Read on Twitter
0/ Proof-of-Work versus Proof-of-Stake
Via time analysis (plus stock-and-flow, but not the S2F you& #39;re thinking of). https://medium.com/@hugonguyen/work-is-timeless-stake-is-not-554c4450ce18">https://medium.com/@hugonguy...
Via time analysis (plus stock-and-flow, but not the S2F you& #39;re thinking of). https://medium.com/@hugonguyen/work-is-timeless-stake-is-not-554c4450ce18">https://medium.com/@hugonguy...
1/ More on Proof-of-Stake
This one via worst-case analysis. https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2">https://medium.com/@hugonguy...
This one via worst-case analysis. https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2">https://medium.com/@hugonguy...
2/ Even more on Proof-of-Stake
You get the idea, I love to dunk on PoS. In my mind they& #39;re the modern equivalent of Perpetual Motion believers.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😛" title="Face with tongue" aria-label="Emoji: Face with tongue">
TANSTAAFL. https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb">https://medium.com/@hugonguy...
You get the idea, I love to dunk on PoS. In my mind they& #39;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">https://medium.com/@hugonguy...
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">https://bitcointechtalk.com/the-anato...
My conclusion: PoW is the bridge between the digital and the physical. Magic. https://bitcointechtalk.com/the-anatomy-of-proof-of-work-98c85b6f6667">https://bitcointechtalk.com/the-anato...
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">https://medium.com/@hugonguy...
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">https://medium.com/@hugonguy...
8/ My thoughts on ASIC resistance
It& #39;s futile. ASICs are great. https://twitter.com/hugohanoi/status/1083756675159322624">https://twitter.com/hugohanoi...
It& #39;s futile. ASICs are great. https://twitter.com/hugohanoi/status/1083756675159322624">https://twitter.com/hugohanoi...
9/ Contemplating on Bitcoin& #39;s transition to a fee model
It probably won& #39;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">https://twitter.com/hugohanoi...
It probably won& #39;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">https://twitter.com/hugohanoi...
10/ The Ethereum problem
IMHO, Ethereum represents most of what& #39;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">https://medium.com/@hugonguy...
IMHO, Ethereum represents most of what& #39;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">https://medium.com/@hugonguy...
11/ On "utility tokens"
Remember, money is the mother of all utilities.
Short that corn even more. https://twitter.com/hugohanoi/status/976261540419534848">https://twitter.com/hugohanoi...
Remember, money is the mother of all utilities.
Short that corn even more. https://twitter.com/hugohanoi/status/976261540419534848">https://twitter.com/hugohanoi...
13/ More engineering
Not all software are created equal. https://twitter.com/hugohanoi/status/1168578415277965312">https://twitter.com/hugohanoi...
Not all software are created equal. https://twitter.com/hugohanoi/status/1168578415277965312">https://twitter.com/hugohanoi...
14/ Quantitative Easing: the Great Silent Theft https://twitter.com/hugohanoi/status/1242374094420471809">https://twitter.com/hugohanoi...
15/ QE vs. DAA
A one-sided match. It& #39;s not even fair. https://twitter.com/hugohanoi/status/1242492773309153281">https://twitter.com/hugohanoi...
A one-sided match. It& #39;s not even fair. https://twitter.com/hugohanoi/status/1242492773309153281">https://twitter.com/hugohanoi...
16/ Money and Violence
A dark topic. The twins of evil. https://twitter.com/hugohanoi/status/973693594128211968">https://twitter.com/hugohanoi...
A dark topic. The twins of evil. https://twitter.com/hugohanoi/status/973693594128211968">https://twitter.com/hugohanoi...
