Thought Id share some advance news about what I anticipate is going to be the most important and potentially dominant cryptocurrency in the next 2-3 years, Ethereum. As Michel and I have talked about before, theres a natural desire, esp. with a quasi-governmental service like a currency, to have distributed decision making, but startups generally need a centralized mechanism to avoid getting bogged down. I though Id share this post from the founder of Ethereum which I think encapsulates many of the core issues involved in currency (esp. cryptocurrencies) and solves them in an elegant way. Source: https://bitcointalk.org/index.php?topic=412878.msg4524703#msg4524703
Posted on: Thu, 23 Jan 2014 08:16:35 +0000
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