The New Stellar Consensus Protocol Could Permit Faster and Cheaper Transactions

Stanford professor David Mazières thinks he has a faster, more flexible and more secure alternative to Bitcoin, MIT Technology Review reports.Two independent reviewers, from Stanford and Cornell universities, agree that the new technology could make digital payments and other transactions cheaper, safer and easier.Alternative blockchains are often dismissed as worthless “me-too” copycats or scamcoins, which, unfortunately, has some element of truth....

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Newly Declared European Microstate Liberland Plans to Create Its Own Digital Currency

A group of Czech citizens has declared a new state, the Free Republic of Liberland, in a tiny 6-square-kilometer territory along the Danube River between Croatia and the Republic of Serbia. The Liberland territory is not claimed by either of these two states, which according to the group permits it to declare a new “microstate” in compliance with international law.After the Yugoslav Wars, some borderland territories have been disputed, but this area...

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MIT Launches Digital Currency Policy and Standards Research Initiative

MIT Media Lab has announced the launch of Digital Currency Initiative, a three-pronged program aimed at increasing awareness of the technology on campus and abroad while providing research to promote policy and standards initiatives.The news was first detailed in a post penned by former White House senior advisor and Digital Currency Initiative director Brian Forde, who today officially joined the university-run research laboratory.Forde previously...

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