This is a paper written by Alex Mizrahi on Steemit, about the unfairness of rewards in Steem curation. Alex Mizrahi proposes more fair solutions to the rewards of the users, such as rewarding them in relation with their steem power, making the distribution more proportional.
For any kind of a high-value property (real estate, cars, art) it is important to have accurate records which identify the current owner and provide a proof that he is indeed the owner. From the point of view of a computer security expert, currently people have to rely on a trusted third party. E.g. a government agency might be responsible for keeping track of ownership information. Sometimes, these records are not preserved in a systematic way. Is it possible to keep track of property ownership through some kind of a distributed system which won't rely on trust? What would it require? This paper shows our idea of using colored-coins for this purpose.
This is a paper by Iddo Bentov, Ariel Gabizon at the Computer Science Department of Technion University, and Alex Mizrahi. The authors examine pure Proof of Stake protocols for decentralized cryptocurrencies in which the participants do not need to deplete physical scarce resources. This work includes both a critique of existing cryptocurrency protocols of the PPC/NXT kind, as well as an analysis of novel pure Proof of Stake protocols that seek to mitigate the problems that the existing protocols suffer from.
This is a paper written by Iddo Bentov, together with Litecoin founder Charlie Lee, Alex Mizrahi, and Meni Rosenfeld, chairman of the Israeli Bitcoin Association. The authors analyse a hybrid between Proof of Work and Proof of Stake as a remedy against possible future attacks on Bitcoin.
In this reddit post from 2011 Alex Mizrahi outlines an idea similar to Sidechains. He proposes a block chain called HubCoin which runs in parallel to BitCoin.
Solving scalability and upgrade path problems through multiple block chains
With colored coins any asset issuer can outsource many of their basic responsibilities to the relatively cheap and secure Bitcoin block chain. With a second hand market, we can end ticket scalping.
Bitcoin could put ticket scalpers out of business.
The last years we have seen several cases of people loosing money due to bad security. Early 2013 Alex Mizrahi warns about bitcoin security issues in this post, and mentions web wallets as one issue.PSA: Please do not invite non-tech-savvy users to use Bitcoin: It is very likely that their Bitcoins will get stolen.
The concept of Frozen Coin, a way to use bitcoin to prevent Sybil attacks, prevent spam, do a rating system and even a "twitter for the wealthy."
Usually colored coins are described as a simple asset transfer/ownership tracking system which lacks capabilities for advanced "smart contracts". This is largely true. But our idea for Functional Colored Coins and Hybrid Consensus provides an innovative solution.
Alex Mizrahi is an expert programmer who has been a contributor to the cryptocurrency research&development community since 2011:
- Bitcointalk forum posts
- Github code
- Academic papers: Why Steem curation reward is needlessly unfair and how to fix it, Proof of Activity, Cryptocurrencies without Proof of Work
Iddo Bentov is a researcher whose PhD thesis is about Bitcoin and cryptography, and he has participated in the cryptocurrency community since 2011:
- Bitcointalk forum posts
- Academic papers on cryptocurrency protocols: Proof of Activity, Cryptocurrencies without Proof of Work
- Academic papers on secure multiparty computation using cryptocurrencies: How to Use Bitcoin to Design Fair Protocols, How to Use Bitcoin to Incentivize Correct Computations, How to Use Bitcoin to Play Decentralized Poker
- Talk on deterministic wallets