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Monthly Archives: February 2017
Mark L. Hopkins: Why did the US Constitution need the Second Amendment? – Harrisburg Daily Register
Posted: February 17, 2017 at 12:59 am
Harrisburg Daily Register | Mark L. Hopkins: Why did the US Constitution need the Second Amendment? Harrisburg Daily Register This preoccupation with the Second Amendment began a few months back when I wrote a column entitled Guns don't kill people. Really? The amount of interest in that topic directed me to do additional research on the subject and every avenue pointed ... Revise Second Amendment |
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ABC News analyst: Trump ‘shutting down’ part of First Amendment by not calling on mainstream outlets – TheBlaze.com
Posted: at 12:59 am
ABC News analyst Matthew Dowd accused President Donald Trump Tuesday of shutting down part of the First Amendment because of his pattern of calling on conservative media outlets at White House news conferences.
Trump has held three news conferences in the last week alone as he welcomed three different world leaders to the White House: Japanese Prime Minister Shinzo Abe, Canadian Prime Minister Justin Trudeau and Israeli Prime Minister Benjamin Netanyahu. The president took two questions from American media at each of those three events, the majority being conservative outlets.
During Trumps joint news conference Friday with Japanss Abe, he called on reporters from the New York Post and Fox Business Network, both of which are owned by conservative media mogul Rupert Murdoch. In his second joint press conference Monday with Canadas Trudeau, Trump answered questions from WJLA-TV, the local ABC affiliate in Washington, D.C., and the Daily Caller. Then, during his appearance Wednesday with Netanyahu, Trump called on the Christian Broadcast Network and Townhall.com.
WJLA-TV is owned by Sinclair Broadcasting, the company with which President Trumps son-in-law, Jared Kushner, struck a deal during the campaign that gave Sinclair stations, many of which were in swing states, more access to then-President-elect Trump, Politico reported.
Trumps decision to force mainstream media outlets to take a back seat caused a number of reporters and analysts at CNN, MSNBC and the three broadcast networks to voice their frustrations on air.
I think theres no other way to describe it but the fix is in, CNNs Jim Acosta said Wednesday, Hot Air reported. This White House, this president does not want to answer questions, critical questions about his associates, his aids contacts with the Russians during the course of that campaign just as his national security adviser is being run out of this White House on a rail.
They may think that this is being cute or they may think that this is strategic in terms of trying to shield the president from questions, but those questions can only be shielded for so long, Acosta added.
Acosta was referring to the New York Times report that members of Trumps campaign were in frequent contact with the Russian government. Namely, a Washington Post report revealed that Gen. Michael Flynn, who Trump named as his national security adviser, had called the Russian ambassador to the U.S. multiple times, which Flynn then lied about to Vice President Mike Pence, a move that ultimately led to Flynns resignation.
Acosta wasnt the only one who took issue with Trumps selection of media outlets, though. Dowd told theABCs George Stephanopolous that by not calling on mainstream media outlets, Trump was shutting down part of the First Amendment.
Noting the strategy behind Trump not calling on mainstream media reporters, Stephanopolous said the White House probably [doesnt] mind the fact that the mainstream press is shouting about it, referring to reporters shouting their questions at Trump he left the room after Thursdays joint news conference with Israels Netanyahu.
But how long can that last? Stephanopolous asked.
Dowd said he was struck by Trump only calling on conservative outlets.
This is two democracies, two important democracies in the world. And basically, the president of the United States is shutting down part of the First Amendment by not taking questions that are in any way antagonistic in this, Dowd said.
I think he thinks relying on his Twitter feed, and sending it out to the millions of people that subscribe to it, and then dealing with very cozy press in this is going to be the way to get through this, Dowd added.
(H/T: Daily Caller)
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Our First Amendment rights are quickly slipping away – The Navigator
Posted: at 12:59 am
To the editor:
The forefathers of our country were very intelligent and insightful people. They were able to see how important freedom of speech and the right to peaceful assembly were to the survival of a democratic government. Both of these ideals were incorporated within the First Amendment.
