This Ethereum Lottery Perfectly Explains How Facebook’s Big Corporate Backers Will Profit from Crypto

To understand how early investors in Facebook’s new Libra blockchain will make money over time, it helps to dig into a new lottery going live on ethereum mainnet Monday. It’s a lossless lottery called PoolTogether and tickets are now on sale. Its similarity to Libra is not a completely one-to-one relationship, but the key insight […]

YouTube

About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety Test new features © 2019 YouTube, LLC Go to the Legal Help page to request content changes for legal reasons. Read More

Why Ethereum’s Privacy Matters and What’s Being Built to Support It

Mixers. Computational data layers. Zero-knowledge proofs: these are just a few of the technologies being leveraged to enhance privacy on the ethereum blockchain. Privacy for a public blockchain network is a bit of an oxymoron, given that, by nature of the technology’s design, data must be shared and widely distributed on the network in order […]

Staking Isn’t Just a Way to Earn Crypto Money – And It Shouldn’t Be

Jake Yocom-Piatt is the project lead for Decred and the creator of btcsuite — an alternative full-node Bitcoin implementation written in go whose source code has been used in several notable projects. Staking is money you don’t want to miss out on — simple as that, right? While most cryptos today are trading 70 -90 […]

Facebook’s Libra Cryptocurrency: A Technical Deep Dive

Facebook announced Tuesday that its highly anticipated cryptocurrency, Libra, will run on a blockchain network secured at launch by 100 distributed computer servers, or nodes. Twenty-eight node-running members are currently on board. The Libra blockchain will go live in 2020, with the Libra Association – a Switzerland-based non-profit – tasked with leading the cryptocurrency’s ongoing […]

Facebook’s Cryptocurrency Wants to Take on Banks, Not Bitcoin

George McDonaugh is CEO and co-founder of KR1 plc, a London listed cryptocurrency and blockchain investment company. Facebook is creating its own cryptocurrency – something that even those of us necking the crypto Kool Aid back in the early bitcoin days never in our wildest dreams thought would happen. The details are emerging, but what […]

Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked

You don’t have to have a Facebook account to use Libra. That’s the hands-off approach the social media giant is working toward as it announces its new blockchain and the token of the same name that will run on top of it. While Tuesday’s announcement is still early days, the scope of the project is […]

Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

With the long-awaited Libra white paper, Facebook is showing off its blockchain smarts, and making a bid for crypto credibility. Released Tuesday morning, the 29-page paper describes a protocol designed to evolve as it powers a new global currency. More than a year in the making, the document opens by trumpeting the new blockchain’s ambitious goal: […]

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

THE TAKEAWAY: FINRA has sat for months on roughly 40 broker-dealer applications from companies dealing in crypto assets, denying them a broker-dealer license that would let these firms offer securities in the U.S. Some think FINRA, a self-regulatory organization, is holding off on these approvals at the SEC’s request, as the agency has yet to offer clear […]

Crypto Is an Important Defense Against Today’s Orwellian Surveillance

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. “Privacy is dead. Get over it.” We hear that refrain a lot. So often, in fact, […]