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Bitcoin [BTC] proponent Antonopoulos says borderless censorship resistant form of identity is dangerous

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Bitcoin's [BTC] has always been riddled with "censorship" issues. The community has time and again argued for "censorship-resistant" blockchains. A major crypto luminary and Bitcoin [BTC] proponent, Andreas Antonopoulos stated that identity is very tricky and is a social construct that is similar to money but with "some important nuances". In a recent talk session, when asked if Bitcoin would someday offer an "open borderless censorship resistant form of identity", Antonopoulos responded,  "identity is very very tricky, because identity isn't a singular thing, identity is a fractal it's a multi-dimensional fractal that depending on which aspect of human identity you look at you can separate one aspect of. Identity and if you look at each one of those, they're composed of other smaller and all the way down to infinity." According to Antonopoulos, it is premature to be dealing with identity at this point. He said that there are a lot of projects that have sought to try the address the identity issue. He termed that it is the most dangerous part and stated out the reason that these projects "were applying a very mechanistic view of human behavior". He further pointed out that without ethics, technology is dangerous. And when it comes to the identity or any other social construct where human behavior, ethics becomes a very important factor, Antonopoulos cited.
Source: Pixabay

The largest cryptocurrency by market cap, Bitcoin [BTC] has always been riddled with “censorship” issues. The community has time and again argued for “censorship-resistant” blockchains. A major crypto luminary and Bitcoin [BTC] proponent, Andreas Antonopoulos stated that the identity is very tricky and a social construct which is similar to money, but with “some important nuances”.

In a recent talk session, when asked if Bitcoin would someday offer an “open borderless censorship resistant form of identity”, Antonopoulos responded,

“identity is very very tricky, because identity isn’t a singular thing, identity is a fractal it’s a multi-dimensional fractal that depending on which aspect of human identity you look at you can separate one aspect of. Identity and if you look at each one of those, they’re composed of other smaller and all the way down to infinity.”

According to Antonopoulos, it is premature to deal with identity at this point. He said that there are a lot of projects that have sought to address the identity issue. He termed it as the most dangerous part and stated that these projects “were applying a very mechanistic view of human behavior”.

He further pointed out that without ethics, technology was dangerous, and that when it came to identity or any other social construct of human behavior, ethics became a very important factor, Antonopoulos said.





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Chayanika holds a Journalism degree and is currently working with AMBCrypto. She is inquisitive about everything that the Blockchain Technology has to offer.

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Binance Chain testnet undergoes ‘Galileo’ update via hardfork; mainnet to follow suit

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Binance Chain testnet to receive 'Galileo' update via a hardfork; mainnet to follow soon
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Binance Chain’s testnet underwent a hardfork today at block height 24,020,000, at around 2019/06/26 7:00 AM (UTC). The new update will have various bug fixes, improvements to the existing chain, and is expected to improve on-chain performance.

The new announcement details all the features the new update will include for DEX users, or any exchanges that list BNB, or run a client. The BNB blockchain will provide validators access to create a “delist protocol” and vote on delisting trading pairs that have very little volume for a long time via governance.

The Galileo update will also provide a “Time Locking” feature for token assets, while also improving the Match Engine in Binance DEX, which according to the blog is “not optimized in some cases.” The complete list of changes is available for users to read in the changelog.

The testnet changes will be followed by changes on the mainnet. The blog added,

“Binance Chain Mainnet will also be undergoing an upgrade a few weeks later (please stay tuned with the later announcement).”

Additionally, Binance also announced the launch of Binance 2.0 for everyone, which also includes the margin trading feature on Binance. The Binance 2.0 has the website revamped, with the old one being decommissioned soon.

While some users complained that there were problems depositing USDT, others complained that margin trading feature was still not available.

A Twitter user, @rallyqt, commented,

“- Galileo upgrade
– Margin
– Binance stable coin
– Binance DEX
Keep building & piecing the Binance ecosystem together! 🧩
@cz_binance, how many users signed up for Binance this year? Alt fomo season starts when exchanges have to temp close due to an influx of users haha 😉😊”

CZ replied,

“We have increased our registration capacity in anticipation of this, a year ago. It should work, in theory, let’s see what happens. 😂
Registrations are definitely picking up speed.”





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