After watching the riots at Berkeley University over the speaker Yiannopoulos last week, I am highly concerned how easily we are willing to discard the First Amendment.
I listened to some of the students at Berkeley proclaim victory because the speaker was not able to give his presentation. When a student was asked by a reporter if stopping the speaker was not a violation of our freedom of speech as outlined in the Constitution, her reply was that his was not free speech, but hate speech.
I scratch my head and wonder how we have arrived at a point where you are only allowed to speak when other people consent and agree with your point of view. If you do not agree with a presenter, you have options. You can choose to boycott, peacefully assemble to protest or totally dismiss and ignore the ideas of the speaker and go watch a ballgame with some friends.
You are not entitled to keep the presenter from speaking!
The First Amendment, in addition to free speech, also gives you the right of peaceful assembly. It seems that some of the protesters also missed that part of the Constitution. You do not have the right to vandalize ATM machines, break windows, throw bricks, throw firecrackers, spray pepper spray, punch people and set public property on fire. In the name of political correctness, the protesters had the audacity to spray paint fascists on some of the buildings in the riot zone.
Fascisim restricts free speech, yet the protesters wish to restrict who may speak. Now, I ask you who is the real Fascist? One of the core values of a university and its students should be free speech!
When I was principal at ECHS, I had a situation where a group of students had protested the Christian religion in the parking lot. Most of the student body was very upset with this small group.
Concerned, I called the school attorney, who by reputation was one of the top attorneys in the state dealing with school law. He asked me how I felt about what the students had done, and I told him that I as shocked by their actions (Shocked is a school law term). The attorney told me that I had to remember that the First Amendment is not a light switch which can be turned on and off at my or anyone elses discretion. Just because you dont like it, you dont agree with it or you dont consider it politically correct, people are allowed to express their ideas without hindrance.
The wise words of the attorney have stuck with me over the years, and I often think of them during turbulent times and how they apply!
This letter is my First Amendment right to express myself. I thank God that I live in a country that says I have that right..
This issue is not about being a Democrat or Republican. I couldnt give a hoot about this particular speaker, as I am not familiar with his ideas, but I do care about the First Amendment. As a former teacher of the U.S. Constitution, I do recognize that curtailing any aspect of our right to freedom of speech is a slippery slope. The real issue of my concern is that once you start deciding what people can say, where do you stop? Under the guise of political correctness, you now have made yourself judge, jury and executioner of the First Amendment.
A sad epitaph to the Berkeley riot is that the students think they won, but what did they really lose?
Stan Struckmeyer
Albion
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Our First Amendment rights are quickly slipping away - The Navigator
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Court Says Google Has A First Amendment Right To Delist Competitor’s ‘Spammy’ Content – Techdirt
Posted: at 12:59 am
Last summer, a Florida federal court reached some unusual conclusions in a lawsuit filed by SEO company e-ventures, which felt Google had overstepped its bounds in delisting a lot of its links. Google defended itself, citing both Section 230 and the First Amendment. The court disagreed with both arguments.
As to Section 230, the court found that Google's delisting efforts weren't in "good faith." The reason cited was e-ventures' claim that the delisting was in "bad faith." So much for this seldom-used aspect of Section 230: the "Good Samaritan" clause which states no third-party company can be found liable for actions it takes to remove content it finds questionable. And so much for "viewed in the light most favorable to the non-moving party." Apparently, Google's long history of spam-fighting efforts is nothing compared to an SEO wrangler's pained assertions.
The court also said Google had no First Amendment right to handle its search rankings however it saw fit, which is more than a little problematic. While it admitted Google's search rankings were protected speech, its statements about how it handled search engines weren't. And, for some reason, the court felt that Google's ads undermined its First Amendment protections because its desire to turn a profit somehow nullified its "editorial judgment."
It was a strange decision and one that suggested this court might be considering getting into the business of telling service providers how to run their businesses. It also suggested this court believed the more successful the business was, the fewer rights and protections it had. These dubious conclusions prevented Google from having the case dismissed.
