Similar projects in the US take years and cost billions of dollars. We aren't even talking about 2-3X better, China is >100X better in terms of speed. They can build a train station in one day while it takes years in the Bay Area. projects.sfchronicle.com/2019/bay-area-…
In a trade war world, economically demilitarized zones may become more valuable. All else being equal, a company in Singapore that can raise from both Chinese and Western investors — while avoiding the hassle of both governments — may outcompete one that can’t. twitter.com/matthuang/stat…
"Crypto conferences have become investable events following a set pattern of promotion, in which awareness and sentiment for tokens increases in the preceding weeks." hackernoon.com/are-conference… via @KatieTalati @hassanbassiri
In other words, crypto conferences are not optional junkets for people to take a holiday. They are the way decisions get made, deals get done, and relationships get solidified. They have a tangible value particularly in crypto-land.
@avesegal Bill Gates noted that from 2011-2013, China used more cement than the US used in the entire 20th century. Numbers like this aren't everything, but (if the stats hold up) they are definitely something. gatesnotes.com/About-Bill-Gat…
@jenvalentino @aruneshmathur @jonathanmayer @ineffablicious @graydesign @harrybr Not all dark patterns are illegal, but they are nonetheless problematic because they are intended to prey on our cognitive limitations and weaknesses. In our paper we mapped each pattern to the corresponding cognitive bias from the psychology literature.
While reading Masters of Doom and How the Internet Happened, I was thinking about how amazing it was for those who were part of such an innovative time. It's cool we are currently living our own version with crypto and books about these efforts will be read by later generations.
Lots of spec BTC overbought. Prob true. But when emerging assets get new media and investor attention "normal" often doesn't apply. Two scenarios: 1) Move higher continues, frustrating sideline $ and shorts 2) Quick shakeout that sideliners see as last chance, so sharp rebound.
1/ It’s 2019, nearly 5 years after the landmark sidechains paper. We were told that this technology would destroy altcoins. Bitcoin would simply copy the best features from altcoins via sidechains. What happened and where are we now? blockstream.com/sidechains.pdf
3/ The 2014 Sidechains paper from several Blockstream founders proposed a simple idea. Instead of forcing everyone to use Bitcoin’s network rules, we could let users spin up new networks and use a two-way peg to allow transfers to and from a side chain.
4/ In effect, sandboxes can be created with vastly different rules, but utilizing the bitcoin currency via a two-way peg. The holy grail is a trustless two-way peg. The cryptography behind this is understood, but the Core devs have not yet become comfortable with the incentives.
5/ A top concern is that miners are already too centralized, and introducing sidechains puts smaller miners at an even bigger disadvantage. They would likely need to validate sidechains, or miss out on fees. If enough traffic moved to sidechains, they may be put out of business.
6/ Another big problem is that as more value is stored within a sidechain, the incentive to do a big reorganization grows along with it. Even worse, miners with enough hashing power could submit fake SPV proofs and steal funds secured within the sidechain.
7/ These concerns have put a pin in trustless two-way pegs with SPV level security. Instead, we have (at least) three sidechain projects that use the federated model: @Blockstream’s Liquid, @rsksmart’s Rootstock, and @Truthcoin’s drivechains.
8/ Liquid and Rootstock are live today. See blockstream.info/liquid/ and explorer.rsk.co. Drivechains are on a Bitcoin testnet. These projects add compelling functionality to Bitcoin, but do not make good on the promise of trustless experimentation.
10/ Blockstream’s Andrew Poelstra suggests that the accepting SPV security model may not work without tech such as zk-starks that additionally prove the sidechain rules are being followed. This kind of tech is being developed by @StarkWareLtd.
I love that the Delaware Supreme Court chastised not only the out-of-town lawyer but also the Delaware lawyer who sponsored him for admission PHV. Though only the non-DE lawyer is specifically named, naturally.
This ALT season reminds me of the early days of the 2017 bull. Some will pop, some will stay quiet until they don't. However I am now seeing a lot of small caps exploding higher. Check out this screenshot of coins in ranks 67-76. Get ready folks! This is only the beginning.
There are 3 main ways video is being altered today: footage taken out of context, deceptively edited or deliberately altered. These categories are broken down in this incredible piece by the @washingtonpost.
Meaning, if you lift weights you can induce muscle growth in the areas you are exercising. But you can’t target fat reduction in a specific area; just need to lose it all round. Physiologically interesting.