AWS Backs $100,000 Competition to ‘Change the Face of Blockchain’

The problem: Given 1024-bit input x, compute the verifiable delay function ‘h=x^(2^t) mod N’ as fast as possible. t=2^30 N=124066695684124741398798927404814432744698427125735684128131855064976895337309138910015071214657674309443149407457493434579063840841220334555160125016331040933690674569571217337630239191517205721310197608387239846364360850220896772964978569683229449266819903414117058030106528073928633017118689826625594484331 If you can understand the above, you could be in for a portion of a $100,000 prize – that is, if you can then beat the others attempting to calculate Read more…

Why Academics Love Bitcoin – and Crypto

For academics, bitcoin, and more broadly crypto, is an exciting space where the ideas they write up in papers actually get built and tested. Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.comFacebook: https://www.facebook.com/CoinDeskTwitter: https://www.twitter.com/coindeskInstagram: https://www.Instagram.com/coindeskNewsletter: https://www.coindesk.com/newsletter/Twitter (Markets): https://www.twitter.com/coindeskmarkets CoinDesk is the leading digital media, events and information services company for Read more…

How MakerDAO Works – The Stablecoin Explainer

An illustrated guide to the lending platform/DeFi app MakerDAO and its tokens, MKR and DAI. Got questions about fluctuating interest rates and collateralization? We’ve got you covered. Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.comFacebook: https://www.facebook.com/CoinDeskTwitter: https://www.twitter.com/coindeskInstagram: https://www.Instagram.com/coindeskNewsletter: https://www.coindesk.com/newsletter/Twitter (Markets): https://www.twitter.com/coindeskmarkets CoinDesk is the leading digital media, events and information Read more…