• Maker Foundation to dissolve
    Alt coins

    ‘Completely pointless’ Maker Foundation to dissolve

    New proposals seek to turn MakerDAO into a truly decentralized, self-sustaining organization, ending a vicious cycle of ‘urgency, apathy, distraction, and denial’

    MakerDAO founder Rune Christensen unveiled proposals yesterday that will effectively cause what he believes has become a “completely pointless” Maker Foundation to dissolve over the next few years, allowing the decentralized autonomous organization live up to its name.

  • Full MakerDAO decentralization
    Ethereum,  People,  Technology

    Full MakerDAO decentralization moves closer

    The Maker Foundation took a big step toward relinquishing authority over the DeFi lending platform by turning full control of the MKR governance token over to holders

    The Maker Foundation's decentralization announcement came hot on the heels of a post-Black Thursday debt crisis that threatened to force an emergency shutdown of the MakerDAO decentralized lending platform. That was resolved a day earlier by a reverse auction following a series of votes by MKR token holders.

  • Judge Judy You'd smile too if you made $47 million to call people idiots (via Wikimedia)
    Cryptocurrencies,  Technology

    Aragon Court: Judge Judy on blockchain

    On a decentralized arbitration platform, jurors randomly selected by stake earn rewards—or pay penalties—for deciding who is right and who is wrong.

    Aragon Court is using a DAO to bring human judgement-based decision making to binding arbitration onto a blockchain. Both parties as well as the jurors must stake ANJ tokens, and both can lose them.

  • Lies, lies, lies, yeah—They're gonna get you (via Pixabay).
    Uncategorized

    Telegram to SEC: Liar, liar, pants on fire!

    The maker of the TON blockchain’s whiny response to the agency’s lawsuit stopping a $1.7 billion token sale is the latest example of the industry’s willingness to fight the Securities and Exchange Commission

    The Securities and Exchange Commission doesn’t understand cryptocurrencies, is unfair, and is out of touch with what its own commissioners are saying in public.