Microsoft to Sponsor Ethereum’s DEVCON1

[cryptog]

I think overall that the anonymous aspect of Nu is compatible with its decentralizedness. Anonymous meaning that the core architect works anonymously.
But it should not discourage shareholders from working in the open if they want to.
I think Nu should have also non-anonymous faces because it would help it gain public traction and it does: sigmike is not anonymous, ben either.
My self, I am not either. You can check my linkedin profile here .

[Sentinelrv]

I think Nu should have also non-anonymous faces because it would help it gain public traction and it does: sigmike is not anonymous, ben either.
My self, I am not either. You can check my linkedin profile here .

I myself have struggled with whether I should be keeping my identity anonymous or not. People on here have tried warning me about it. I understand it could potentially be dangerous, whether it’s due to governments targeting me or even thieves. I lean more on the side of wanting to be public though. I don’t like having to hide who I am. If I were the architect of Nu or Peercoin I think that would be a different story, but I’m not that important. The more projects I see coming out with a full team listing with real names and photos, the less concerned I am about being publicly involved in crypto.

[sportscliche]

Charles Hoskinson is one of the co-founders of Ethereum, although he is no longer with the project. He has said a lot of things that are germane to this discussion. A direct quote follows:

Conferences have the absolute lowest RoI. Also you’re really not going to win the Bitcoin community. Ignore them and move on to different cliques that have a lot more bang for your buck.

Full post with plenty of additional perspective can be read here:

https://beyondbitcoin.org/charles-hoskinson-critiques-bitshares-technology-adoption-management-and-respect/

[crypto_coiner]

I myself have struggled with whether I should be keeping my identity anonymous or not.

Actually, your identity can quite easily be identified through your facebook activity since you are the manager of the peercoin page – I can point to your facebook page, I believe:)

[Sebsebzen]

This conundrum could be solved by creating a spin-off company, just like Maker DAO is doing with Nexus. You could incorporate and specialize in developing tools that utilize/leverage the Nu network. That way it could be for-profit and also enjoy certain protection from the law in unlikely case that cryptocurrencies are ruled illegal.

[dysconnect]

Ethereum definitely is running at the forefront in terms of core technology; that’s why it’s catching the eye of many mainstream tech firms, and Vitalik was put on the editorial board of Ledger along with top academics. Perhaps conferences have bad ROI, but getting a big name sponsoring it is a big mainstream win.

That said I’m with @tomjoad that attracting this kind of support imposes an ideological cost to the ecosystem. In my opinion, Ethereum’s versatility is also its curse - unless it allows for much more efficient ways of dealing with blockchain bloat than others, in the long term it can only formally accommodate a handful of resource-intensive purposes at once. Special-purpose blockchains like ours always have a way to win in efficiency.

Thus aligning Ethereum’s interest with its sponsors would leave little space for the sort of ubiquity they are hoping for, even push away some great opportunities. There can still be a lucrative business model on top of that, but at least there’s less chance an Ethereum-based asset can be a direct competitor of Nubits.

[Sentinelrv]

Actually, your identity can quite easily be identified through your facebook activity since you are the manager of the peercoin page – I can point to your facebook page, I believe:)

Yeah, I don’t actively talk about my identity, but I haven’t done that much to hide it either, so I’m guessing it’s already too late anyway.

[crypto_coiner]

I am still struggling to get a grasp about ethereum purpose and usefulness.
They have been around for 1.5y now-- anything useful that they have produced?
I AM ALL EARS

[zoro]

“trust” will follow crypto universe for a long time (if not for ever). economics = trust anyway.
faces and real names help very much a startup company.
a manager that has the ability to promote the work and organize events is the most useful asset in a company.
but NU is a DAO, how can be handled and promoted as a traditional company?

edit: https://www.cryptocoinsnews.com/microsoft-will-offer-ethereum-blockchain-tools-to-azure-users/
this is huge for ethereum!

[desrever]

To reply to the “Nu anonymous DAO” argument, I think I know a way to get out there into the official sphere without having to reigster a company nor put any face on conferences :

Entering the “real cryptocurrency recognised business ecosystem” (if such thing exist) from the backdoor of science.

