Building digital security, cryptocurrency trading, and capital raise platform at @INX_Group which pioneered first digital security IPO in US | Opinions my own
Aug 31, 2020 • 19 tweets • 4 min read
Hi All. The promised tweet storm on INX. Coming up for air after a busy week. Wanted to give some background on the genesis of INX, why we built the token the way we did, and give some answers to your questions. 1/n
INX was built at the height of the 2017 ICO cash grabs and scams. We knew that flimsy ICOs hanging on legal opinion letters as “utilities” and simple business plans alone (1) were wrong and on the line of legal/illegal and (2) weren’t giving investors what they deserved. 2/n
Dec 15, 2017 • 12 tweets • 2 min read
Gonna explain this again, since I guess you need a memory refresh:
1/ CEOs of major wallets were freaking out on high fees, said users were upset, couple threatened a malicious hard fork BEFORE 2x because THINGS WERE THAT URGENT. Claimed Core was holding them back, blah, blah
2/ Meanwhile SegWit was developed & tested for 2 yrs as a backwards-compatible way to enact a block size incr, fix malleability, make hardware wallets function better, more security for P2SH, improved script versioning, reduced UTXO growth, etc. B/c Core devs actually INNOVATE.