Smart Contracts Are Useless

The ideas behind smart contracts are over twenty years old, but smart contracts only became a major talking point in the past five years, with the release of Ethereum and its Solidity programming language.

For much of 2017, you couldn’t move for ICOs promising to use smart contracts to revolutionize the way we transact and do business, and the cryptosphere is still awash with articles explaining the coming smart contract revolution, how smart contracts are going to disrupt everything from logistics to real estate…

Tech report Jan, 29th — Feb, 8th

During the last two weeks our development team has been working hard to finalize major features of the upcoming testnet release.

The following tasks were completed in the period January, 29th — February, 8th:

Core: Blockchain persistency. Blocks are stored on disk now but no transaction pruning is applied.
Core…

Towards a crypto thaw: Using incentives to drive adoption

As the crypto winter stretches past the twelve-month mark, many people are asking what went wrong and when (or indeed if) it’s going to end.

But the diagnosis isn’t mysterious. And neither is the cure.

Fostering breathless excitement about price and moon lambos was always unsustainable. Yes, ICOs injected a…

A Privacy Blockchain more trustless than ZCash, more scalable than Monero, more user-friendly than MimbleWimble

We live in an era of unprecedented state surveillance and crackdowns on freedom of transactions, expression, and even thought. But privacy is a universal human right that we must fight to preserve. …

Tech report, Sprints 8 and 9

During the Sprint 8 (Dec,31st — Jan,13th), the Stegos development team has released the blockchain prototype (MVP). The MVP release containts the following base features: