Mike Hearn on the fragility of bitcoin

Members Area Highlights

Mike Hearn was at the top of his game working for Google on a high salary as a computer programmer when one day he discovered bitcoin.
 
Bitcoin quickly blew his mind and Mike quit his cushy job at Google to work on the bitcoin protocol. What about bitcoin demanded he work for free for 2 years on the bitcoin protocol?
 
Find out in this interview with one of the guys who tinkered under the hood of bitcoin as much as any other.
 
This interview is especially interesting because it reminds us all of the fragilty of bitcoin. Mike shares his  experience working with the core development team and outlines some major hurdles that bitcoin will need to overcome in the near future.

It was an especially good reality check for me who is well and truly drinking the bitcoin cool aid.  :)

To watch the rest of this video, (and much, much more) become a Success Council Member right now

Enjoy


The future of bitcoin with Nic Cary(CEO of Blockchain.info)

Members Area Highlights

Blockchain.info is the first and largest provider of bitcoin wallets in the world today.
 
Funded and primarily owned by roger Ver (nicknamed Bitcoin Jesus) blockchain.info provides a number of free tools that help all bitcoin users.
 
Today we talk with Blockchain CEO Nic Cary to hear the vision he has for this industry leader. What exciting things should we look for in the future?
 
Nic travels the word and some of the inspiring stories he shares as a result of bitcoin are amazing. His future predictions for smartphones and bitcoin's ability to penetrate the third world will get you super excited for bitcoin's future.
 
To watch the rest of this video, (and much, much more) become a Success Council Member right now
 
Enjoy

 

Max Wright's thoughts on the Security threats of Delegated Proof of Stake and Bitshares

Bitcoin

Backstory: I recently gave a presentation to the Vancouver Bitcoin meetup about an exciting new development in the crypto world called Delegated Proof of Stake and Bitshares. This was a practise run for me to fine tune the presentation before creating a high quality video to present to Success Council Members. Iapologize for the terrible Video and Audio quality but if you are super interested you may wish to watch that presentation here.

This post is a response to a well thought out blog post by Piotr Piasecki - an attendee of my presentation - titled Thoughts on Delegated Proof of Stake and Bitshares.

Delegated Proof of Stake is consensus algorithm first presented by Dan Larimar in a white paper of the same name published April 3 2014.

Although not explicitly stated I suspect Piotr acknowledges the numerous benefits that a Delegated Proof of Stake system offers. The primary purpose of his article however is to further the discussion pertaining to the security of the DPOS system.

Does the DPOS protocol sacrifice security to achieve its numerous benefits?

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