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Top 10 Takeaways from Consensus 2016, Day 1

By Lance Koonce

In no particular order:

  • 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

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Lance Koonce

Father, Tech/IP Lawyer, Dis(Mis?)placed Carolinian. Tweets about #IP #blockchain #bitcoin #AI #VR #privacy #NYCtech