Read on Twitter
0/ Proof-of-Work versus Proof-of-Stake
Via time analysis (plus stock-and-flow, but not the S2F you're thinking of). https://medium.com/@hugonguyen/work-is-timeless-stake-is-not-554c4450ce18
Via time analysis (plus stock-and-flow, but not the S2F you're thinking of). https://medium.com/@hugonguyen/work-is-timeless-stake-is-not-554c4450ce18
1/ More on Proof-of-Stake
This one via worst-case analysis. https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2
This one via worst-case analysis. https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2
2/ Even more on Proof-of-Stake
You get the idea, I love to dunk on PoS. In my mind they're the modern equivalent of Perpetual Motion believers.
TANSTAAFL. https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb
You get the idea, I love to dunk on PoS. In my mind they're the modern equivalent of Perpetual Motion believers.
TANSTAAFL. https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb
4/ Bitcoin Fundamentals: the Anatomy of Proof-of-Work
My conclusion: PoW is the bridge between the digital and the physical. Magic. https://bitcointechtalk.com/the-anatomy-of-proof-of-work-98c85b6f6667
My conclusion: PoW is the bridge between the digital and the physical. Magic. https://bitcointechtalk.com/the-anatomy-of-proof-of-work-98c85b6f6667
6/ Bitcoin Fundamentals: How Cryptography Redefines Private Property
Ok this one is more serious, and my personal favorite.
Never in history we had a form of private property that is completely independent of jurisdiction or the law. Until now. https://medium.com/@hugonguyen/how-cryptography-redefines-private-property-34cd93d86036
Ok this one is more serious, and my personal favorite.
Never in history we had a form of private property that is completely independent of jurisdiction or the law. Until now. https://medium.com/@hugonguyen/how-cryptography-redefines-private-property-34cd93d86036
8/ My thoughts on ASIC resistance
It's futile. ASICs are great. https://twitter.com/hugohanoi/status/1083756675159322624
It's futile. ASICs are great. https://twitter.com/hugohanoi/status/1083756675159322624
9/ Contemplating on Bitcoin's transition to a fee model
It probably won't be as bad as some people think. I truly think no one knows for certain how things will unfold. The game theoretical stuff gets complicated pretty fast.
Will be interesting to see. https://twitter.com/hugohanoi/status/1153427593477185536
It probably won't be as bad as some people think. I truly think no one knows for certain how things will unfold. The game theoretical stuff gets complicated pretty fast.
Will be interesting to see. https://twitter.com/hugohanoi/status/1153427593477185536
10/ The Ethereum problem
IMHO, Ethereum represents most of what's wrong with the crypto space. It embraces everything Bitcoin shuns, for the wrong reasons.
Short that corn. https://medium.com/@hugonguyen/why-ethereum-architecture-is-flawed-d4eefd15db3e
IMHO, Ethereum represents most of what's wrong with the crypto space. It embraces everything Bitcoin shuns, for the wrong reasons.
Short that corn. https://medium.com/@hugonguyen/why-ethereum-architecture-is-flawed-d4eefd15db3e
11/ On "utility tokens"
Remember, money is the mother of all utilities.
Short that corn even more. https://twitter.com/hugohanoi/status/976261540419534848
Remember, money is the mother of all utilities.
Short that corn even more. https://twitter.com/hugohanoi/status/976261540419534848
13/ More engineering
Not all software are created equal. https://twitter.com/hugohanoi/status/1168578415277965312
Not all software are created equal. https://twitter.com/hugohanoi/status/1168578415277965312
14/ Quantitative Easing: the Great Silent Theft https://twitter.com/hugohanoi/status/1242374094420471809
15/ QE vs. DAA
A one-sided match. It's not even fair. https://twitter.com/hugohanoi/status/1242492773309153281
A one-sided match. It's not even fair. https://twitter.com/hugohanoi/status/1242492773309153281
16/ Money and Violence
A dark topic. The twins of evil. https://twitter.com/hugohanoi/status/973693594128211968
A dark topic. The twins of evil. https://twitter.com/hugohanoi/status/973693594128211968