Fortunately, this wasn't the final decision. As Eric Goldman points out, last year's denial only delayed the inevitable. After a few more rounds of arguments and legal paperwork, Google has prevailed. But there's not much to celebrate in this decision as the court has (again) decided to route around Google's Section 230 "Good Samaritan" defense.
Regarding 230(c)(2), the court says spam can qualify as harassing or objectionable content (cite to e360insight with a but-see to the Song Fi case). Still, the court says e-ventures brought forward enough circumstantial evidence about Googles motivations to send the case to a trial. By making it so Google cant even win on summary judgment, rulings like this just reinforce how Section 230(c)(2) is a useless safe harbor.
Had it ended there, Google would be still be facing e-ventures' claims. But it didn't. The court takes another look at Google's First Amendment claims and finds that the search engine provider does actually have the right to remove "spammy" links. Beyond that, it finds Google even has the First Amendment right to remove competitors' content. From the order [PDF]:
[T]he First Amendment protects as speech the results produced by an Internet search engine. Zhang v. Baidu.com, Inc., 10 F. Supp. 3d 433, 435 (S.D.N.Y. 2014). A search engine is akin to a publisher, whose judgments about what to publish and what not to publish are absolutely protected by the First Amendment. See Miami Herald Publg Co. v. Tornillo, 418 U.S. 241, 258 (1974) (The choice of material to go into a newspaper . . .whether fair or unfairconstitute[s] the exercise of editorial control and judgment that the First Amendment protects.) The presumption that editorial judgments, no matter the motive, are protected expression is too high a bar for e-ventures to overcome.
And the court walks back its earlier conclusion -- the one that seemed to find profit-motivated "editorial judgment" to be unworthy of First Amendment protections.
Googles actions in formulating rankings for its search engine and in determining whether certain websites are contrary to Googles guidelines and thereby subject to removal are the same as decisions by a newspaper editor regarding which content to publish, which article belongs on the front page, and which article is unworthy of publication. The First Amendment protects these decisions, whether they are fair or unfair, or motivated by profit or altruism.
The case is now dismissed with prejudice which bars e-ventures from complaining about Google's delisting efforts in federal court. e-ventures has gone this far already in hopes of seeing its terms-violating content reinstated, so it will likely attempt to appeal this decision. But it really shouldn't. It's unlikely another set of judges will help it clear the First Amendment hurdle. Not only that, but this area of law should be well-settled by now, as Goldman points out:
Of course Google can de-index sites it thinks are spam. Its hard to believe were still litigating that issue in 2017; these issues were explored in suits like SearchKing and KinderStart from over a decade ago.
The plaintiff was given a long leash by the court, which should have tossed last year. Even with the extra time and the court doings its Section 230 circumvention work for it, e-ventures still couldn't prevail.
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Trump Attacks the First Amendment to Discredit The Facts About His Russian Connections – PoliticusUSA
Posted: at 12:59 am
President Donald Trump used his press conference about his new labor nominee to launch an attack on the First Amendment by blaming the free press for reporting on his campaigns Russia connections.
We need unity, Trump said just minutes before he began launching missiles at the First Amendment from the bully pulpit in an attempt to discredit the source of his Russian connections.
In the East Room of the White House, Trump called for unity and then devolved into a campaign type speech during a press conference that needed to stay on message if it were to work as a pivot. Trump left Alex Acosta behind as he stumbled his way through trying to silence the press.
Many of our nations reporters will not tell you the truth, Trump said. The press is out of control. The level of dishonesty is out of control.
Trump accused reporters of speaking not for the people, but for special interests. The press has become so dishonest.
Trump claimed that Reince Priebus has to put out fake fires.
Asked about Flynn, Trump said he asked for Flynns resignation, but Flynn did nothing wrong, I dont think he did anything wrong. If anything, he did something right.
What went wrong with Flynn wasnt Flynn talking to Russia, it was the medias reporting on Flynns activities, Trump claimed.
Trump claimed the Russia stories were fake news. Later in questioning, Trump tried to explain that the leaks were real but the news is fake because the news is fake.
