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A New Day — Meaningful Distributed Ledger Technology from Silicon Valley

  • Who are the operators of the “project?” Do they have what it takes to launch a universal digital currency?
  • What is the adoption strategy of the new currency? How realistic is it?
  • Is the technology which powers the currency built yet? If not, is it realistic to built it to spec? How realistic?
  1. Berlin had become electric — engineers were up 24/7 hopping from cafe to bar to couch transitioning from group downloads to late night coding sessions.
  2. Most of the top 20 coins were “BS” — engineers had deemed their technology impossible to create. Of the ones which released code, they were doing it at a pace which suggested operational mismanagement; worse, oftentimes the solutions provided by the code deviated from the core marketing of the cryptocurrency.

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