Crypto

The discussion in this article is not about using blockchain as a voting technology to fulfill certain voting requirements in the external world, such as conducting elections for a state governor in the United States on the blockchain or creating prediction markets where people can vote on whether the US will default on its debt or reach an agreement at the last moment to avoid default. These examples merely utilize blockchain to facilitate voting on external matters. The focus of this article is on the issue of decentralized organizations conducting on-chain voting themselves, which may involve a blockchain-based DAO voting on governance proposals or even governing the blockchain itself. ...

With the rise of ChatGPT and OpenAI, another cryptocurrency-related project founded by Sam Altman called Worldcoin has also caught people’s attention. What does Worldcoin aim to do? It aims to use blockchain technology to implement Universal Basic Income (UBI), which means unconditionally giving free money to everyone, enough to cover their basic living expenses. This way, the problem of poverty can be solved in one fell swoop. People will no longer worry about their basic needs and can dedicate their time to more meaningful work. ...

Earlier this month, Tether, the leading stablecoin issuer by market capitalization, released its first-quarter reserve and profit data. It’s not just impressive; it’s exceptionally impressive. Let’s take a look at a few highlights: ...

During the recent six months of practicing DAOs (Decentralized Autonomous Organizations), the basic form of organizational governance, namely voting, has been frequently pondered upon. ...

Overnight, Bitcoin made a strong leap from the 26.5k level and rebounded to the 27.5k level. Recently, some people in the United States are applying double standards to Bitcoin’s carbon emissions. They claim that Bitcoin mining consumes a certain amount of electricity and results in a corresponding amount of carbon emissions, thus should be subject to a certain emission tax. However, they fail to apply the same standards to Tesla’s electric vehicles, which also consume a significant amount of electricity and generate a substantial amount of carbon emissions. Tesla, on the other hand, receives carbon emission credits from the US government every year and sells them to other companies in need, profiting from it. ...

This evening, I received a special email from the mailbox that I haven’t used for a long time, a bitcoin blackmail. The email showed me the password that I have always been familiar with. Next, the mail told me that someone had captured my camera at the same time and took my private video. I was required to pay $ 999 in the form of Bitcoin. First of all, I am convinced that I have no private photos or videos; secondly, I will not accept extortion by the other party; finally, my password was changed a long time ago, so this should be from some password database when it leaked which i was involved ...

I recently have been thinking of the value of Bitcoin and wanted to know the logic about BTC. As we all know, BTC is a virtual currency based on deflation logic. Due to the deflation property of its design, the greater the degree of attention, the more users, the higher price. What I came to understand recently is some controversial parts: ...

In Year 2011, I first heard about BTC. At that moment, I thought BTC as something geek and would never be a true currency. As a curious person, I dug some coins by my SAMSUNG laptop and after a period of time just forgot BTC until I heard it again in Mid-2013 when the price rushed up to $1000 per coin. I thought BTC is a shell game then and never predicted that tons of Digital Coins would appear since then. ...