This was followed up later when Trump claimed that the tone was such hatred. He repeated this again, the tone is such hatred. Fox and Friends are very honorable people But they have the most honest morning show. The tone, the hatred, I mean.
Trump complained about the hatred and venom from almost exclusive anti-Trump people. Trump said, When I go to rallies they start screaming about CNN.
Trump ranted about how the press was publishing classified information, which he said was illegal.
I called, as you know, Mexico All of a sudden, its out there for the world to see. Its classified, Trump claimed, as he tried to build his case for silencing the leaks that are revealing his Russian connections.
Some of the information Trump was talking about was not actually classified, but that isnt even the point since Trump gleefully used leaks that came from a hostile, aggressive foreign country against Hillary Clinton. Trump claimed that was okay because it wasnt classified. He justified Wikileaks saying they didnt publish classified information.
That is also inaccurate.
Trump would not answer the question about whether or not his campaign was in contact with Russia during the campaign. He pivoted, ranted, and moved the goal posts but would not say definitively that they had not.
Trump said he has no loans in Russia and no deals in Russia. He asked if anyone thought Clinton would be tougher on Russia than him. (The answer to that is everyone who is being honest thinks that including most importantly Putin.)
Then Trump pivoted to whining about how no one reported on Hillary Clinton allegedly cheating on debates by a heads up about questions in advance (a thing that Trump also did, according to Megyn Kellys book).
CNNs Jim Acosta pointed out that when Trump calls news Fake news, he is attacking the First Amendment and undermining the free press.
Trump got lost in weeds of trying to explain that hes there, and he wants an honest press. He couldnt actually point out anything inaccurate. Trump kept falling back on the idea that the people dont believe the press anymore, which of course, has been a result of his campaign against the press.
Kelly ODonnell pointed out that Trump actually has good relationships with some journalists, What is hard for public to see @POTUS criticizes media broadly but has some good relationships with journalists he knows.
Trumps press conference was all about how to silence and control the free press because he has no other response to reality.
What Trump doesnt realize is that he has no control over the First Amendment.
Trump attacking the press is meant to make the press the issue, instead of his contacts with Russia. Trump is trying to make the public doubt the reports about his activities with Russia by smearing the sources.
Trump refused to answer what he was going to do about the Russian spy ship off of the coast of Connecticut, claiming he doesnt announce actions in advance of doing them.
Trump doesnt think Putin is asserting himself with that ship. If Trump believes that, Vice President Pence should step in immediately.
Trump attacks the First Amendment at press conference, Trump first amendment, Trump press conference
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Letter to the editor: First Amendment only applies to Americans – The Bakersfield Californian
Posted: at 12:59 am
As surely as the robins of spring and the swallows of Capistrano, the nay-saying critics who regularly cry racism, xenophobia or Islamophobia, to name a few of their favorite charges, come out to condemn the actions and the motivations of those they disagree with. The latest of course, is the so-called Muslim ban which temporarily suspends travelers to the U.S. from seven predominately Muslim countries.
Never mind that the 85 percent of Muslims who don't live in those countries are not affected, including those in Saudi Arabia where, according to some sources, it's because of Trump's business connections there. As these seven countries were also singled out by President Obama we should logically conclude that his exemption of Saudi Arabia was also based on his personal interests, business or otherwise.
As to the claim that this executive order is unconstitutional, I have yet to see an explanation of just which part of our constitution is being violated. Do the critics really believe that our First Amendment is universal to the whole world in its application, rather than, as spelled out in the constitution's preamble, a contract among the citizens of the United States for themselves and their posterity? Only those arrogant enough to believe that the United States should rule and govern the whole world should try to bestow our constitutional rights on that world.
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AFA: Help us urge Trump to protect First Amendment – OneNewsNow
Posted: at 12:59 am
A pro-family organization is encouraging conservative Christians to join its online effort to ask President Donald Trump to defend religious liberty.
A draft memo that outlined a proposed executive order leaked from the White House in early February, ending up in the hands not of religious organizations but homosexual rights groups.
