Ethereum Casper is Fundamentally FLAWED - Researcher ClaimssteemCreated with Sketch.

in #bitcoin7 years ago (edited)

Good Morning Crypto! Today we are discussing Ethereum Casper PoS algorithm, Japan self-regulation of crypto industry, Telegram ICO Vulnerabilities and other things! Bring your coffee and get ready!

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https://www.coindesk.com/fundamentally-vulnerable-ethereums-casper-tech-takes-criticism-curacao/amp/

https://cointelegraph.com/news/japan-registered-crypto-exchanges-join-forces-to-self-regulate-local-market/amp

https://cointelegraph.com/news/chile-adopts-blockchain-technology-for-national-energy-grid/amp

https://www.coindesk.com/fundamentally-vulnerable-ethereums-casper-tech-takes-criticism-curacao/amp/

https://www.coindesk.com/south-african-investor-makes-off-50m-in-crypto-scam/

https://www.coindesk.com/8-ways-telegram-thinks-ico-go-wrong/amp/

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

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Casper is the POS protocol that Ethereum has chosen to go with. While there has been an entire team busy creating it, Vlad Zamfir is often credited as being the “Face of Casper.”...it is still believed it has got many flaws though

Ethereum is the 2nd largest cryptocurrency, and for good reason. Unlike bitcoin, the underlying technology is smart-contracts.

I predict that ETH is here to stay. It also makes for an interesting crypto investment. Many companies are interested in the technology and more and more things are being built on the ethereum platform everyday.

Ethereum is like trying to fix a car whilst driving.

Lol..
Nice comment

I can always count on you for providing the latest news and analysis about crypto..
You are the best on steemit regarding crypto news.
Thanks for keeping us updated

I got your mail @ivanli. "Learn Ethereum, EOS and NEO Programming from SCRATCH" Thank you.

I am interested.
Your articles are often very useful.

First of all we are glad to have you on the steem platform, you keep us up to date about crypto, In blockchain methods, these characteristics help show if transactions will go through correctly, and if the program by itself will go forward with time.
Keep sharing such posts, thankyou

I think it is giving power to people who have lots of money.. Great enlightenment bro... U always come up with nice stuff... Tell something about the issues like money laundering etc being associated with it...

Hey Ivan, what are your thoughts with FishBank game coming in the Ethereum platform on March 18th, 2018?..looks like this game is getting a lot of hype starting in China...once this game is launched, would it crash the Ethereum platform the same way it did with the cryptokitties?
Blockchain-Game-Fishbank-Grow-Fight-and-Trade-Crypto-Fish-Tokens-main.jpg

ETH wont be able to switch to PoS, and theres no way for a long term viability.
Now, is a useful tool, but coming the next platforms like EOS, it will be obsolete pretty soon,
at least, in my opinion, hehe.
D.

Morning Ivan !

Thanks as always for the update. We also have some interesting news from Dubai about putting the B2B Tourism Business on the Blockchain. Also looking very interesting in my opinion:

Source: https://cointelegraph.com/news/dubai-to-launch-blockchain-marketplace-for-tourism-industry-to-be-10-years-ahead

Neither proof of stake or proof of work is ideal as it enables people who already have crypto net worth to increase it. However no financial system is perfect, teh network needs to be incentivised, and at least with crypto the "fees" are transparent. Proof of stake has yet to be proven but at least the leverage is linear and does not require the consumption of large quantities of electricity just to facilitate the network.