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Tag Archives: Trustless

Why a Decentralized Currency Without Governance Isn’t Trustless

A major selling point of cryptocurrencies is their purported trustless nature: you don’t have to trust any one person or entity in order to use them. Generally speaking, most cryptocurrencies employ a trustless and permissionless model. However, most also lack an effective governance mechanism. While some old-school crypto fans may think that governance is optional, in reality it’s the only ...

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Wells Fargo’s Malfeasance Makes Case for Decentralized and Trustless Bank Alternative

Wells Fargo is being sued by a former employee who alleges that Wells Fargo deliberately choose to shut down the accounts of those whom complained of fraud rather than properly investigate claims “under the pretext of a ‘business decision’”. Matthew Valles is the former employee bringing suit and also claims that he was wrongfully “fired in retaliation for his complaints ...

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Ethearnal Launches ICO 2.0 #DAICO for a Trustless, Smart Contract Based P2P Freelance System

January 15, 2018, Kowloon, Hong Kong – Ethearnal has decided to put up its Initial Coin Offering (ICO) to provide investors an opportunity to monetize and benefit from a full-fledged P2P freelance system. The company is planning to launch the ICO 2.0 offering in January 2018. Ethearnal is a peer-to-peer freelance platform developed with the aim to serve as a ...

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