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Seriously. I posit that many of the programmers in the field have no financial background whatsoever, on top of whatever shaky software background they may also

Seriously. I posit that many of the programmers in the field have no financial background whatsoever, on top of whatever shaky software background they may also have (especially if they went to a bootcamp). Just hilarious to watch.

bombcar 5y ago
Developers used to “we can fix it in production, ship it” develop system where fixes can’t be shipped with expected results.
- meowface 5y ago
  Even worse: unless you use a proxy contract, production code can't be updated period. Smart contracts are immutable, besides being able to self-destruct themselves. And the unexpected results may be billions of dollars worth of assets lost. Like most of SV, most of the cryptocurrency space is "move fast and break things", but breaking things entails a little more than an app being down for a few hours.
exdsq 5y ago
I've worked in the space for a few years and can say it's been the opposite experience for me. Had the chance of working on a Haskell project with the original creators of Haskell, being taught QuickCheck by the creator of QuickCheck, testing economic ideas created by professors of Economics at top universities, and sponsored entire compilers and languages to help ensure the software was as solid as possible. One of my favourite tutorials was when we had Leslie Lamport come in to give us a talk on TLA+. There is so much money in the space you can have absolutely insane teams.
- dragonwriter 5y ago
  The existence of some “absolutely insane” highly-skilled, well-trained, well-funded teams in the field doesn’t mean that there aren’t also lots of poorly-qualified teams without the up-front funding for development trying to cash in on all the money sloshing around the field.
  - exdsq 5y ago
    True, I'm just saying as someone who's been in the space for several years I've not come across too many of these. I think it's a stereotype that doesn't match with reality - at least from my experience.
- AlexCoventry 5y ago
  Wow, sounds great. Where have you been working / which cryptocurrencies/services have you been working on?
  - exdsq 5y ago
    This was with IOHK (iohk.io) on Cardano however due to relocating and work visas etc I'm currently working on my own projects in the Eth/Cardano ecosystems
    - AlexCoventry 5y ago
      Thanks.

bombcar 5y ago

Developers used to “we can fix it in production, ship it” develop system where fixes can’t be shipped with expected results.

meowface 5y ago
Even worse: unless you use a proxy contract, production code can't be updated period. Smart contracts are immutable, besides being able to self-destruct themselves. And the unexpected results may be billions of dollars worth of assets lost. Like most of SV, most of the cryptocurrency space is "move fast and break things", but breaking things entails a little more than an app being down for a few hours.

exdsq 5y ago

I've worked in the space for a few years and can say it's been the opposite experience for me. Had the chance of working on a Haskell project with the original creators of Haskell, being taught QuickCheck by the creator of QuickCheck, testing economic ideas created by professors of Economics at top universities, and sponsored entire compilers and languages to help ensure the software was as solid as possible. One of my favourite tutorials was when we had Leslie Lamport come in to give us a talk on TLA+. There is so much money in the space you can have absolutely insane teams.

dragonwriter 5y ago
The existence of some “absolutely insane” highly-skilled, well-trained, well-funded teams in the field doesn’t mean that there aren’t also lots of poorly-qualified teams without the up-front funding for development trying to cash in on all the money sloshing around the field.
- exdsq 5y ago
  True, I'm just saying as someone who's been in the space for several years I've not come across too many of these. I think it's a stereotype that doesn't match with reality - at least from my experience.
AlexCoventry 5y ago
Wow, sounds great. Where have you been working / which cryptocurrencies/services have you been working on?
- exdsq 5y ago
  This was with IOHK (iohk.io) on Cardano however due to relocating and work visas etc I'm currently working on my own projects in the Eth/Cardano ecosystems
  - AlexCoventry 5y ago
    Thanks.