The paper goes into somewhat of a droning shpill at its outset about 'equivocation' on the blockchain (think the term that they're looking for here would be better encapsulated within the idea of 'finality').
They make the correct deduction that if one were to anchor an identity / concept to an underlying blockchain (i.e., 'Bitcoin'), then one would be forced to download the entire chain (in order to retain the property of trustlessness conferred by Bitcoin)
So (rather than fixing Bitcoin - because nobody ever wants to fucking do that), this individuals proposed to create "logs" that abstract from the Bitcoin network by building another layer over top of it in some sort of capcity.
No Trustless Consensus - No Benefit
The benefit of blockchain = trustless consensus.
Do anything that mitigates, reduces, hampers, etc., that process should be considered something that's not wholly blockchain.
The paper goes into somewhat of a droning shpill at its outset about 'equivocation' on the blockchain (think the term that they're looking for here would be better encapsulated within the idea of 'finality').
They make the correct deduction that if one were to anchor an identity / concept to an underlying blockchain (i.e., 'Bitcoin'), then one would be forced to download the entire chain (in order to retain the property of trustlessness conferred by Bitcoin)
So (rather than fixing Bitcoin - because nobody ever wants to fucking do that), this individuals proposed to create "logs" that abstract from the Bitcoin network by building another layer over top of it in some sort of capcity.
No Trustless Consensus - No Benefit
The benefit of blockchain = trustless consensus.
Do anything that mitigates, reduces, hampers, etc., that process should be considered something that's not wholly blockchain.
BY LibreCryptography
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Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
How To Find Channels On Telegram?
There are multiple ways you can search for Telegram channels. One of the methods is really logical and you should all know it by now. We’re talking about using Telegram’s native search option. Make sure to download Telegram from the official website or update it to the latest version, using this link. Once you’ve installed Telegram, you can simply open the app and use the search bar. Tap on the magnifier icon and search for a channel that might interest you (e.g. Marvel comics). Even though this is the easiest method for searching Telegram channels, it isn’t the best one. This method is limited because it shows you only a couple of results per search.
