Discover and read the best of Twitter Threads about #HalFinney

Most recents (4)

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It's been almost a month since our last episode of The More Than Seven Seals of #TheCryptocalypse listed way more than 7 really bad omens for the cryptocurrency "industry."

Well things have gotten a lot worse since then. #TheOracleOfTulips has more to reveal.

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🧵1/Ω
The contents of The Book of Fraudits were revealed by the prophet #Mazars in the form of number-free "attestations" about the financial state of #CryptoCom, #Binance, and #KuCoin.

Note that the #KuCoin attestation has never been seen by mortal eyes.
🧵2/Ω
#Mazars LLP, one of the two quasi-legitimate accounting firms still auditing cryptocurrency exchanges not named @Coinbase or @Kraken, announced they would no longer audit crypto firms not named Coinbase or Kraken.
Read 12 tweets
This is the first-ever tweet on #Bitcoin posted 13 years ago.

A thread on the person behind this iconic tweet.

#GoSats
A lot of people speculate that he was in fact the legend himself #Satoshi and some major events point to the same.

But, Hal Finney denied these rumours and claimed not to be the genius behind Bitcoin.
Then who was he?

In simple words, He was no less than a legend who made paramount contributions and helped make #Bitcoin what it is today.
Read 17 tweets
[#THREAD] J’espère qu’il vous reste du jus pour cette fin de semaine car nous allons parler #NFTs !

De la définition, en passant par l’utilité ainsi que les pièges à éviter pour l’achat d’un #NFT.

Vous saurez tout, ou presque, au sujet de cette révolution numérique.

Let’s go ! Image
Un peu d’histoire

Les #NFTs ne datent pas d’hier et c’est le défunt #HalFinney, membre des #cypherpunks, ayant reçu la 1ère transaction #Bitcoin qui y pense en 1993.

Ce n’est qu’en 2012 que le premier projet émerge sous le nom de Colored Coins, puis en 2014 avec Counterparty. Image
Les projets précédents étant peu connu, c’est en 2017 et grâce à Dieter Shirley que les #NFTs tel qu’on les connait vont faire leur apparition.

Inventeur du standard ERC-721 sur #ETH, il va créer les premiers tokens pour qu’ils servent de monnaie d’échange sur #cryptokitties. Image
Read 27 tweets
Here's #HalFinney's back-of-the-envelope calculation from January 2009. Let's update that and turn it into a collective decision problem.
I'm starting with a bunch of simplifying assumptions:
1. The "ultimate payoff of world domination" is fixed at $10m per coin.
2. All-or-nothing scenario: world domination or bust. (I actually disagree with that.)
3. No interest rate or NPV accounting.
In that case we have a simple lottery. For one lottery ticket, you get a payoff of ε * $10M + (1-p) * 0, or simply $10M times ε. So what's your estimate for the world domination probability ε?
Read 16 tweets

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