Bitcoin Q&A: Wallets, Nodes, and Monetary Sovereignty
Should you run a full node with a hardware wallet like Trezor? What are the main factors to monetary sovereignty? Self-validation of the consensus rules and controlling your own keys. What are the issues with using a custodial wallet or a block explorer? What is BIP-174?
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Bitcoin Q&A: Mixing services
How do mixing services work? What are CoinJoin transactions? How much could they improve privacy or anonymity in Bitcoin?
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Bitcoin Q&A: What is the Appeal of Sound Money?
What functions of money does the current stage of bitcoin fulfill? What is the current popular use case? Why will unit of account be the last function we achieve? Which use cases will accelerate bitcoin adoption in western countries (ex. Germany)? Why should we not be so hard on speculation and hedging against devaluation? What is the appeal of sound money? Will bitcoin become a world reserve currency? Why is gold not a good medium of exchange? How do we incentivise spending of bitcoin, when the current trend is to hold? Why is HODLing simultaneously hard? Why do mainstream economists call it "hoarding" instead of "saving"?
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Bitcoin Q&A: Decentralised immunity from state-sponsored attacks
Keywords/phrases: Bitcoin being attacked by state-sponsored actors. Bitcoin is currently poking the $100 trillion banking industry. If they use some kind of internal consensus attack to thwart its ability to develop new blocks (essentially denial-of-service), it would be noticed pretty quickly and lead to counter-measures. When something attacks you and you develop counter-measures, that's a form of immunity; through immunity you have evolution of resistance to that kind of attack. Bitcoin is a decentralised system with independent actors who are guiding its evolution towards protection against systemic attacks. The well-funded opponents are essentially training Bitcoin on how to inoculate itself. It is very hard to go after a decentralised system.
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Bitcoin Q&A: Offline Transactions and Fault Tolerance
Is it possible to do a bitcoin transaction without using the internet? How do transactions from paper wallets and physical bitcoins work? Does this solve the Byzantine Generals' Problem?
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Investing in Education Instead of Speculation
Unlike speculation in crypto-currencies, investing in skills is permanent, transferable across chains, long term and empowering. In this talk Andreas looks at education and training in the bitcoin and blockchain space and how it can enrich your life in a sustainable way.
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aantonop - iom - 8/11 - bitcoin design principles
source here http://bit.ly/2nFzxcj transcript, chapter 8, iom book, here http://bit.ly/2cm7DjW
00:16 bitcoin is digital money, but that doesn't really capture it, It’s more like the internet of money
00:36 a consensus decentralized network based on blockchain technology and a proof-of-work algorithm that allows a digital token to..
00:57 bitcoin is a really new technology, abstraction on a technology that's really old, linguistic structure, communicate value
01:55 history of money, spreadsheets, accounting ledgers http://bit.ly/2mXue86 primates http://bit.ly/2mXrF5O
05:51 characteristics of money
09:13 just another abstraction of money, fort knox
11:23 bitcoin and design
13:08 wallets aren't wallets, keychain
14:35 no-coins in bitcoin, bitCOIN
17:39 skeuomorphic http://bit.ly/1NY7w7V design http://bit.ly/2mhfF20
20:53 designing for innovation
22:21 star trek
23:47 predicting the future, because they created the conditions for things that were not possible before.
25:44 paypal, the ability to do cross-border transactions on a level
26:34 underbanked, brokerage, tokyo stock exchange, 6 billion, Kenya, Nokia 1000 http://bit.ly/2naDA2p Bloomberg Terminal
28:28 even the remotest village in the Amazonian basin has a cell phone tower, someone in that village has a solar panel & a Nokia 1000
28:42 there are more Nokia feature phones in the world than any other kind of electronic device
29:17 what happens when each and every one of those is a banker.
29:34 banking is an app
29:38 interstitial innovation
34:58 personhood http://bit.ly/2mFDV9k, a software agent can own money.
36:02 bitcoin, uber, self-own driving car, a car that is a corporation. a car that is a shareholder and owner of its own corporation
38:40 ATM Experience
40:37 Bitcoin ATM Experience
43:07 thirdly, the first function on the ATM would be "send money to mexico city."
44:57 get them young, 16-year-old, business days 45:59 10-year-olds http://bit.ly/2nSFVMs
47:01 brand new tech, same old terms
47:19 circle http://bit.ly/1Ilv5nI coinbase http://bit.ly/1O5w8P7, checks
52:13 bitcoin desperately needs design, I walked around with a list of ip addresses in my wallet
satoshi tips are welcome 1QFTHEKZJF29rrLTcWFnMqfZGhbqnWDzfD
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Bitcoin, Blockchain and Rule of Law Andreas M. Antonopoulos (@aantonop )| 🎙️ Estado del Derecho
Our Director Roberto Hung C (*) with Andreas M. Antonopoulos talked about Bitcoin and Blockchain not from the technological aspects but instead related to the relationship with freedom, democracy and rule of law, especially considering current times.
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Gamestop, Wall Street and the Avocado Toast Revolution (SOB#452)
Gamestop, Wall Street and the Avocado Toast Revolution (SOB#452)
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Bitcoin Q&A: SIGHASH_NOINPUT and Custodial Wallets
Do Bitcoin Core / base layer developers and Lightning Network / second layer developers coordinate? What is SIGHASH_NOINPUT?
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Ethereum Q&A: Maturation of DAO Software
What are your thoughts on maturation of DAO software? What are the biggest obstacles for DAOs?
