Discover and read the best of Twitter Threads about #DLT

Most recents (7)

Going to do an article about this at some point, but I just want to confront the whole trope re "Data's more valuable than oil".

Is it or not? I don't know and, honestly, I don't care.

But what a lot of us *should* care about is the fact that it's even a question..
Without meaning to get in to psuedoethics, philosophy and whatever other subjects the argument encompasses, there are a few realities that we have to acknowledge.

First - data is big business. In fact, some of the biggest in the world. Businesses like Facebook are built..
around the ability to be able to capitalise on all the little bits of data we are throwing out.

Second - while organisations like Facebook are predicating on the data we (often unwittingly) allow them to access, it can also be used for a lot of bad - see Cambridge Analytica.
Read 17 tweets
Find out the latest from the Bank of England on how Central Bank Synthetic Hegemonic Currencies (SHC) complement the legacy financial system and support monetary policy through a #NetworkofCentralBankDigitalCurrencies #DLT #Blockchain bankofengland.co.uk/-/media/boe/fi…
What I said in Zug. @bankofengland states, that central bank currencies should be run by central banks to complement the existing system, providing stability, efficiency and managing risk. The beginnings of rearchitecting the entire financial system!
According to @BIS_org, this is how central bank currencies fit into the financial system. bis.org/cpmi/publ/d174…
Read 4 tweets
Announcing new speakers for #MassiveAdoption (Memphis,TN on November 7-8, 2000 attendees) and re-announcing speakers previously confirmed in an effort to build a single comprehensive thread. We're currently at about 50% of our roster.

👇🏽👇🏽
#MassiveAdoption is the first event focused on onboarding curious professionals into the world of blockchains & digital assets, including Bitcoin.

We do this through TEDx-style talks, workshops & real interactive crypto experiences with 🔥 partners.

And whiskey, music & BBQ.
Just today, @YahooFinance wrote that the average Bitcoin holder in America is older, a parent & more conservative (in many regards) than many of us had imagined.

They can also #stacksats at @Safeway (thanks @trylolli 🍭)

This is who #MassiveAdoption speaks to.
Read 50 tweets
t20japan.org/wp-content/upl…

The link to that PDF

AND

THERE IS MORE

G20 have been BUSY for a long time, the evolution is maybe slow, but they arent stoping for it!

Agreeing on INTERNATIONAL TAXES is an IMPORTANT step
G20 wants to do many good things
And make sure there is an even playing field on several levels.

Two of which can be read at #25 & #26
Read 6 tweets
@PleaseProtocol Blockchain has already been widely accepted by the Innovators & Early Adopters.

2016: slideshare.net/manofsteelpan/…
2017:
&
2018: medium.com/@unicornlaunch…

Next: North American Early Pragmatists (see CNBC video)
cnbc.com/2018/12/18/sel…
@PleaseProtocol State vs. Bitcoin by @profwitiger

a single prophet is worth a million consultants
Read 19 tweets
1/ Let's get to the core of the report today; namely the conceptual framework that breaks down a #DLT system into distinct pieces in order to better understand the relationships between its elements.

Full report: jbs.cam.ac.uk/faculty-resear…

Alternative link: papers.ssrn.com/sol3/papers.cf…
2/ Speaking of elements: the framework consists of three types: layers, components, and processes.

Each layer is composed of a set of components, and each component comprises a set of processes.

In total, we identify 3 layers, 7 components, and 18 processes.
3/ Let's start with the base layer - the protocol layer.

The protocol layer is the foundation of the entire DLT system: it defines the set of formal rules that governs the system and codifies its architectural design.
Read 14 tweets
1/ Today, I'd like to share some of the highlights in Section 2 of our new report on #DLT systems (available here: papers.ssrn.com/sol3/papers.cf…).

We will provide a formal definition of a DLT system and explain some of the key concepts.
2/ Before diving into the key concepts, it is important to understand that unlike 'traditional' databases, DLT systems are designed to operate in an adversarial environment.
3/ That doesn't necessarily mean that there are adversaries actively trying to attack or sabotage the system; rather, a DLT system should be designed to tolerate the potential presence of malicious actors - to a certain extent.
Read 16 tweets

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