Friday, July 22, 2016

The Ethereum Hardfork Advances Blockchain Governance and Technology

The fundamental assumption of any blockchain, whether public or private, is that 51% of actors are honest. For this assumption to hold, there must be decentralization (a sufficiently large number of individual/entity actors to such extent that exercising direct influence on 51% of actors is unfeasible) in four key aspects: developers, miners/stakers, exchanges/businesses, and media […]

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