Axiais

funny how many big brains work in crypto and after 16 years the most successful application is: the dollar on a blockchain

Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile. Cash turns out necessary as a backup. Ethereum needs to be resilient enough, and private enough, to be able to credibly play this kind of role. theguardian.com/technology/202…

Smart cycles …🧵

@RenIsLyfe @dopetard @hashflownetwork @renprotocol This is interesting but unless there’s a good degree of decentralization I don’t see why it’s any better than ripple or binance dex where all nodes are run by the same entity and therefore centralized. What Hashflow is proposing doesn’t require a bitcoin token issuance.

@RenIsLyfe @dopetard @hashflownetwork @renprotocol Last I remember, Renvm was using Shamir scheme to distribute the secret required to spend the BTC on bitcoin blockchain among several nodes and then using those locked funds to issue a btc token.

Chart from fall 2014, when Bitcoin was $300, predicted price of $10k for today —Nov 22nd, 2017. We're at $8,000. Next milestone on chart: $100k in summer 2021.

@danfinlay @VitalikButerin @bascule github.com/cryptosphere/c…

@danfinlay @VitalikButerin @bascule "ShadowTrees allow a mostly-untrusted party to perform repair service on encrypted data without revealing contents or tamper data"

Updated: great math model of several important aspects of Bitcoin. A better way to reason about blockchain security. eprint.iacr.org/2014/765

Some of the most important books I’ve read: en.wikipedia.org/wiki/The_Selfi… en.wikipedia.org/wiki/Metaphors… en.wikipedia.org/wiki/The_Wealt… en.wikipedia.org/wiki/The_Fatal…

Someone held up a 'buy bitcoin' sign during Yellen's testimony to Congress cnb.cx/2uj4Xvl

New video! Ever wonder how Bitcoin (and other cryptocurrencies) actually work? youtu.be/bBC-nXj3Ng4

I agree, though I have a strong preference for cryptographic smart contract architectures (such as UTXO) over computational smart contracts… twitter.com/VitalikButerin…

1. I absolutely do not wish ill on bitcoin, and I hope that it continues to prosper. Satoshi *is* after all the father of cryptoeconomics.

1. This is me socially precommitting that I will not be an advisor for future ICO projects.

Vinay Gupta's presentation of blockchains to the European Parliament has too many good quotes to fit in a tweet europarl.europa.eu/news/en/news-r…

"Computers are mostly used against people instead of for people; used to control people instead of to free them; Time to change all that …"