The existence of the memo was first reported by left-wing news website The Nation.
If the content of the memo is true, says a spokesman for homosexual lobby group Human Rights Campaign, the Trump-led White House is poised to "wildly expand anti-LGBTQ discrimination across all facets of government."
"Discrimination" is common left-wing parlance, along with words such as "hate" and "bigotry," for holding traditional views about marriage and sexuality.
What this memo accomplishes, says American Family Association spokesman Walker Wildmon, is prevent the federal government from "encroaching on the First Amendment rights of Americans of faith, and really it would keep the government from coercing people of faith to violate their religious beliefs."
The fate of the memo in coming weeks is unknown, so Wildmon and AFA are asking Christian conservatives to sign their names to an online petition urging President Trump to sign the executive order. The petition has approximately 109,000 signatures.
Writing at The Daily Signal, researcher Ryan Anderson says the memo suggests protecting federal employees from punishment if they hold traditional views about marriage, citing the 1964 Civil Rights Act.
Such an executive order would conflict with the pro-homosexual propaganda of the Obama administration, which pushed such "progressive" views within the Department of Justice, the Pentagon, and other agencies.
Beyond the federal government, Ryan writes, the memo suggestsprotecting the nonprofit status of religious organizations that express views about political issues, marriage and sexuality, and abortion.
In all, Ryan writes, there are 10 suggestions outlined in the memo, many of them rolling back Obama-era executive orders that were applauded at the time by homosexual activists and abortion rights groups.
"The executive order is good, lawful public policy," Ryan suggests in his commentary. "And it makes good on several promisesthen-candidate Trump made to his supporters."
Wildmon says the petition is one way tell President Trump that "amongst the people who elected him, voted him into office, this executive order and things like it are very popular."
American Family Association is the parent organization of American Family News, which includes news website OneNewsNow.
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Most Frequent Cryptocurrency Beginner Questions Part 1 The … – The Merkle
Posted: at 12:56 am
Ever since I began learning about cryptocurrency in 2012 (and more seriously in 2014), I knew that it was going to fundamentally change the way that we think about money, commerce, and contracts. I was surprised by just how few of my friends and colleagues knew what even the most well known coin, Bitcoin, was.
Since then, Ive taken every opportunity to teach others about crypto and make myself available for questions that they have. These are without a doubt the most frequent questions I have heard while talking to newcomers about blockchain based currenciesand how Ive answered them.
So this is fake, Internet money?
One of the most challenging aspects of speaking to people new about Bitcoinis helping them navigate beyond the dichotomy of real vs digital. Since physical cryptocurrency tokens are extremely uncommon, many of those Ive spoken to have a difficult time viewing digital currencyas legitimate. To counter this, I usually question whether they feel the same way about direct deposit checks, credit cards, and online banking. Demonstrating to people that something they already trust and use is virtual as well often helps them realize that cryptos are indeed as real as the assets they already have.
So, how do you get Bitcoins and the other ones?
Acquisition of Bitcoinseems to be a particularly mysterious concept for the cryptocurrencyneophyte. I have found that this is especially true for non-investors. Since most people do not have assets in the form of stock positions or forex positions, the idea of having to buy an asset on an exchange may be foreign to them.
Mining and minting are also an interesting ideas to explain, and understandably so. Telling someone that they can receive money for running a program on a computer usually turns some heads. I do explain that mining is almost entirely not profitable if youre a solo miner or do not have access to free electricity. This means that I often warn individuals from trying to acquire coins in this way and suggest faucets -even though those have all but dried up- to get acquainted with small amounts of coins.
The method of getting coins people are most readily able to understand is payment. Companies and individuals are more than willing to pay for your services in the form of cryptos. Most people are familiar with the concept of paid work, so this is usually the quickest part of my answer to this question.
Isnt Bitcoinfor buying drugs and other dubious goods and services?
