Discover and read the best of Twitter Threads about #cryptonetworks
Most recents (4)
1/ @alexhevans recently dug into the numbers behind forks of #Bitcoin, #Ethereum, #Monero & #Zcash.
Main conclusion: Value can’t be forked away as easily as people like to think. placeholder.vc/blog/2018/9/17…
Main conclusion: Value can’t be forked away as easily as people like to think. placeholder.vc/blog/2018/9/17…
2/ Secondary conclusion: Despite parent #cryptonetworks retaining users, devs & value, the child forks trade at (puzzling) relative valuation premiums.
3/ To follow are graphs and conclusions from @alexhevans that are relevant to specific actors or ratios (if you're not a fan of long form writing 😉)
1/ #Crypto has created a *Republic of Value* reminiscent of the “Republic of Letters,” which some claim seeded the Enlightenment & Industrial Revolution. press.princeton.edu/titles/10835.h… 
2/ Global diversification of thinkers is key for #crypto as it breeds resilience to any nation's attempt at intellectual censorship.
3/ People ask, “What happens if the gov seizes mining equipment? Or bans crypto transactions? Or..." But banning minds from thinking and tinkering has proven near-impossible over time.
FWIW, my bet's on MV = PQ sticking around within #crypto with iterative extensions including some of those already put forth by @alexhevans @sall @wintonARK @sbmckeon and more (no disrespect to Jimmy here at all).
2/ Everyone's welcome 2 their own opinion rn, the models + market will tell the truth over time. If MV = PQ proves a valid way to analyze the economies of #cryptonetworks, as it has proved useful in physical economies, then that will materialize clearly through the research & #'s
3/ As an identity, MV = PQ is a relatively harmless mathematical tool, fits nicely with mapping money flows, and dimensioning both the supply & demand sides of an economy.
1/ Put together some informal thoughts on smart contract platforms for friends that I figured I should share. Clearly, this market is #Ethereum’s to lose.
2/ The reward, however, for any smart contract platform that can achieve #Ethereum levels of success is significant. Makes the expected value of investments potentially positive, even if low odds.
3/ #Ethereum has a “feature gravity advantage” over the upstarts, and a proven willingness to move fast and avoid ossification. So long as scale doesn’t make things a quagmire, such flexible governance will suit $ETH well going forward.
