How Classic is Ethereum’s Austrian Kin
“Ethereum Classic rejects Keynsean heresy, and returns to Bitcoin’s Austrian roots,” declares arvicco, a pseudonymous Ethereum Classic project coordinator and cross-chain trading programmer. An event organized by enthusiasts of Ethereum Classic took place Tuesday in London, featuring renowned cryptocurrency enthusiasts like Jon Matonis, whose words were the first in the mainstream to openly celebrate Bitcoin when he wrote for Forbes. The event might mark the first time that high-profile thinkers (such as Jon Matonis for example) will come together on a panel to discuss what might be the....
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Born as a rebellion against Ethereum’s hard fork to retrieve funds from The DAO after it was "hacked" last summer, Ethereum Classic has increasingly formed a unique identity since. The continuation of the “original,” pre-fork Ethereum project seems to be letting go of plans as established by the Ethereum Foundation, and instead navigates a distinct path forward. The development community around the smart contract platform is growing, the project developed its own policy on hard forks, and as opposed to Ethereum, Ethereum Classic will probably not switch to (full) proof-of-stake....
This is a guest post by Andrew Criscione who co-organizes the Mises Group in Boston, Ma. He hosted Jeffrey Tucker for a dinner with the Mises Group members and shared the experience. The Boston Austrian Economics Group held the event "Bitcoin and Bowties" featuring Jeffrey Tucker, CEO of Liberty.me and publisher of Laissez Faire Books. Tucker is an influential Austrian economist, author, and former editor for the foremost repository of Austrian thought, Mises.org. Austrian economics is a school that holds much weight in the libertarian and crypto-anarchist circles so intertwined with....
PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold out several iterations of Crypto stamps since 2019. Previous generations of Crypto stamps, however, mostly centered the sale around the physical stamp which was accompanied by its digital twin.
The launch of the CSA is planned on July 22, 2022,....
This is a guest post by Ben Best. Bitcoin and Austrian Economics. Austrian Economists are harsh critics of government central banks (such as the Federal Reserve System of the United States - a name intended to obscure its role as a central bank, unlike the Bank of England). Austrian Economists can also be very critical of fractional reserve banking, the practice of lending money in greater quantity than the amount of deposits. For these reasons, Austrian Economists could be expected to be enthusiastic supporters of Bitcoin. Unfortunately, this is usually not the case. Cryptocurrency,....
The presale for Borg DAO token began on Monday, October 17, and will be followed by a 30-day crowdsale starting on Friday, October 28. The company, Austrian development group Livant Labs, targets to raise $2mln in a crowdsale to create new DApps on the Ethereum Classic. The lingering controversy. The controversy between Ethereum(ETH) and Ethereum Classic (ETC) continues to linger as different factions within the community continue developing their diverse procedures. Andreas Schuetz, CEO of Livant Labs says: “A number of DApp developers have declared their intention to limit contributions....