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Tag: crypto

Bitcoin Q&A: Sidechains and the security model

By domaing4 0 Comment February 20, 2019

https://www.youtube.com/watch?v=Md-wze_56Aw What is the Liquid sidechain? Does it compete with XRP / Ripple? Do sidechains inherit security properties of the blockchain they are connected to? Have sidechains been overshadowed by Ethereum in terms of smart contracts? These questions are from the MOOC 10.6 session, and the October and November monthly subscriber Q&A sessions, which took […]

Ethereum Q&A: We are all blockchain weirdos

By domaing4 0 Comment February 17, 2019

https://www.youtube.com/watch?v=wvxPnD9edMw Is the antagonism between Bitcoin and Ethereum harmful? This is a natural process of mutation, fragmentation, bifurcation, and consolidation in a dynamic open-source environment. Keep in mind that the bankers and regulators think we are all blockchain weirdos; their protectionist instincts don't care about our ideological factions in Bitcoin, Ethereum, or any of the […]

Bitcoin Q&A: The obsoletion of legacy systems

By domaing4 0 Comment February 14, 2019

https://www.youtube.com/watch?v=ZxGbUuOqQsI How will the traditional financial system adapt to cryptocurrencies? Legacy systems (banks, like horse-and-carriage) are delaying the inevitable. Some people will see the future earlier than others and leave banks. How do we ensure that Bitcoin remains an open and decentralised system in the face of enterprise encroachment? What is at stake? How the […]

Bitcoin Q&A: Enterprise “blockchain” gentrification?

By domaing4 0 Comment February 13, 2019

https://www.youtube.com/watch?v=E8LZEyyJgG0 Will mainstream adoption affect the culture of crypto? Are enterprise "blockchain" projects signs of gentrification? Banks will train the developers for us. They can't ignore Bitcoin forever. Why is there so much development and marketing around private blockchains? Not all blockchains are created equal. Immutability is not a characteristic of all blockchains. Is proof-of-authority […]

Ethereum Q&A: How do smart contracts work?

By domaing4 0 Comment February 13, 2019

https://www.youtube.com/watch?v=DyAjgkwwgyI How do smart contracts in Ethereum work? How are operations conducted without middlemen? Do smart contracts work with external inputs or real-world events? Can we make sure that oracles are not corrupted? These questions are from the MOOC 10.6 session, which took place on October 11th 2018. If you want early-access to talks and […]

Bitcoin Q&A: Checkpointing in the BCHABC chain

By domaing4 0 Comment February 13, 2019

https://www.youtube.com/watch?v=jUp6LzZxhOg What do you think about the use of checkpointing in BCHABC? What kinds of checkpointing are there? Has Bitcoin ever had a re-organization event? NOTE: The chain reorganization event in Bitcoin that I mentioned at 3:03 was actually in March 2013. You can read the post-mortem (BIP-50) here: https://github.com/bitcoin/bips/blob/master/bip-0050.mediawiki More about checkpoints: https://bitcoin.stackexchange.com/questions/1797/what-are-checkpoints/1798 https://bitcoin.stackexchange.com/questions/70718/how-does-bitcoin-implement-checkpoint-mechanism-to-finalize-the-blockchain-histo […]

Bitcoin Q&A: Sanctions and censorship-resistance

By domaing4 0 Comment February 13, 2019

https://www.youtube.com/watch?v=DeXe5eGRl7E What do you think about the U.S. Treasury Department sanctioning two bitcoin addresses? What does this mean for Bitcoin's censorship resistance? Press release on the topic: https://home.treasury.gov/news/press-releases/sm556 This question is from the December monthly subscriber session, which took place on December 15th 2018. If you want early-access to talks and a chance to participate […]

Bitcoin Q&A: Why are fees not transaction outputs?

By domaing4 0 Comment February 12, 2019

https://www.youtube.com/watch?v=r9Iltlnb1EU Why do fees not show up as transaction outputs? Where do transaction fees go? How do miners receive fees? More about transaction fees can be found in these chapters: https://github.com/bitcoinbook/bitcoinbook/blob/f8b883dcd4e3d1b9adf40fed59b7e898fbd9241f/ch06.asciidoc https://github.com/bitcoinbook/bitcoinbook/blob/df1828b7205a5950a16a3182cf9b15421ee70658/ch10.asciidoc This question is from the December monthly subscriber session, which took place on December 15th 2018. If you want early-access to talks and […]

LABitConf Fireside Chat: Becoming a Bitcoin Educator

By domaing4 0 Comment February 12, 2019

https://www.youtube.com/watch?v=0CLJdfMgKhI In this fireside chat, Andreas talks about growing up in Greece, dealing with monetary crises and how that influenced his interest in Bitcoin, as well as his early involvement in various technical communities and his decision to become an educator. This interview was delivered at the Latin American Bitcoin and Blockchain Conference (laBITconf) at […]

Bitcoin Q&A: Wallets, nodes, and monetary sovereignty

By domaing4 0 Comment February 12, 2019

https://www.youtube.com/watch?v=8Hb3tUn8s4E 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? More about Electrum wallet: https://electrum.org/#home More on Electrum […]