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Chris Burniske’s Followers (32)
Chris Burniske
* Note: these are all the books on Goodreads for this author. To add more, click here.
“Cryptoassets, like gold, are often constructed to be scarce in their supply. Many will be even more scarce than gold and other precious metals. The supply schedule of cryptoassets typically is metered mathematically and set in code at the genesis of the underlying protocol or distributed application.”
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
“When reading the white paper, the first question to ask is: What problem does it solve? In other words, is there a reason for this cryptoasset and its associated architecture to exist in a decentralized manner? There are lots of digital services in our world, so does this one have an inherent benefit to being provisioned in a distributed, secure, and egalitarian manner? We call this the decentralization edge. Put bluntly by Vitalik Buterin, “Projects really should make sure they have good answers for ‘why use a blockchain.”
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
“Standing for decentralized autonomous organization, The DAO was a complex dApp that programmed a decentralized venture capital fund to run on Ethereum. Holders of The DAO would be able to vote on what projects they wanted to support, and if developers raised enough funding from The DAO holders, they would receive the funds necessary to build their projects. Over time, investors in these projects would be rewarded through dividends or appreciation of the service provided.”
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
― Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
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