daoland

6 ms·

1.
A new cryptocurrency for coordinating AI on Numerai(medium.com)
5 points by daoland 10y ago|0 comments
2.
Money, blockchains, and social scalability(unenumerated.blogspot.com)
22 points by daoland 10y ago|0 comments
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by daoland 10y ago
IMO, This post just has a click-baity title with almost no information within. TheDAO is a failure. There are a few of the other Ethereum DAOs like Augur, Digix and Maker have invested a lot of effort over the last one year and haven'
4.
by daoland 10y ago
The devs are so badass, they constantly mention that they will allow miners to accept any currency for gas fees if it is feasible. Most of us who have some Ether are comfortable with this move too, ironically our hedge for this scenario is
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by daoland 10y ago
Yes, the bets are risky. It is an opportunity to rethink your portfolio like a VC where few investments could return 10x easily and a lot will lose the capital allocated to them. I think this is better than buying IPO stock in public market
6.
by daoland 10y ago
Only in the short term, It is well within the realm of possibility for a purpose built token without counterparty risk like Ether to emerge on the Ethereum network.
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by daoland 10y ago
A few common misconceptions that I'd like to correct, Ether is not in the currency business. It was emphasized multiple times by the devs themselves. It so happens that Bitcoin is so slow and full that users are flocking to use Ether a
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by daoland 10y ago
Bitcoin's competition is not Ether, it will be another token built on Ethereum. There is a very high chance that a lot of Ethereum tokens individually will exceed the Ether market cap. Ether's main purpose is securing the Ethereum
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by daoland 10y ago
Ether is not a currency like Bitcoin. Ethereum is a pure platform play that enables multiple Bitcoin competitors to rapidly experiment and find the product-market fit of crypto-currencies in the real world. I believe there can be a crypto-c
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by daoland 10y ago
One key difference is Ethereum is not being built only for writing code for monetary transactions using Ether. Ethereum is being built to store and run code in the EVM. Ether main use is only to pay for gas so that any user of the network c
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by daoland 10y ago
You've made a few jumps of imagination in there. I'm actually convinced that Ethereum has something unique to offer specifically to developers. Ethereum will be a common ground for a lot of high value code and data between organiz
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by daoland 10y ago
Where is the VC money coming from in a crazy we funded project?
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by daoland 10y ago
Undergrads don't start with a formal spec and develop four independent client implementations simultaneously in different programming languages.