There is a feeling, out there in the strange El Niño winter, of waiting and anticipation. It’s as though the new year hasn’t begun yet - hasn’t even decided, in fact, what comes next.
The next bit of this feeling comes from the fact that, after months and months of being little more than a punchline, people
. Sure, it’s to talk about what rubbish it is
and why a BitTorrent token won’t work, but still, there the project is on our collective radar, with full coffers and ambition to spare.
Of course, while the blockchains build, the world heaves. The hearts of the #GiletsJuanes are filled with fire as they call for a bank run
in France. Indeed, in some ways, the story of crypto’s next few years seems like a question of where the rubber of the disruptive potential of global, censorship resistance, non-sovereign money meets the road.
Whatever happens, I can promise I’ll tell you the story the best as I see it every Sunday. Happy long reads.
1/ Long Reads Sunday #29. 51% attacks! Yellow Vest bank runs! Ethereum ASIC debates! Privacy coin launches! Bitcoin at 10. And…Tron? Really? Saddle up fam, it’s long reads time!
2/ The week really kicked off a bang with news that Ethereum Classic was in the midst of a 51% attack, bringing a game theoretical scenario to life in a major way. @hoseeb explains a) what a 51% attack means; b) why exchanges are targeted https://twitter.com/hosseeb/status/1082815549132816384
4/ As if to validate the point that 51% attacks are an evolutionary mechanism, it later came to light that the attacker was a whitehat hacker who actually returned $100k to the Gate.io exchange they targeted. Fascinating. https://twitter.com/DoveyWan/status/1084111784649191424
14/ It’s powerful that just 10 years after the first block was mined, Bitcoin has become part of a powerful cry for financial and political liberty and sovereignty around the world. @Coindesk commemorated Bitcoin at 10 this week: https://twitter.com/coindesk/status/1083060893280321536
21/ @cburniske wrote this interesting little thread about programmable value and why he believes that, while crypto-money will likely be the largest space for value capture, there will be many other types of programmable value as well https://twitter.com/cburniske/status/1082026995418976256
22/ Writing in @wired, @cdixon reiterates the core thesis he has been articulating since his piece “Why Decentralization Matters” - that cryptos provide a new force challenging the control of massive closed technology platforms https://twitter.com/cdixon/status/1082311425706479617
23/ @js_horne wrote this super interesting thread speculating about whether 2019 might be the year of personal tokens - a possible force inverting different types of debt and capitalization. Paging @eriktorenberg re: personal investments https://twitter.com/js_horne/status/1082126654405627904
24/ Last week, we looked at a debate thread about Ethereum Foundation grants arguing in part for $5m+ financings. Welp, @ParityTech was just announced as the recipient of a $5m grant! Congrats to their team & excited to see what they build https://twitter.com/jutta_steiner/status/1082562091251392512
25/ If you’ve been reading LRS for a while, you know I keep pretty close track of Bitcoin/crypto in emerging/unstable markets. I enjoyed this interview with @AlegW around Venezuela and forthcoming @makeopenmoney https://www.abra.com/blog/bitcoin-and-bolivars/
31/ And that’s it for LRS29! What did you like? What did I miss? As always, you can subscribe via email at https://www.getrevue.co/profile/nlw
and stay tuned here for more news on the return of Long Reads Live!