Tag: Debate

Debate reignites over years-old Bitcoin Drivechain proposal

A debate has reignited among Bitcoiners over a six-year-old Bitcoin Improvement Proposal (BIP) to add “sidechains” on top of the network, with some warning it could increase scams on the Bitcoin network and others saying it will bring new users of the cryptocurrency. Meanwhile, one developer claims to have found a way to achieve the proposal’s goal without a soft fork of the blockchain. The proposal in question, BIP-300 — also known as Bitcoin (BTC) Drivechains — was first introduced in 2017, which proposed introducing “sidechains” that are separate blockchains…

After GOP Debate, Blockchain Bettors See Bitcoin-Friendly Ramaswamy as Most Formidable Trump Challenger

In betting markets, the higher it costs to vote in favor of a given outcome, the more likely that outcome is considered. On Polymarket, it currently costs 71 cents to bet in favor of a second Trump nomination and 32 cents to bet against. In practical terms, what this means is that if Trump wins the nomination, those who bet in his favor are set to earn $1 for every 71 cents they bet. If he loses, they get nothing. Source

First Republican presidential debate to feature pro-crypto candidates

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Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting for a debate for the first time. At the time of publication, eight presidential candidates with the Republican Party are expected to appear in Milwaukee on Aug. 23 in the party’s first debate ahead of the 2024 election season. Former U.S. Presidential Donald Trump, the party frontrunner currently facing multiple criminal indictments related to his alleged role in attempting to overturn the results…

LiFi launches multi-bridge governance solution after Uniswap debate

Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps, and other Web3 protocols, the new aggregator should help prevent governance attacks that originate from cross-chain bridges, according to the aggregator’s documentation. The announcement comes after a vigorous debate over bridge security on the Uniswap forums in late January and early February, concluding that no single bridge has all the security features necessary for secure governance.…

How PayPal Upended the Crypto Debate in Washington D.C.

Had it succeeded, Diem would have presented two challenges, which were discussed publicly at the time, for the federal government to wrestle with. Libra’s stablecoin would have launched when the U.S. lacked a comprehensive regulatory framework for stablecoins, meaning it would exist in a legal and regulatory gray space. And, while that reality would pose a challenge to the federal government, other stablecoin projects have and will exist in the same regulatory gray space. What was different about Diem was that its regulatory challenge would have been turbocharged by the…

Twitter to X rebrand sparks debate over new name for ‘tweets’

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The social media platform formerly known as Twitter began its metamorphosis from its iconic blue bird, tweet-centric operations, to its new form as ‘X’ on July 24.  X has replaced its bird logo with a simple white X, along with a color scheme shift from the trademark sky-blue to black and white. While links continue to read “twitter.com,” the web address “x.com” currently redirects over to the Twitter address. pic.twitter.com/dxbsqwcYv7 — Elon Musk (@elonmusk) July 25, 2023 Elon Musk, the owner of X and former CEO of the platform, said…

Debate Over ApeCoin DAO Special Council Salaries Spreads on Twitter

But last week, Twitter users began to question the DAO’s leadership compensation after Vulkan, who serves as the ApeCoin secretary, posted an organizational chart of the ApeCoin DAO leadership system. Notably, the tweet also listed monthly salaries for each of the roles, which include: $7,000 for the secretary, $8,000 for governance facilitators, $9,000 for working group stewards, $20,833 for Special Council members and $75,000 for WebSlinger, a Cayman Islands administrator for the Ape Foundation that handles legal and compliance matters. Source

Former Twitter CEO sparks debate by labeling ethereum as security

In a recent social media skirmish, former Twitter CEO and Bitcoin advocate Jack Dorsey sparked a heated debate by affirming that Ethereum (ETH) could be considered a security. The statement from Dorsey immediately drew attention and triggered a Twitter war with Udi Wertheimer, a Bitcoin Ordinals developer, criticizing Dorsey as a “clown.” In response, Dorsey fired back, challenging Wertheimer to educate him by stating, “ETH is not a security? Teach me, wizard.” Wertheimer countered by sharing an old video of Gary Gensler, Chair of the US Securities Exchange Commission (SEC),…