This is an email from Coinmonks, a newsletter by Coinmonks.
Dec 11, 2018
Coinmonks weekly Letter #20
Every artist was first an amateur
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This week’s top news- 👇
- 16 Jan 2019, Ethereum network upgrade and block reward from 3 to 2 eth
- ErisX (A new crypto exchange) Raises $27.5 Million in Series B Funding Round
- Sirin Labs, a $158 million ICO pivots from a hardware-based business model to supplying software to mobile phone manufacturers.
Tweet of the Week-
Quote of the Week-
“The most complicated skill is to be simple.” — Dejan Stojanovic
Interesting Finds
- esplora — An open source block explorer.
- Find 51% attack cost (theoretical) for various cryptos.
- ICO funding going out, VC money is coming in. Find more
Podcast of the week-
Now let’s dive into this week’s best stories. 👇
Behind MimbleWimble
Few ideas within crypto have garnered as much attention as the MimbleWimble proposal. It gets its name from the incantation of the Tongue Tying Curse in the Harry Potter universe, a spell used to prevent speaking on a certain topic. MimbleWimble is a novel protocol that works to improve privacyand scalability for its users. Read more
Peer Review: CBC Casper
Liveness and safety are two inseparable properties of consensus protocols. Liveness is a guarantee that a protocol will do something useful even in the face of failures. CBC Casper, a family of consensus protocols, leaves out liveness from their analysis. Treating 1 out of 2 doesn’t get you 50% of the way to a full protocol; it leaves you with almost nothing. Read more
by Muneeb Ali
Tips on Getting Through a Bear Market
The bear market in BTC has lasted almost a year now and it’s a hard place to be. Holding onto assets as they drop is a difficult thing to do and getting through this market takes a lot of character. Read More.
by Jimmy Song
Vertcoin (VTC) was successfully 51% attacked
In 4 distinct incidents, the latest of which concluded on 12/2, Vertcoin (VTC) experienced 22 deep chain reorganizations, 15 of which included double spends of VTC. We estimate that these attacks could have resulted in the theft of over $100,000. The largest reorg was over 300 blocks deep. Read more
Do you like the subtitle? It’s a quote by Ralph Waldo Emerson
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That’s it for now, send me ❤️, until next time 😄.
~Gaurav