Cryptos have been plagued in the past by scandal. Sites on the deep web that accepted cryptos as payment methods gained some attention on news stations when some of those sites were shut down, and they brought crypto under the same scrutinous light. For these reasons, some approach the idea of crypto with trepidation. However, it is easy to explain that Bitcoinjust acts as tender for debts, much like fiat cash. What an individual uses the tender for is not the fault of the currency itself. In fact, many philanthropic endeavors have been funded in part or whole by cryptos as well.
So the next time you are speaking with someone who does not know what cryptocurrency is, or they have a poor understanding of it, keep questions in mind. I hope my experiences and answers better equip you to tackle the questions of new arrivals to the world of cryptocurrency.
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BOScoin, a New Cryptocurrency, Introduces "Trust Contracts" to Overcome the Shortcomings of Ethereum Smart … – Yahoo Finance
Posted: at 12:56 am
SEOUL, South Korea--(BUSINESS WIRE)--
BlockchainOS, a blockchain technology company in Korea, announced the ICO (Initial Coin Offering) of BOScoin* from April 17th, 2017 to May 31st, 2017.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170216005500/en/
BOScoin, the first global cryptocurrency issued in Korea, is a cryptocurrency that utilizes the blockchain, ontology language, and timed automation technologies to solve persistent issues in decentralized systems. BOScoins presale in the domestic market already gathered over 2,000BTC (approximately 2 million USD) during a two month period.
*BOScoin - A congressional decentralized cryptocurrency platform for Trust Contracts based on ontology language and timed automation.
Yezune Choi, the BlockchainOS CTO and General Executive Director, outlines the current state of blockchain, "There are two primary issues that need to be solved in the cryptocurrency and blockchain fields. The first issue is the integrity of the Dapps (Decentralized Applications) on the blockchain. The second issue is the consensus mechanism needed for confirming data on the blockchain and the decision making process for revising policies implemented in the core blockchain algorithm. We have been working on these core problems for over 2 years and are now opening our research to the public.
BOScoin, Trust Contracts and the Congress Network operate on top of the alternative blockchain called OWLchain. By the OWLchains integration of ontology language and timed automata into blockchain, the BOScoin and Trust Contracts will serve as digital currency and smart contract with inherent security assurance. And governance through the Congress Network ensures that adequate proposals on blockchain will be discussed and applied within desired time.
The Currency BOScoin
BOScoin is a fixed supply cryptocurrency that will be issued over the next 141 years. Unlike Bitcoin or Ethereum, BOScoin sends a portion of the coins issued to a public account called the Commons Budget. Coins held in the Commons Budget can be used through the voting system to decide on future BOScoin policies. And since voting right is given to only the node operators who invested in the coin, the funds from the Commons Budget are likely to be used for the betterment of the coin.
The Currencys Programming Framework Trust Contracts
Trust Contracts are pre-defined programs or rules that users can create. Similar to Ethereum, the BOScoin team is also aiming to create a general purpose language on top of the blockchain so anyone can write, upload, and execute contracts. However, BOScoins approach is technically different from Ethereum. The BOScoin team believes security is the most important principle for smart contracts on the blockchain. As decentralized systems become more complex, these systems are bound to make mistakes and break. The failure of DAO project from Ethereum is the exact case of it.
BOScoin Team believes in importance of being cautious when dealing with digital assets. This is the reason they carefully selected the Web Ontology Language (OWL) and TAL, the timed automata language, for the development of Trust Contracts. By using OWL and TAL for building contracts, due to the nature of the languages, the Trust Contracts can be mathematically proven to be trustworthy and operate without any unintended consequences.
Decision Making System Congress Network
The Congress is the governance system inside the BOScoin platform. Many decentralized organizations suffer from a poor decision making process. This is why in BOScoin, all node operators are given a vote to decide on how to distribute the Commons Budget. With this vote, node operators can accept or deny proposals brought up from within the community. Anyone can make proposals for using BOScoin. BOScoin believes this kind of democratic system is key to sustaining and growing BOScoin.
Learn more about the BOScoin ICO at https://boscoin.io .
