Ep232: Tether Hack, Ethereum and Casper, Darren is back from Hong Kong

Tether was hacked losing some 30 Million USDTether and 5 Bitcoin to a wallet address connected to the 2015 hack of BitStamp. We discuss the future of money and what a Tether implosion could mean for the crypto market. Darren was in Hong Kong this past week for a work session with the DASH core team. He talks about the experience. Vlad Zamfir releases a first look at possible Casper Proof-of-Stake code.

Stream this podcast episode:
or Direct Download this episode as an MP3 – Neocash Radio cryptocurrency podcast ep232

Tune in to Neocash Radio every Wednesday night and

Subscribe to the Neocash Radio podcast
on iTunes/ Soundcloud/ Stitcher/ YouTube/ Google Play & iHeartRadio!
We’re also on Tunein, Player.FM, Overcast.FM, Podcast Addict, Blubrry, LBRY and more!

Traditional Financial Markets Cryptocurrency Markets
Gold $1,292 SegWit (SW) $8,189
Silver $17.13 Ethereum (ETH) $369
Oil $58.01 DASH $584
Dow Jones 23,526 points Litecoin (LTC) $71.40
30Y UST Yield 2.743% Bitcoin Cash (BCC) $1314

Tether Suffers a Hack Connected to BitStamp Hack of 2015

A hacker linked to the 19000BTC hack of BitStamp in 2015 has stolen more than 30 Million USDT and 5BTC this past week. Tether promptly deplyed a software update to exchanges that muted the stolen Tethers.

Darren tells of his travels with the Dash Core team.

Initial version of Ethereum Casper POS released by Vlad Zamfir

The code – following its presentation at the Devcon3 event in Cancun earlier this month – aims to fundamentally rework how blocks are created and propagated on the ethereum network. It’s actually one of two simultaneous bids to develop code for Casper, with the other arm being spearheaded by network creator Vitalik Buterin.

Zamfir’s take on Casper comes several days after the publication of a white paper, titled “Casper the Friendly Ghost.”

The paper focuses on “correct-by-construction consensus protocols,” seeking to simplify how blockchains achieve consensus in a “partially synchronous network.” In other words, it’s trying to reduce the overall complexity of the blockchain.

This approach differs from Buterin’s own white papers on the upgrade. Buterin had previously released a three-part explanation of how his vision of Casper would operate.

Leave a Reply

Your email address will not be published. Required fields are marked *