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Life Without Blockchain

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CryptoBBQ; Moscow, Russia; 23 August 2018

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Life Without Blockchain

  1. 1. /31@yegor256 1 Yegor Bugayenko Life Without Blockchain Moscow, Russia
 23 August, 2018
  2. 2. /31@yegor256 2 @yegor256 1.8K ZerocracyPalo Alto, CA yegor256.com
  3. 3. /31@yegor256 3 zold.io
  4. 4. /31@yegor256 4 Centralized Payment Systems
  5. 5. /31@yegor256 5 $100 $100
  6. 6. /31@yegor256 6 500 1988
  7. 7. /31@yegor256 7 Decentralized Payment System
 (aka Cryptocurrency)
  8. 8. /31@yegor256 8 Craig Wright Illuminati FBI + CIA Aliens
  9. 9. /31@yegor256 9 The Evolution of Trust 3 components Re
  10. 10. /31@yegor256 10 Duplication 1
  11. 11. /31@yegor256 11 $100 $100 $100 $100
  12. 12. /31@yegor256 12 Encryption 2
  13. 13. /31@yegor256 13 $100 $100 $100 RSA $100 $20
  14. 14. /31@yegor256 14 Consensus 3
  15. 15. /31@yegor256 15 $100 $100 ($70) ($60) Double Spending
  16. 16. /31@yegor256 16 $60$70 Proof-of-Work
  17. 17. /31@yegor256 17 Arms Race
  18. 18. /31@yegor256 18 ($70) ($60)
  19. 19. /31@yegor256 19 https://bitnodes.earn.com/ 9713
  20. 20. /31@yegor256 20 https://digiconomist.net/bitcoin-energy-consumption $3.7B/year922KWh/t 31 days
  21. 21. /31@yegor256 21 https://www.blockchain.com/en/pools
  22. 22. /31@yegor256 22 0 * 9713 = 1
  23. 23. /31@yegor256 23 $500m https://www.reddit.com/r/Bitcoin/comments/5zxn7c/what_is_the_total_cost_of_all_the_bitcoin_mining/ +$10m/day
  24. 24. /31@yegor256 24 $111B https://coinmarketcap.com/
  25. 25. /31@yegor256 25 0.5 vs 111
  26. 26. /31@yegor256 26 Zit DAG Hashgraph IOTAByteBall Blockchain Dash LiteCoin Ethereum Bitcoin Nano
  27. 27. /31@yegor256 27 Proof-of-Work Proof-of-Burn Proof-of-Capacity Proof-of-Stake
  28. 28. /31@yegor256 28 Cheaper 1
  29. 29. /31@yegor256 29 Faster 2
  30. 30. /31@yegor256 30 Smaller 3
  31. 31. /31@yegor256 31 WDYT?

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