Ethereum is Ford. Koinos is Tesla.
The first Ford was produced in 1908. The first Tesla in 2008. It took 100 years for a company to
If blockchains were boats
Software projects are a lot like a ship. You need a design and materials and a crew to build it.
No more... forgeries?
Yesterday, we went over owning your own data on the blockchain. Because the data stored on blockchain is public, "
What's the point of decentralization?
Continuing the discussion (part 1, part 2) with Jonathan Stark, Jonathan asked (shared with permission):
The thing that is unclear
Personal responsibility (yuck)
Continuing the discussion with Jonathan Stark, he asked (shared with permission, edited for brevity):
Sure, the blockchain part is probably
"Trustless" is a lie
Fellow list member, Jonathan Stark, replied to a recent newsletter and sparked an excellent conversation on the topic of trust.
Koinos is... *drumroll* Proof-of-Burn!
Proof-of-burn isn't a new concept, but the Koinos implementation is novel. Basically, you burn (destroy) some of your
Consensus is a smart contract
Consensus is a key part of keeping a blockchain operational. The Koinos consensus algorithm will be announced tomorrow and I&
Look at how much money I have! (PoS)
Ever wonder why consensus algorithms all start with "proof-of..."? What are we proving? And why?
It goes back
Proof-of-work still matters (for a while...)
Proof-of-work (PoW) was the first consensus algorithm (it was created for bitcoin). Others have been suggested and some have even