The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 68 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Kwon: Bitcoin Miners Burn Energy Because Block Rewards Dwarf Transaction Fees
“You see that the block reward is a hefty, like, hundreds of millions of dollars a year, if not a billion at this point, of rewards. And the transaction fees, In comparison, are much smaller. That's why Bitcoin miners don't care about the transaction fee right …”
Wilcox: Public Blockchain Flow Patterns Make Linking Real Identities Easy
“Once you have that much of a pattern, that much data available to form patterns out of, then it becomes very easy to make that final step and link it back to our identities.”
Wilcox: Zcash launched with zero pre-mine and relied purely on mining
“And what we did instead was we started with nobody having any of the money, and we just had mining, which was an innovation that we copied from Bitcoin, so that anyone who has a sufficiently powerful computer connected to the internet can participate in buildi…”
Pon: Bitcoin Blockchain Could Not Scale For Data Storage in 2014
“When you deal with data, one of the problems that we encountered by doing a use case on top of the Bitcoin blockchain about three years ago was that it didn't scale. We weren't able to store the types of data that we wanted to. We weren't able to query it and …”
Pon: Early Blockchains Overlooked Data Storage in Favor of Payments and Logic
“If you look at something like Bitcoin, it's payments, cryptocurrency in a global network. If you look at Ethereum, it's like business logic in a global network, and it's kicked off all these ICOs and stuff like that. You know, you have business logic in a bloc…”
Tang: Bitcoin and Ethereum will coexist and serve distinct use cases
“I think all of these blockchains will exist, will coexist. So it's not like Ethereum is going to exist and Bitcoin is going to go away. My personal belief is that Bitcoin has its use case, and so does Ethereum.”
Tang: Bitcoin forks will fail because miners lack incentives to switch
“The reason they will not they will not be successful is because the Bitcoin blockchain now is so big that there are so many miners on the network that there is essentially no incentive for them to switch to a much smaller, newer network.”
Yanowitz: May 2020 halving cuts daily Bitcoin supply from 1,800 to 900
“So what's about to happen in 30 days is the Bitcoin halvening will programmatically cut the daily incoming supply of Bitcoin from 1800 To 900.”
Bitcoin miners compete for a $25M to $30M daily revenue pool
“So the run, so the revenues available to miners to all the miners is, is 25 to thirty million dollars per day of revenue, which is what the miners compete for.”
Ethereum daily mining revenue pool mirrors Bitcoin at $25M to $30M
“So then it's a similar number for Ethereum as well.”
Hive Blockchain operates strictly GPU facilities to mine Ethereum
“Sorry, just to be clear we don't mine Bitcoin. Okay, we mine right now our facilities are all GPU based, so we mine Ethereum. So we do have one of our facilities the one that will be completed in September will be an ASIC facility. So at that point in time, we…”
Lee: Litecoin has faster blocks and four times Bitcoin's coin supply
“So the major difference is, is Litecoin is, is faster than Bitcoin in terms of transaction speed or blocks, block speed. And there's more amount of Litecoin out there. There's four times as many Litecoin units than Bitcoin.”
Lee: I only profit from Litecoin if the asset price increases
“I mean, for me, it's only if the value goes up. Like, I have an investment in Bitcoin and Litecoin, and if the value goes up, I make money. And that's true for most people.”
WordPress was an early major platform to accept Bitcoin at $12
“And WordPress, I think, was one of the first large Internet services to add support for accepting Bitcoin for our services. At the time, Bitcoin was about 12 dollars”
Transamerica Ventures holds indirect crypto exposure via Digital Currency Group
“We're invested in Digital Currency Group who themselves, they own a ton of Bitcoin and Ethereum, which has been quite valuable for them, and their Bitcoin investment trust has crossed five hundred million in AUM, so that's good, but other than that, no, no dir…”
Kwon: Blockchains derive security from being lightweight enough for users to audit locally
“Everyone gets security from the fact that they know that they can download the blockchain around themselves. They can audit it themselves. It's accessible. So, it's good that a blockchain is a small machine, but replicated all around the world so that it's not…”
Wilcox: Zcash raised $3M from Silicon Valley and Bitcoin angels
“So what we did was, when we were planning this, and this was just gleams in our eyes, we raised funding from a set of Silicon Valley and Bitcoin angels. There were a couple of Silicon Valley DCs, but they were almost all angels. We raised three million dollars”
Wilcox: Zcash forks Bitcoin's codebase, not its blockchain
“It's a fork of the software. We copied the Bitcoin software and added our cryptographic improvements. Okay. But it's not a copy. It's not a fork of the Bitcoin blockchain. It's a separate independent blockchain, Zcash blockchain.”
Hung: Cryptocurrencies grew from approximately 67 in 2014 to over 400 in 2015
“On just 2014 as you know we on the market they only have a totally 6007 67 totally coin existing on the market it's like ethereum bitcoin litecoin ripple that's only 60 67 but only just one year after 2014 on 2015 The number already growing to, like, I remembe…”