Top 10 Takeaways from Consensus 2016, Day 1

Lance Koonce
May 3, 2016 · 1 min read

By Lance Koonce

In no particular order:

  • Nobody cares about Satoshi Nakamoto
  • Someone should come up with a random company name generator that will combine other words with BLOCK, BIT, STACK, STREAM, CHAIN, COIN — it will save everyone a lot of time
  • Like the TARDIS, the Marriott Marquis is bigger on the inside
  • “Blockchain Technology” should be used to mean the blockchain + the stacks built on top of a blockchain (i.e., “blockchain” alone is the base)
  • It’s conceptually helpful sometimes to separate the Bitcoin protocol (proof of work etc.) from the concept of a blockchain distributed ledger. And sometimes it’s not.
  • No one — still­ — can define exactly what a smart contract is, in the blockchain context
  • The experience of financial institutions reacting to blockchain technology can serve as a rough guide for other industry verticals
  • There is still a gender diversity problem in blockchain development, but the women who are involved ROCK (see, g., Elizabeth Rossiello, Sandra Ro, Neha Narula, Meltem Dmirors, Elizabeth Stark)
  • Machine-to-machine communication and smart contracts and AI will one day lead allow us to automatically negotiate/resolve new transactions based on pre-set preferences
  • Everybody cares about Satoshi Nakamoto


Musings on Distributed Applications for the Arts and Beyond

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store