Former Bitcoin Core developer Peter Todd believes the fraudulent project Theranos has much in common with Ripple, Zcash, and Ethereum. The expert shares this opinion with the readers on his Twitter. This. Theranos was a successful scam because they really were developing new technology. The scam was in lying about what that technology could ... In the case of Bitcoin, this is currently a problem, but there exists a blockchain modification suggested by Peter Todd which will alleviate this issue. In the near term, Ethereum will use two additional strategies to cope with this problem. First, because of the blockchain-based mining algorithms, at least every miner will be forced to be a ... Peter Todd: Ethereum is a funny example, because the way it was launched, and the way it was promoted, that’s much more of a scam than any of the surf currency itself. Had Ethereum, for instance, been launched. I mean, it’s hard to kind of come up with an example of where this would be possible. Dec 5, 2017 Scalable Semi-Trustless Asset Transfer via Single-Use-Seals and Proof-of-Publication; Aug 17, 2017 Bitcoin Mining in Space Isn't Practical Yet, But It Is Hard Sci-Fi Former Bitcoin Core developer Peter Todd says that Ripple and Ethereum have a lot of in common with Theranos, the infamous bio-tech startup that turned out the greatest disaster of Silicon Valley.. This. Theranos was a successful scam because they really were developing new technology. The scam was in lying about what that technology could actually do and covering up failures.
Cypherpunk Peter Todd explains why he doesn't use hardware wallets to secure his bitcoin private keys, and also offers details on his preferred security procedures. ... 1:28:00 – Ethereum’s ... Peter Todd's thought on two competing concepts in cryptocurrency world: Proof Of Work vs Proof Of Stake. More detailed theoretical descriptions for both can be found below: A proof of work (PoW ... Decentralised systems are meant to be trustless. But our interactions with tech is always mediated by software. This talk will cover the threat, including real and hypothetical attacks, what it ... Peter Todd answers questions about Bitcoin, Ethereum and more - just one week before the fork. Close. This video is unavailable.