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Articles by Daniel Krawsiz
Introducing Boost POW
Daniel Krawisz Chief Scientist, MatterPool INC Document version 1.0.3 Boost POW is an ungameable content-ranking system and spam filter that uses Bitcoin's proof-of-work algorithm. The proof-of-work is bought using a Bitcoin output that is redeemed with a nonce, which is a number that completes a proof-of-work string. The work is verified in script. The Boost output can be translated to a Stratum job by a mining pool. The satoshis in this output are payment for doing the work.
Bitcoin Offers Solutions to All Your Byzantine Generals Problems
Bitcoin is like an advanced alien that has come down to earth offering a service that everybody needs but no one wants because they don't understand it. Bitcoin is a solution to the Byzantine Generals Problem and it offers itself as a service. But what is that service? This article explains the nature of Byzantine fault-tolerance. The Byzantine Generals Problem was first discussed by Lamport, et al: “A reliable computer system must be able to cope with the failure of one or more of its components.
Bitcoin killed Venture Capital
As if we didn’t have enough scamming going on in this world, the Vulture Capitalists of Silicon Valley have created the most beautiful and elaborate ponzi since Enron. Our fake gurus in Patagonia vests larping about unicorns will soon be a thing of the past. Thank God. These Venture Communists have managed to confuse and mystify the world into thinking their model of business and life is somehow superior. They have monopolized early stage investing and derailed value creation entirely.
Cryptotribalism
People are trained by their rewards. A portfolio is a reward system. Hence there is a relationship between portfolio and behavior. In particular, money rewards tribalism. A portfolio of money is more rewarding if the users of that money preferentially befriend one another over users of different monies. Thus, money naturally evokes tribalism in humans, a naturally tribalist species. In the cryptocurrency market, tribalism can be observed. In this article, I explain how money rewards tribalism.
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