Related Links
Whitepaper :
http://www.boscoin.io/wp-content/uploads/2017/02/boscoinwhitepaperv20170202.pdf
Bitcointalk : https://bitcointalk.org/index.php?topic=1759662.msg17777617#msg17777617
Slack : https://boscoin.slack.com
Facebook : https://facebook.com/boscoinio
Twitter : https://twitter.com/boscoin_ico
Reddit : https://www.reddit.com/r/boscoin
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BOScoin, a New Cryptocurrency, Introduces "Trust Contracts" to Overcome the Shortcomings of Ethereum Smart ... - Yahoo Finance
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BOScoin, a New Cryptocurrency, Introduces Trust Contracts to Overcome the Shortcomings of Ethereum Smart … – Blockchain News
Posted: at 12:56 am
BlockchainOS, a Blockchain technology company in Korea has announced its doing an Initial Coin Offering (ICO) of BOScoin from April 17th, 2017 to May 31st, 2017.
BOScoin, is the first global cryptocurrency issued in Korea, utilises the Blockchain, ontology language, and timed automation technologies to solve persistent issues in decentralized systems. BOScoins presale in the domestic market already gathered over 2,000BTC (approximately 2 million USD) during a two month period.
BOScoin A congressional decentralized cryptocurrency platform for Trust Contracts based on ontology language and timed automation.
Yezune Choi, the BlockchainOS CTO and General Executive Director, outlines the current state of Blockchain:
There are two primary issues that need to be solved in the cryptocurrency and Blockchain fields. The first issue is the integrity of the Dapps (Decentralized Applications) on the Blockchain. The second issue is the consensus mechanism needed for confirming data on the Blockchain and the decision making process for revising policies implemented in the core Blockchain algorithm. We have been working on these core problems for over 2 years and are now opening our research to the public.
BOScoin, Trust Contracts and the Congress Network operate on top of the alternative Blockchain called OWLchain. By the OWLchains integration of ontology language and timed automata into Blockchain, the BOScoin and Trust Contracts will serve as digital currency and smart contract with inherent security assurance. And governance through the Congress Network ensures that adequate proposals on Blockchain will be discussed and applied within desired time.
The Currency BOScoin
BOScoin is a fixed supply cryptocurrency that will be issued over the next 141 years. Unlike Bitcoin or Ethereum, BOScoin sends a portion of the coins issued to a public account called the Commons Budget. Coins held in the Commons Budget can be used through the voting system to decide on future BOScoin policies. And since voting right is given to only the node operators who invested in the coin, the funds from the Commons Budget are likely to be used for the betterment of the coin.
The Currencys Programming Framework Trust Contracts
Trust Contracts are pre-defined programs or rules that users can create. Similar to Ethereum, the BOScoin team is also aiming to create a general purpose language on top of the Blockchain so anyone can write, upload, and execute contracts. However, BOScoins approach is technically different from Ethereum. The BOScoin team believes security is the most important principle for smart contracts on the Blockchain. As decentralized systems become more complex, these systems are bound to make mistakes and break. The failure of DAO project from Ethereum is the exact case of it.
BOScoin Team believes in importance of being cautious when dealing with digital assets. This is the reason they carefully selected the Web Ontology Language (OWL) and TAL, the timed automata language, for the development of Trust Contracts. By using OWL and TAL for building contracts, due to the nature of the languages, the Trust Contracts can be mathematically proven to be trustworthy and operate without any unintended consequences.
Decision Making System Congress Network
The Congress is the governance system inside the BOScoin platform. Many decentralized organizations suffer from a poor decision making process. This is why in BOScoin, all node operators are given a vote to decide on how to distribute the Commons Budget. With this vote, node operators can accept or deny proposals brought up from within the community. Anyone can make proposals for using BOScoin. BOScoin believes this kind of democratic system is key to sustaining and growing BOScoin.
Learn more about the BOScoin ICO at https://boscoin.io .
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BOScoin, a New Cryptocurrency, Introduces Trust Contracts to Overcome the Shortcomings of Ethereum Smart ... - Blockchain News
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