CryptoEconomics Mental Models
Abstract:
Vitalik Buterin, Joseph Poon, and Karl Floersch take the stage to talk about the latest development with Ethereum.
Commentary:
Ethereum core community seems to be making consistent progress although no timeline for scaling was discussed in this panel.
Notes:
Plasma cash
Ethereum core side is good, more little problems on efficiently
Inter Blockchain and inter state communications
Onchain governance is scary
Most onchain voting is vulnerable to attacks
Atomic swaps in general
Not enough people working in this space
People are working on projects that seem to be consumer facing but it’s very early stages
A lot of crypto economics really works if it peer to peer oracles
Decentralized oracles
Everyone is assuming it
Very under researched right now
On boarding people into the space is very important
Working on bit torrent
Channel over plasma
You can run channels on top of plasma
Idea of central depositors to automatically update transactions
But does it really scale up
Slowly being more pessimistic about DAO
Governance that’s vulnerable to bribery and collusion
DA ICO
In favor of proof of stake 99%, and 1% proof of work
Generate proofs
We don’t confirmation bias each other
Think separately
Read separately
