One Engineer's Experience Building on Ethereum versus EOS
By Leo Zhang
May 18, 2018
Technical Updates
Today we had a conversation with Kedar Iyer, blockchain engineer at Everipedia, a decentralized encyclopedia built on EOS. We talked about his experience working with the two leading dapp networks, why EOS will be better infrastructure, and why Ethereum is more fun.
We remove all the scripts... and just have cryptographic commitments that hide information but ensures it’s integrity :) so can we still do cool stuff if we only have commitments? Yes using scriptless scripts. How we can encode smart contract information into digital signatures.
"While the company is not taking a technical position at this time, should the foundation (or anyone else) propose an upgrade that has gone through the Zcash Improvement Proposal (ZIP) process and comes with the rationale, engineering and planning required for a safe network upgrade, we will consider merging it in and committing to its ongoing support."
We're in the digital age, why are we thinking about money as tokens? Tokens come from an Agrarian age. Maybe it's time revisit this as if we were children born into a digital age with no historic hangover. /2
State of blockchain Q1 2018
(CoinDesk)
"* Bear market takes hold in multiple cryptocurrencies. Price, transaction volume, exchange volume, and more all down over 3 months.
Bitcoin hashrate continues to grow by 47% despite slumps.
$6.3bn for ICOs and $885mn for VC. The average ICO raise amount has about doubled from last quarter of $16mn to $31mn.
Transaction fees fall from 60% to 90% with bitcoin averaging a $9.49 fee per transaction.
Sentiment Survey: 31% paid taxes on their crypto gains. 18% of U.S. respondents said they thought understanding taxes were easy compared to 38% of Non-U.S. respondents."
Subtle shift in function has occurred. Most of the “vc” (particularly new funds) is actually investment banking. They’re underwriting new offers and not necessarily taking long term venture bets. https://t.co/eAeRS44Lj0