Ledger, the first academic journal dedicated to cryptos, call for papers

wow, I didn't imagine that this thread would sparkle such a hot discussion overnight (literally in my case ) … The number of possible scientific work that can be done its very large and it goes from blockchain-specific technicals to economic models and open source governance, and whatnot. But it is not limited to the former categories imho. To find the right topic we should first ask ourselves what we want to achieve with it. This should be seen as a market opportunity only indir…

I insist we should try to get into Ledger ;`

---

They have been around for 1.5y now–

nope, the first beta software came out two months ago. Go to their forum to get a feel of how much is being done in little time

[cryptog]

nope, the first beta software came out two months ago

I read the white paper back in jan 2014…

[desrever]

So now you can compute how long did it take them to go from whitepaper-vapoware to product

[cryptog]

In any case, i d like to take the best from Ethereum. Their ability to get publicity compared to Nu is difficult to ignore.
However it is still unknown to me what problem it solves.

[Halcyonic]

Ethereum provides a programming language and a suite of tools that allow for the easy development of and deployment of smart contracts(eventually DAOS) for experienced crypto developers and those who are new to cryptocurrency.

Marley Gray, Microsoft’s director of technology strategy for its US Financial Services, said in a statement: “Our enterprise clients will have the ability to deploy private and semi-private or consortium blockchain networks, as well as public Ethereum nodes with a single click on Azure.”

If the devs are successful, it could end up being one of the primary blockchains used to help separate blockchains talk with each other. Augur is building their decentralized prediction market using ethereum…it is planned to be cryptocurrency agnostic and team members have spoken positively about Nubits since they will need stable crypto! Also, many teams are building out P2P versions of Facebook, Twitter, Reddit, Uber, etc. using Ethereum.

[zoro]

i have high expectations from ethereum and i believe that it could be the second in capitalization after BTC!
it would be awesome if NU could cooperate with ethereum in some way

[crypto_coiner]

A programming language is ambitious – machines do stuff in situ of humans, right?
With ethereum, What do you make machines do ? And which machine do stuff?

Also a smart contract a certainly not a DAC in Nu view.

AFTER 1.5y, I have yet to be cleared about my questions about ethereum but i share vitalik fascination for the power of programming language

[Halcyonic]

Yes, a programming language is ambitious, I believe that’s why the project has gotten so much attention. With Ethereum, you make machines contribute to the security of a blockchain whose primary function is not to act as a store of value, but rather to be a platform upon which smart contracts can be easily developed. Different machines do different things depending on which smart contracts they are running/interacting with.

I did not mean to imply that a smart contract is a DAC, just that they could be fundamental building blocks of one. I think skepticism of Ethereum’s ability to deliver is warranted, but the desirability of such a system seems clear to me. Augur could be incredibly useful for Nu as it would create organic demand for stable cryptocurrency.

From Programmable Blockchains in Context
"So what do we mean by world computer? In essence, Ethereum simulates a
perfect machine — a thing which could never exist in nature because of
the laws of physics, but which can be simulated by a large enough
computer network. The network’s size isn’t there to produce the fastest
possible computer (although that may come later with blockchain scaling)
but to produce a universal computer which is accessible from anywhere
by anybody, and (critically!) which always gives the same results to
everybody. It’s a global resource which stores answers and cannot be
subverted, denied or censored "

[Sentinelrv]

If the devs are successful, it could end up being one of the primary blockchains used to help separate blockchains talk with each other.

So rather than being in competition with every other cryptocurrency, Ethereum is complimentary? For example, Bitcoin, Peercoin, NuBits, B&C and others could all co-exist with Ethereum and actually benefit from its existence?

[Halcyonic]

Yep, that’s how I see it. Ethereum itself is complimentary and a good thing for the whole ecosystem, although it might be used later on to build products that compete with Nu and B&C(very early stage and non-functioning stablecoins and decentralized markets are being built.)

[zoro]

well, “the hardest competition is the perfect cooperation”
i don’t remember where i read it!