The energy consumption of Bitcoin is at a historic high: 118 TWh, a power consumption comparable to Netherlands, or 114 TWh according to the Cambridge Bitcoin Electricity Index56 Megatons of CO2, a carbon footprint comparable to Peru11.78 kilotons of e-waste,…
Some more countries will start issuing biometric identifiers: Pakistan will start issuing biometric passports next JuneFinland will update their identity card on 2023, including children
In our latest paper (codenamed “Pravuil”), we introduce our latest innovation in consensus protocols for blockchains: a robust, secure, and scalable consensus protocol for a permissionless blockchain suitable for deployment in an adversarial environment such as the Internet. By introducing…
When more than 50% of the population owns a cryptographic identifier (National Identity Card such as the ones used in the European Union, or Biometric Passports), it’s legally and economically irrational not use then to bootstrap a blockchain, a medium…
The Financial Action Task Force (FATF) held its FATF Week and Plenary on 22-25 February (outcomes have been published online) officially approving a new guidance on the risk-based approach to supervision that complements a previous guidance for a risk-based approach…
In the last weeks, other 3 countries have announced immediate plans to introduce new biometric IDs: Belarus will start on April 30Ivory Coast has started delivering biometric national ID cards, in full compliance with the Biometric ID Card program of…
We have published a new blockchain explorer (codename Columbus) for the Testnet: Its more noteworthy feature is that you can now trace the evolution of an instance throughout the blockchain.
As we prognosticated before (“On the Coming Crackdown on Cryptocurrencies without Identity”), there is a growing number of countries tightening their Know-Your-Customer regulations: China requires identity verification with National IDs for all blockchain usersFrance will impose mandatory KYC for all…
Recently, two countries have started to introduce new national biometric identity cards: Morocco: the new “Carte Nationale d’Identité Electronique” (Identité Numerique) replaces the previous one, now with biometric photographs and NFC.Mexico: the Chamber of Deputies has approved a new “Cédula…
Now that our technology introduces the new capability of global airdrops (i.e., massive sending of crypto-currency/tokens to anyone in the world, this new feature not being available in other blockchains), some of you have already been asking for their practical…