- Bitfinex employee Chris Ellis has been tweeting every day for months. He had a warrant canary in his Twitter biography, apparently an NDA canary (archive) — to say that there was nothing he wanted to discuss to the public but couldn’t because of a non-disclosure agreement. He’s stopped tweeting, and the warrant canary has disappeared. When asked about it, Chris talked about other stuff. I’m sure it’s all fine.
@MrChrisEllis Take the job. But first put in place some kind of alert canary in case of NDA turning out to be a problem. Congratulations!
— WeAreSatϕshi (@sovereignmonkey) November 26, 2016
Bitfinex printed more USDTs in 16 hours than xbt futs (institutions) traded in volume for the entire week. That should give you some scope on what's going on. Wall St. is up against crypto printing presses.
— Silver Watchdog (@Silver_Watchdog) December 16, 2017
- Companies who aren’t IBM are not so keen on Hyperledger any more, “according to slides titled ‘member attrition’ from a board meeting presentation held on Friday.” Note the important point: “Despite the excitement, blockchain is not yet used to run any large scale projects.”
- CryptoKitties has shown Ethereum to be less than reliable as a public utility, and even Kik considers it not up to snuff for their centralised “cryptocurrency.” They plan to use Stellar instead, probably.
- The first thing to do when someone has a successful blockchain project is to copy it. So bring on the CryptoKitties clones! The standard is ERC-721: Non-Fungible Token Standard — how to manage virtual objects that are part of one contract but aren’t interchangeable.
- If you have a cryptocurrency stash you can’t cash out, send it to the Internet Archive. They’re presently set up for Bitcoin, Bitcoin Cash and Zcash. You can also send bitcoins to Wikimedia and Mozilla.
- A report on trying to buy something with bitcoins on Coinbase: Decided to spend some old bitcoin. 12 hours 0 confirms. Transaction expired. Coins still on their way.
- I like Matt Levine’s summary of Bitcoin from late November: Bitcoin is finance, distilled. “There are no fundamentals, no cash flows or price-earnings ratios, to evaluate. It is pure speculation about speculation, a Keynesian beauty contest where all the pictures are blank.” Bitcoin’s greatest legacy will be as an example for later textbooks.
- Simply put, Bitcoin is dream gold, extracted from a fantasy numbers mine that can somehow be exchanged for actual money. It’s incredibly straightforward.
@davidgerard apparently my mailman was interested in the secrets of attack of the 50 foot blockchain. pic.twitter.com/pF5BHxw2vD
— Krisslona Sykurwyn (@krisslona) December 15, 2017
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