All digital content is going on-chain | by Jake Brukhman | The CoinFund Blog

NFTs [1] are not just cat pictures that people trade on blockchains. Today digital art [2], collectibles [3], and in-game assets [4] are the most visible use cases for these nifty non-fungibles. But the market holds an inconspicuous secret: there is a staggering diversity of online digital content that can be placed on a blockchain in the form of NFTs.

Source: All digital content is going on-chain | by Jake Brukhman | The CoinFund Blog

Redecentralize Digest — October 2020 — Redecentralize.org

Given all the positivity surrounding SSI, and its laudable promise to give people control, it may be surprising to find an essay called “The dystopia of self-sovereign identity (SSI)”. Its author Philip Sheldrake warns the SSI community that their projects may achieve the opposite of what is intended, partly by viewing the problem too much from a technical perspective: “SSI cannot provide an ‘identity layer’ of the Internet any more than the Internet might be said to be missing a ‘truth layer’.”

Source: Redecentralize Digest — October 2020 — Redecentralize.org

Blockchain-facilitated sharing to advance outbreak R&D | Science

Timely and widespread dissemination of resources and information related to pathogenic threats plays a critical role in outbreak recognition, research, containment, and mitigation (1, 2), as stakeholders from government, public health (PH), industry, and academia seek to implement interventions and develop vaccines, diagnostics, and drugs (3). But there are persistent barriers to sharing and cooperative research and development (R&D) in the context of epidemics, rooted in a lack of trust in confidentiality and reciprocity (4, 5), ambiguity over resource ownership (6), and conflicting public, private, and academic incentives (24, 6). Here, we suggest how recent advances in blockchain and related technologies can enable decentralized mechanisms to help break down these systemic and largely nontechnological barriers. These mechanisms resolve scalability, energy consumption, and security concerns of early blockchain models and may be applied to underpin and interconnect, rather than supersede or conflict with existing, well-established systems and practices for storing, sharing, and governing resources.

Source: Blockchain-facilitated sharing to advance outbreak R&D | Science

Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat – CoinDesk

“The essence of the DLT infrastructure is that no single party should be trusted enough, but don’t we just trust a central bank to maintain the integrity of the global ledger?” said Harro Boven, policy adviser in the payments policy department of the Dutch central bank. Scott Hendry, senior special director of fintech at Bank of Canada, which piloted its Jasper project (built on R3’s Corda DLT platform) last year, agreed that “you don’t need a DLT to make a central bank digital currency.” “There doesn’t seem to be a lot of benefits if you look at a DLT system and the current efficient centralized system for the sole purpose of interbank payments,” Hendry said, adding that in the back office he leads, “they wouldn’t change anything” in the technology stack currently in use. No speaker ruled out using DLT for a CBDC in principle, but none showed much enthusiasm about the tech.

Source: Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat – CoinDesk

DSHR’s Blog: Bitcoin’s Lightning Network

Discussions of cryptocurrencies and other blockchain technologies are bedeviled by a nearly universal assumption that attributes that are possible to achieve in theory are guaranteed to be realized in practice. Examples include decentralization and anonymity.Back in June David Gerard asked: How good a business is running a Lightning Network node? LNBig provides 49.6% ($3.7 million in bitcoins) of the Lightning Network’s total channel liquidity funding — that just sits there, locked in the channels until they’re closed. They see 300 transactions a day, for total earnings on that $3.7 million of … $20 a month. They also spent $1000 in channel-opening fees.Even if the Lightning Network worked (which it doesn’t), and were decentralized (which it isn’t), Gerard’s point was that the transaction fees were woefully inadequate to cover the costs of running a node. Now, A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network by the Hungarian team of Ferenc Béres, István A. Seres, and András A. Benczúr supports Gerard’s conclusion with a detailed analysis.

Source: DSHR’s Blog: Bitcoin’s Lightning Network

Top Trends in Blockchain Technology; inching towards Web 3.0 – Avivah Litan

In sum, the blockchain back end shouldn’t matter to users – just like the Internet’s DNS or TCP/IP protocols don’t matter to web users. All web users care about is their web-based applications. All Blockchain users need to care about is their decentralized applications.Make no mistake: The days of seamless blockchain interoperability at the ‘atomic’ level are not here yet. Nor are the days of cross chain functionality where a single smart contract can update multiple blockchain platforms using a single process. We won’t see these needed functions go mainstream for at least two years.But the good news is we are seeing some very promising developments that will help move us closer to this end state, as highlighted in our recently published Hype Cycle for Blockchain Technology 2019.source: Hype Cycle for Blockchain Technology, 2019

Source: Top Trends in Blockchain Technology; inching towards Web 3.0 – Avivah Litan

Blockchain: Technology alone cannot protect freedom of expression – ARTICLE 19

ARTICLE 19 has issued a warning about the promotion of blockchain technology as a solution to censorship. In a report published today, the freedom of expression organisation identifies some of the risks that arise from the use of blockchain technology. It also identifies steps that states, public organisations and tech companies should take to ensure that human rights are protected when this technology is used.

Source: Blockchain: Technology alone cannot protect freedom of expression – ARTICLE 19

Aragon, DAOstack, Colony, Moloch

What is a DAO? Here, we take as an (imperfect) definition something simple: “a censorship-resistant means to coordinate the deployment of shared resources towards a shared objective”. The simplest DAO, by this definition, would be a multi-sig wallet, in which individual members can withdraw paltry sums and many members together can withdraw significant sums.While a multi-sig may be sufficient for a group of friends on a backpacking trip, it quickly becomes apparent that for more ambitious objectives requiring the coordination of more resources, additional mechanisms are necessary. How permeable should the boundaries of the organization be? How much influence should any individual have? How can individuals be protected from the bad behavior of others? How easy or difficult is it to participate?For a certain type of person, these questions are irresistible, and it no surprise that many significant projects have emerged in recent years seeking to answer these questions. People frequently ask about the ways in which these projects are similar and different from each other; this essay is a step towards an answer.This commentary is based on my familiarity with these projects and their technical documentation, much of which I have read, as well as conversations with teammates from the various projects.

Source: Aragon, DAOstack, Colony, Moloch

Zorginstituut brengt wettelijke randvoorwaarden blockchain in de zorg in kaart | Nieuwsbericht | Zorginstituut Nederland

‘Blockchain kán een toegevoegde waarde in de zorg hebben, maar wees zorgvuldig’, dat is de overkoepelende conclusie van 2 onderzoeken die Zorginstituut Nederland heeft laten uitvoeren in een verkenning naar de mogelijkheden van het gebruik van blockchain in de zorg.

Source: Zorginstituut brengt wettelijke randvoorwaarden blockchain in de zorg in kaart | Nieuwsbericht | Zorginstituut Nederland