward of up to $1,000,000 for information leading to previously undisclosed details about cryptocurrency “stablecoin” Tether’s backing.
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The collapse of the IRON stable coin
How Polygon’s first billion-dollar protocol unraveled.
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Infrastructure bill cryptocurrency surveillance provision is a privacy disaster
The forthcoming Senate draft of Biden's infrastructure bill—a 2,000+ page bill designed to update the United States’ roads, highways, and digital infrastructure—contains a poorly crafted provision that could create new surveillance requirements for many within the blockchain ecosystem. This could...
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Why Decentralised Applications Don’t Work
This has been on my mind for a while, and with a couple of things lately stoking my ire (the NFT resurgence, and Signal integrating MobileCoin), I’ve finally pushed myself to put it into words.
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Web3? I have my DAOts
The promise of a decentralized and trustless future is forever just that: a promise, and in the future.
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Signal Adds Cryptocurrency Support
According to Wired, Signal is adding support for the cryptocurrency MobileCoin, “a form of digital cash designed to work efficiently on mobile devices while protecting users’ privacy and even their anonymity.” Moxie Marlinspike, the creator of Signal and CEO of the nonprofit that runs it, describes the new payments…
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Bank transfers as a payment method
Bank transfers have exploded as a payment method in India and may become more common in much of the world.
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Why Monero
Monero is one of the projects in the cryptocurrency space that provides some real blockchain innovation. Unlike other projects that make minor improvements to (or straight up copy) the Bitcoin algorithm, Monero takes a giant leap forward for user privacy. In this post I'll dive into what makes Monero
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The Bit Short: Inside Crypto’s Doomsday Machine
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…
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