“Despite all the hype about how blockchain will bring unheralded transparency to processes and operations in low-trust environments, the industry is itself opaque.”
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“Despite all the hype about how blockchain will bring unheralded transparency to processes and operations in low-trust environments, the industry is itself opaque.”
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Control addiction, and the fallacy of big data.
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Wüst and Gervais’ paper “Do you need a Blockchain?” is pretty good, but goes a bit far in claiming use cases for blockchains. You’ll basically never need a so-called “permissioned blockchain.”
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And a podcast featuring me and the book.
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Buttcoins are mined by proof of click.
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I tweeted about the Lightning Network, and someone posted it to Reddit /r/btc as “Some old dude raising good questions about LN.” Of course, /r/buttcoin took its turn …
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One billion Tethers! Each and every one backed by a redeemable US dollar, of course, as they state. 800 million of those being loaned out on Bitfinex for margin trading.
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The original version of my 2017 Buttcoin retrospective for CoinDesk, for your amusement.
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The SEC’s action against Munchee is particularly noteworthy for how generic the dodgy ICO in question is.
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Trains as computer science analogy.
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