Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile. Cash turns out necessary as a backup.
Ethereum needs to be resilient enough, and private enough, to be able to credibly play this kind of role.
https://t.co/WDZxk7Cnxf
@RenIsLyfe @dopetard@hashflownetwork@renprotocol This is interesting but unless there’s a good degree of decentralization I don’t see why it’s any better than ripple or binance dex where all nodes are run by the same entity and therefore centralized.
What Hashflow is proposing doesn’t require a bitcoin token issuance.
@RenIsLyfe @dopetard@hashflownetwork@renprotocol Last I remember, Renvm was using Shamir scheme to distribute the secret required to spend the BTC on bitcoin blockchain among several nodes and then using those locked funds to issue a btc token.
Chart from fall 2014, when Bitcoin was $300, predicted price of $10k for today —Nov 22nd, 2017. We're at $8,000. Next milestone on chart: $100k in summer 2021.
@danfinlay@VitalikButerin@bascule "ShadowTrees allow a mostly-untrusted party to perform repair service on encrypted data without revealing contents or tamper data"
I agree, though I have a strong preference for cryptographic smart contract architectures (such as UTXO) over computational smart contracts… https://t.co/ck8gHtRtop