Posts Tagged Ethereum

Scaling Bitcoin to One Billion Users, Part I

The most important comparative properties of cryptocurrencies are decentralization, scalability, confidentiality, stability, usability, security.  But scalability is always in conflict with the rest of the properties. To scale higher, some blockchains sacrifice security, usability or privacy. For example, Bitcoin sacrifices some security because it lacks stateful smart-contracts, so users cannot set daily withdrawal limits or […]

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Changes in Ethereum scripting language

Today I read that Ethereum is abandoning a crypto-rich instruction set in favor of a reduced generic instruction set. This shocked me, because I liked Ethereum instruction set design just as it was. The main argument given by VButerin is that this change makes the instruction set  more compatible with future cryptographic algorithms, by preferring […]

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