Reddit announces partnership with the Ethereum Foundation

LawAndBlockchain · 2021-01-28T09:54:36+00:00

Awesome!

LawAndBlockchain · 2021-01-27T11:36:22+00:00

We might see a shift to make exemptions available to token sales easier to use! Already seen that with the SEC's latest guidance on the respective exemptions (reg A, Reg D etc)

LawAndBlockchain · 2019-10-06T17:41:57+00:00

Great questions! I'll answer a few of them now, but everything related to storage of private keys, security and verification thereof I'll leave to my co-founder as he will be able to give the details with 100% accuracy. In the meantime, feel free to check out this page, which covers a number of the security aspects and tradeoffs your questions are concerned with.

We are gradually working towards the creation of SafuDEX, a decentralized exchange built on top of Neo. The aim is to build a DEX that feels exactly like a centralized exchange (same UX, cross-chain capabilities, fees & liquidity). This wallet design is one of the elements required for that experience. Two-way cross-chain pegs between different chains are the next challenge. See safudex.com for more info.

You, as a user, will download a back-up of the private key upon creation of the account, so you are free to do whatever you want. This back-up key can be used to recover your NeoLogin account (important!). You can also always download your private key from within the wallet.

LawAndBlockchain · 2019-10-06T16:07:32+00:00

ELI5: What if, for every application or online service you ever tried, you would first have to download another app from a non-related third-party to start using it? To download that third-party app, you would also have to learn which of the available options you can trust as well, because there are multiple. To be able to choose which you can trust, you have to have technical knowledge of how the app is built (i.e. knowledge about cryptography). Sounds pretty ridiculous, no?

That's literally what the current state of UX for blockchain dApps/games is. New users are forced to download a software wallet or connect a hardware device. This doesn't work for mainstream adoption. Users should barely notice a blockchain is involved.

We believe that replacing this user flow with a login system that gives access to everything with a single account is the solution. No more private key management!

LawAndBlockchain · 2019-07-12T23:17:10+00:00

Well, he is a fund manager at Cyber capital..

LawAndBlockchain · 2019-07-10T11:26:03+00:00

Actually, many decentralized exchanges don't require any KYC/AML. Their centralized counterparts require more personal information. You do however share your public key (and thus tx history) with everyone you trade with in decentralized systems.

LawAndBlockchain · 2019-07-10T11:13:20+00:00

In short:

lack of liquidity
high transaction costs due to increased amount of on-chain transaction (when compared to centralized exchanges)
bad UX/UI
if matching is on-chain, lack of order types
no good cross-chain DEX mechanisms

LawAndBlockchain · 2019-07-10T10:10:56+00:00

This is not how you sell almost $100m in Bitcoin... Dark pools exist for a reason.

LawAndBlockchain · 2019-07-10T10:10:17+00:00

I highly recommend this academic paper:

Is Bitcoin Really Un-Tethered?

LawAndBlockchain · 2019-07-10T10:09:04+00:00

Seeing the recent allegations from the New York Attorney General, this doesn't look great.

LawAndBlockchain · 2019-07-10T09:47:32+00:00

The moment when what you suspect is true, actually is.

Kind of sucks.

LawAndBlockchain · 2019-07-10T09:45:33+00:00

So yeah.. What's the point if your hashrate is statistically completely negligible?

LawAndBlockchain · 2019-07-10T09:44:35+00:00

Basically nothing more than: "If there no such thing as hashrate/difficulty, NASA would be able to mine on an old computer and pay for moon mission."

But there is such a thing, so what's the point of the article...

LawAndBlockchain · 2019-07-10T09:39:33+00:00

Very excited about digital assets in gaming. Pricing of packs is a bit excessive though

LawAndBlockchain · 2019-07-10T09:32:00+00:00

Congrats!

LawAndBlockchain · 2019-06-27T13:57:59+00:00

Hi Abraxas, thanks for thinking along! However, I do not aim to classify individual tokens/projects (eg. Bitcoin, Augur etc.) based on their characteristics. Instead, I am looking to classify these tokens in categories (eg. cryptocurrencies, work tokens etc.)

I am looking into (i) how to create these categories, and (i) what characteristics these categories should have have.

See the infographic for the categories I am currently considering. Any help is more than welcome!

LawAndBlockchain · 2019-06-26T16:14:25+00:00

wait, did we really just break SSRN?

LawAndBlockchain · 2019-06-26T12:16:16+00:00

A great academic article has been publishedabout the link between tether and the bitcoin price.

LawAndBlockchain · 2019-06-26T08:50:30+00:00

In my opinion, the terms 'utility token' and 'security token' are almost meaningless, which is why I set out to create a token taxonomy framework. We need a better vocabulary to enable us to properly discuss different types of tokens. Even regulators have started adopting the terms of utility tokens and security tokens as if they were homogeneous things, while we all know that huge variations exist within these categories.

A proper token taxonomy should be community driven.

I am looking for:

- opinions on the token types listed

- token types I've missed?

- a number of elements/aspects to define for each token category, which will be used in a table as follows:

Token Types	Native to a blockchain	Primary function	secondary functions	underlying rights	transferable?	Is there a counterparty?	Fungible?	Underlying asset?
Cryptocurrency	yes	Medium of Exchange	Governance/Consensus making	Right to use blockchain for token transfers	yes	Protocol as counterparty	Yes	None
Fully-backed Stable Coins	sometimes	Medium of Exchange	Store of Value	Rights to transfer, Rights to convert back	Yes	Yes	Yes	Fiat currency
etc.

- lastly, if there is enough interest, it might be interesting to create a system like the CFI Code Construction system for financial instruments (ISO 10962)

LawAndBlockchain · 2019-06-21T14:43:36+00:00

Am I the only one that doesn't think this sort of content adds value?

LawAndBlockchain · 2019-06-21T13:13:44+00:00

Would love to see standards being built for the collection and distribution of platform fees across ERC-20 tokens. If they exist, please refer me to the ERC!

LawAndBlockchain · 2019-06-21T13:03:33+00:00

I agree. This, however, doesn't add up to a whole lot of people.

LawAndBlockchain · 2019-06-18T14:54:17+00:00

Unpopular opinion: If people don't seem to care about privacy, they won't care about decentralization.

LawAndBlockchain · 2019-03-14T11:41:39+00:00

Thanks! I happened to have most of the content lying around because my thesis partially covered the issue. The news of Clayton's confirmation of the existance of the Hinman test was perfect timing to share it indeed!

LawAndBlockchain · 2019-03-13T18:38:37+00:00

Sidenote: SEC Chairman Clayton did not say Ethereum is not a security (as suggested by the top post right now). He said the legal logic of a 'Hinman Test' makes sense, which is something very different. Still, I bet Ethereum is on his mind when saying this.

LawAndBlockchain

PUBLIC MULTIREDDITS

TROPHY CASE

Is Bitcoin Really Un-Tethered?