[Exploring the Ethical Labyrinth of Investment and Advocacy: The SilkRoad Case Study]

Exploring the Ethical Labyrinth of Investment and Advocacy: The SilkRoad Case Study

This article navigates the complex moral and ethical landscape illuminated by the interconnected narratives of Tim Draper, a resilient venture capitalist with a profound belief in the potential of Bitcoin, and Ross Ulbricht, the enigmatic creator behind the Silk Road.

https://bitcoinmagazine.com/culture/from-dungeons-to-bitcoin-billions-navigating-the-ethical-labyrinth-of-tim-draper-and-ross-ulbricht

In the complex intersection of ethics, investment, and advocacy, the case of Silk Road stands out as a beacon for nuanced discussion. Our latest op-ed delves into the realms of privacy, philanthropy, and public support, shedding light on the intricate dynamics at play.

Tim Draper's vocal support for the #FreeRoss campaign is commendable, yet the specifics of any financial contributions remain shrouded in mystery. This strategic discretion raises questions about navigating potential government scrutiny while championing a cause publicly. Is there a balance to be struck between advocacy and privacy?

The importance of amplifying the #FreeRoss campaign cannot be overstated. With Draper's history of support, endorsing the petition aligns with our collective pursuit of justice. Your voice matters, and together, we can make a significant impact. Sign the petition and join the movement.

[Link to petition - https://www.change.org/p/clemency-for-ross-ulbricht-condemned-to-die-in-prison-for-an-e-commerce-website]

Furthermore, the speculation around whether Draper reinvested the Bitcoin acquired from Silk Road into new ventures adds another layer of intrigue to this ethical conundrum. How would such actions influence your perspective on the ethical investing debate?

Let's engage in this critical conversation. Your thoughts and insights are invaluable as we navigate the ethical labyrinth of investment and advocacy.

Transaction ID details for the curious: 9e95c3c3c96f57527cdc649550bf8e92892f7651f718d846033798aee333b0c3

[Lightning Network User Reportedly Loses 4 Bitcoin: What Happened]

Lightning Network User Reportedly Loses 4 Bitcoin: What Happened

Dr. Darren Tapp Research Assistant Professor at Arizona State University Blockchain Research Lab explains what happened to the users reported loss of 4 Bitcoin when using the Lightning Network.

A Lightning Network user reportedly lost 4 Bitcoin, but don’t call it weird.

The original design of Bitcoin had a user submit a transaction to any node. That node would share the transaction around the whole network, and the transaction would almost always be included in a block that is secured with proof of work. Subsequent blocks would be found, each one increasing the amount of work needed to reverse the payment. This setup created an abstractly beautiful game theoretic solution where a bad actor would have incentive to support the network instead of attack the network. In the literature we have called information that is included in a block as part of a growing blockchain to be under a Nakamoto Consensus.

The Lightning Network supports metadata associated to the blockchain, though this metadata is not secured by a Nakamoto Consensus. In theory, this metadata could be secured and updated on chain from time to time. In practice, this can be costly/difficult due to on chain restrictions of Bitcoin.

How the Lightning Network works

Read more - https://dashnews.org/lightning-network-user-reportedly-loses-4-bitcoin-what-happened/

[Can Bitcoin Survive “China Mining Pool Attack” Without ChainLocks?]

Can Bitcoin Survive “China Mining Pool Attack” Without ChainLocks?

Bitcoin may be vulnerable to an attack on mining pools based in China despite a decentralized enough hashpower, giving credence to technology like Dash’s ChainLocks even for large hashrate coins.

Read more - https://dashnews.org/can-bitcoin-survive-china-mining-pool-attack-without-chainlocks/

[Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes]

Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes

Mixed private bitcoin and cryptocurrency transactions are largely not for nefarious purposes says blockchain analysis firm Chainalysis.

During a recent webinar, blockchain analysis firm Chainalysis weighed in on Bitcoin transactions sent to mixers, services that jumble funds together to obscure their origin and preserve the privacy of the sender. The largest source of funds sent to mixers at 40% is allegedly exchanges, representing verified users withdrawing their funds, likely pursuing greater privacy.

Read more - https://dashnews.org/chainalysis-reports-most-cryptocurrency-mixed-for-personal-privacy-not-illicit-purposes/

[Bitcoin Lightning Network Statistics Show Signs of Stalling]

Bitcoin Lightning Network Statistics Show Signs of Stalling

The Bitcoin Lightning network has shown signs of lost momentum across several statistical metrics.

According to several key metrics pulled from BitcoinVisuals, the Lightning network, Bitcoin’s main off-chain transaction solution touted as a potential remedy to scaling issues, appears to have lost momentum in growth and maturity. It terms of number of active nodes the network experienced consistent growth in the first part of this year, growing from 2,329 at the beginning of the year to 4,120 at the beginning April, approximately a 77% growth over those three months. As of August 19th, the node count stands at 4,744, a much more modest 15% growth over a 50% longer timeframe.

Read more - https://dashnews.org/bitcoin-lightning-network-statistics-show-signs-of-stalling/

[Why Crypto Has a Conflict of Interest Problem, and How to Fix It]

Why Crypto Has a Conflict of Interest Problem, and How to Fix It

The idea of “free” and “no one owns it” aren’t how the real world works

Read more - https://dashnews.org/why-crypto-has-a-conflict-of-interest-problem-and-how-to-fix-it/

[Real Anarchists Don't Destroy, They Create. Click here or the image below to visit offer.]

Real Anarchists Don't Destroy, They Create. Click here or the image below to visit offer.