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VeradiVerdict - Zero-Knowledge Proof - Issue #11

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Hi, I am Paul Veradittakit, a Partner at Pantera Capital, one of the oldest and largest institutional
 
November 13 · Issue #11 · View online
VeradiVerdict
Hi, I am Paul Veradittakit, a Partner at Pantera Capital, one of the oldest and largest institutional investors focused on investing into blockchain companies and cryptocurrencies. I focus on early investments and want to share my thoughts and what’s going on in the industry in this weekly newsletter.

View and comment this newsletter on Medium

Editorials
We recently participated in series A of StarkWare Industries. We also led their seed round where Ethereum founder Vitalik Buterin participated. Our co-investors in series A include Paradigm, Sequoia and Consensys. StarkWare works on commercializing STARK zero-knowledge proof system, which was designed to improve scalability and privacy in blockchains.

To achieve that, this system will manage to help public blockchain networks to hide information while maintaining computational integrity. This feature was only available to privacy-centric blockchains like Zcash and Monero. In fact, StarkWare’s chief scientists were also founding scientists at Zcash.

In addition to this privacy feature that could be turned on and off, StarkWare also provides a unique feature to public blockchains, compressing large data sets into using its full proof stack with both software and hardware. The team is now focusing on what they do best, working to integrate their technology with public blockchains. They are not doing an ICO, and will trade their tech for existing tokens.

Advocates like Vitalik have spoken positively about the technology in the past. He was an investor in the project, and hinted that such a system could be deployed on top of “Ethereum 3.0.”
Digests
A New Model For Token Distribution - Multicoin Capital
The Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue
In the Tweets
Jake Chervinsky
0/ The SEC took its first shot at an unregistered crypto exchange today, charging the founder of EtherDelta with a violation of the federal securities laws.

So much to unpack. I know I'm late to the party, but here are my thoughts on what happened & what it means.

Thread. 👇
6:27 PM - 8 Nov 2018
nic carter
The BCH split is entertaining because it brings the BCH faction's hypocrisies to bear.

"forking is governance!" – enjoy your fork
"only hash power matters" – so you'll support SV if it wins then?
"big blocks at all costs" – so you'll support SV (128 mb) over ABC (32 mb)?
4:12 AM - 12 Nov 2018
Eric van Miltenburg
"Regulatory clarity has a huge ability to drive digital asset and blockchain adoption" @bgarlinghouse and @IMFNews’ Ross Leckow talk #blockchain opportunities for ASEAN financial institutions. #SGFinTechFest https://t.co/5BCuh1QC9F
2:29 AM - 12 Nov 2018
News
Combined Class-Action Lawsuit Against Ripple Moves to Federal Court
Venezuela to Present Petro Crypto to OPEC as a Unit of Oil
Cryptocurrency Exchange Giant Binance Launches Research Division
Cities in China are Using Blockchain to Track Parolees
$43 Million in Bitcoin Trades Help Square Beat Q3 Earnings Estimates
Regulations
SEC Charges EtherDelta Founder Over ‘Unregistered Securities Exchange’
Singapore’s Central Bank, SGX Develop Blockchain Settlement System
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
New Products and Hot Deals
'GoodDollar': eToro CEO's New Project Will Use Crypto to Fight Poverty
Hackers Exploit Tracking Service to Infiltrate Bitcoin Exchange Gate.io
Meet with Me
I will be traveling this fall for certain events, and to meet with investors. Let me know if you and your colleagues would like to meet in person.

Macau, Sora Summit, November 13
Miami, November 20
Los Angeles, November 21
New York, Consensus Invest, November 27
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