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Bitcoin is the Real Electronic Cash - Merkle Conference 2016
This talk took place on October 11th 2016 during the Merkle Conference in Paris, France: http://www.merkleconference.com/
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Bitcoin Q&A: What’s a Good Place to Start With Inheritance Planning?
How can you get started making a crypto asset inheritance plan? How can you ensure that your non-technical heirs will be able to access your crypto assets?
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Bitcoin Q&A: Governance and the Transaction Fee Market
Keywords/phrases: Establishing a transaction fee market. There is, and has been, a fee market for Bitcoin; it was not important until we reached critical capacity. Once you reach a point were capacity is constrained, fee markets come into play. Fee markets will happen, and if you don't build a primary fee market, people are going to build a secondary fee market. How do we create the possibility of fulfilling transactions at much greater volume for people who can't afford the current level of fee? Or if it continues to rise? The answer we seem to be arriving at is: secondary and tertiary layers above Bitcoin, the most promising of which is Lightning Network at the moment. Micro-transactions, nano-transactions.The Bitcoin blockchain is a very valuable commodity for applications; the fees make it so that it is not economical for everyone to use it as a back-up platform. No matter what capacity you create, an engineer will create an application to fill it. Fee markets help us make choices about which transactions are important. There are two ways to make choices: through authority or through a market. The market says "if the person sending the transaction thinks it's worth paying a fee, then it's a legitimate transaction." Because of this, adoption in some areas will require higher-level algorithms.
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The Killer App: Bananas on the Blockchain?
In this talk, Andreas points to the killer apps in the open blockchain ecosystem: sound money and governance. He also addresses arguments by finance tycoons that they "don't need cryptocurrencies" as fundamentally elitist, failing to consider the broader needs of the other six billion (or even their butlers).
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Bitcoin Q&A: Data Integrity and Validation of Keys
How is SHA-256 used to verify data integrity in Bitcoin? What does it mean to sign a message? Is there a difference in the validation process of compressed versus uncompressed keys?
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Bitcoin Q&A: Microfinance & Streaming Money
Lightning Network and the new opportunities for managing cashflow timescales with streaming money and salaries, incoming inventory, selling goods, just-in-time delivery, credit etc. Streaming money integration into media. Digital rights management (DRM). One of the first demonstrations was a video streaming service (https://streamium.io/), which billed based on the number of minutes watched. Videos, educational courses, any time-based service can be transformed using this technology. The basic rule of DRM is that it doesn't work, because if my eyes can see it or my ears can hear it, so can a camera and microphone. It doesn't change piracy; it allows artists and content creators to connect directly with their audience rather than relying on centralised aggregation platforms.
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Bitcoin Q&A: How Do Banks React to Bitcoin? - The Five Stages of Grief
Presented in Sao Paulo, this talk by Andreas focuses on the opportunity that bitcoin brings to emerging economies like Brazil.
coolest
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Bitcoin Q&A: Does monetary policy determine currency competition?
Keywords/phrases: Does monetary policy determine currency competition? Monetary policy is a critical characteristic that creates a niche competition environment. Without the 21 million cap, it's not Bitcoin. Ether vs. bitcoin. Traits that matter are the degree of centralization, security, etc.
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Ethereum Q&A: Scaling Decentralized Organization
Instead of DAOs, how about decentralized autonomous societies (DAS), decentralisation at a societal scale? These are still very immature technologies. The use case for smart contracts and DAOs will first be in small-scale corporate governance and associations, before they could influence the structure of large-scale models of organization. The problems are super-state entities are due to those in power being removed from the consequences of their decisions. Why are there so many sharks and scams in these areas? Decentralization is the poison pill of large organizations designed to centralize more and more power.
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Andreas M. Antonopoulos testimony for Australian Senate
This testimony was delivered at the Senate Economics References Committee of the Australian Senate, presenting on Bitcoin and digital currencies, on March 4, 2015.
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Bitcoin Q&A: State-sponsored Digital Currencies and Trust Minimization
Should we have state-sponsored digital currencies, like the petro in Venezuela? Will cash be eradicated? Can cryptocurrencies support local and regional cooperatives, especially in credit lending? What does trust minimization really mean?
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Ethereum Q&A: Lessons From the Hard Fork
The lessons and unintended results of TheDAO hack and the Ethereum contentious hard fork. Technical success but political failure. The expensive potential damage for all cryptocurrencies with contentious hard forks. All cryptocurrencies get one mulligan. Being in a position where you're making decisions in this ecosystem is very difficult and a dangerous handicap. Tendencies to fragment. The Bitcoin Unlimited remote exploit bug. They should be relieved it was discovered early. Quality of code does not depend on having the best "superstar" developers, because they come on a Bell curve; quality code comes from a good QA process and a very large, diverse development team matter. Ethereum has a fantastic opportunity to learn from the mistakes of Bitcoin, and Bitcoin from the mistakes of Ethereum. Cross-ecosystem learning is how we mature.
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Bitcoin Q&A: Layered Scaling and Privacy
How should Bitcoin, as a network protocol, be scaled through a layered architecture? One of the fundamental principles of network protocol design is to have separation between the layers so they don't bleed into each other with unintended side-effects. These are the same principles in software engineering, where your goal is to create functions that first do one thing as simply as possible, and the build more complex abstractions using those primitives (once they are proven reliable). This ensures predictability of performance and security. When the internet and World Wide Web were built, the layers were not quite as separate as they should have been; the consequence is an immeasurable lack of privacy (or "fungibility of packets"). Retro-fitting it on top has not been easy or effective.
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