Podcast appearances and mentions of elaine ou

James Lovejoy, recent MEng MIT grad and former graduate researcher at the MIT Digital Currency Initiative, joins the show to talk about his masters thesis and associated project focusing on detecting double-spends in proof of work cryptocurrencies. Previously, little data was collected in a systematic way to detect double-spends and reorganizations across many cryptocurrencies. James' project sheds light on previously unknown security properties of PoW. In this episode:  How James came to work on Vertcoin Why James thinks ASIC resistance is valuable James' blockchain monitoring project and why it matters Why reorgs are challenging to detect Why investigating the economic damage of reorgs is difficult How James noticed a 51% attack in progress on Vertcoin and intervened to save Bittrex money – and how this can be replicated Why understanding Nicehash is critical to detecting and dealing with 51% attacks James' critiques of dominant theoretical models of PoW security How James found reorgs and counterattacks happening on BTG in real time Why exchange processes like KYC might actually help protect blockchains from reorgs How permissionless trading and leverage makes certain blockchains more vulnerable to attacks Rules of thumb for confirmation requirements for exchanges The issue with calling coins "Nicehash-able" – and why it's likely a lowball How exchanges can proactively mitigate the risk of 51% attacks and what they should be targeting How BTG developers finally defeated deep reorgs Whether James is confident in the long-term prospects of PoW Whether James still believes in GPU mining Content referenced in this episode James Lovejoy, An Empirical Analysis of Chain Reorganizations and Double-Spend Attacks on Proof-of-Work Cryptocurrencies Raphael Auer, Beyond the doomsday economics of “proof-of work” in cryptocurrencies Eric Budish, The Economic Limits of Bitcoin and the Blockchain Hasu, Prestwich, and Curtis, A model for Bitcoin's security and the declining block subsidy Carlsten, Kalodner, Narayanan, Weinberg, On the Instability of Bitcoin Without the Block Reward Moroz, Aronoff, Narula, Parkes, Double-Spend Counterattacks: Threat of Retaliation in Proof-of-Work Systems Judmayer et al, Pay-To-Win: Cheap, Crowdfundable, Cross-chain Incentive Manipulation Attacks on Cryptocurrencies Liao and Katz, Incentivizing Blockchain Forks via Whale Transactions James Lovejoy and David Vorick, ASICs and cryptocurrencies: benefits and drawbacks  [debate] Nic Carter, It's the settlement assurances, stupid [blog] Elaine Ou, Cryptocurrency Deals can Always be Erased, for a Price [article]

Let's Talk ETC! provides timely news about ETC (Ethereum Classic) and related technologies including: Ethereum, Bitcoin, blockchains and more. Feel free to leave requests, questions and comments below. ETC website: https://ethereumclassic.org ETC blog: http://ethereumclassic.org/blog ETC Slack: https://ethereumclassic.herokuapp.com Carlo Vicari's Twitter handle: @IOHK_CarloVetc Christian Seberino's Twitter handle: @chris_seberino ------------------------------------------------------------------------------------------------------- Info on many of the items we discussed can be found in the ETC newsletter which can be found in the ETC blog. A link to the latest ETC newletter and other info can be found here: ETC newsletter: http://ethereumclassic.org/blog/2016-... Elaine Ou's Twitter handle : @eiaine Slack monetary policy discussion channel: #monetary_policy ------------------------------------------------------------------------------------------------------- If you are passionate about anything related to ETC, and have something to say, we'd love to discuss that with you on the show. We are always looking for interesting guests so don't be afraid to ask! ------------------------------------------------------------------------------------------------------- We would like to thank IOHK (Input Output Hong Kong) for funding this effort.

TODAY'S

Bitcoin's governance model is often touted as a major reason it is likely to be replaced, due to its resistance to being altered.  Is it really a bug, or is it a critical feature?  Listen to Elaine Ou's article to find out more!   Link to the article:https://www.bloomberg.com/view/articles/2018-03-13/trump-s-chaotic-reboot-will-have-real-consequences --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Bitcoin's governance model is often touted as a major reason it is likely to be replaced, due to its resistance to being altered.  Is it really a bug, or is it a critical feature?  Listen to Elaine Ou's article to find out more!   Link to the article:https://www.bloomberg.com/view/articles/2018-03-13/trump-s-chaotic-reboot-will-have-real-consequences --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Tommy and Brady discuss bitcoin news from the past week, including Switzerland's ICO regulations, Charlie Munger's hatred of bitcoin, feeding chicks with the Lightning Network, and the latest price action. We take a look at how the bitcoin main chain works and why we need the lightning network. 1:22 - Switzerland ICO guidelines 3:33 - Bitcoin mining is bullish 5:54 - Elaine Ou (@eiaine) made a Lightningified chick feed vending machine 7:22 - BTC price (Tommy makes fun of Brady for putting rocket emojis on his trading charts) 10:53 - Bitcoin dinosaurs 19:43 - How Bitcoin and Lightning Network Work - The Basics Links from the show below. Newish to Bitcoin? Confused? Overwhelmed? We feel you. Follow us on YouTube, Medium and here for useful breakdowns of news, the social & economic implications of bitcoin and easy to follow howtos. We're just making the leap from learn to teach, your early support is huge.

Highlights from the roller coaster week for Bitcoin as it hit record highs and gets the green light from regulators to allow trading on the CME and Cboe. Guests include:Steen Jakobson, Saxo Bank Chief Economist, Joseph Stiglitz, Columbia University Professor, Christopher Ailman, CalSTRS Chief Investment Officer, Anne Richards, M&G Investments Chief Executive, Robin Niblett, Chatham House DirectorJim McCaughan,Principal Global Investors CEO and Elaine Ou, Bloomberg View Columnist.

Highlights from the roller coaster week for Bitcoin as it hit record highs and gets the green light from regulators to allow trading on the CME and Cboe. Guests include:Steen Jakobson, Saxo Bank Chief Economist, Joseph Stiglitz, Columbia University Professor, Christopher Ailman, CalSTRS Chief Investment Officer, Anne Richards, M&G Investments Chief Executive, Robin Niblett, Chatham House DirectorJim McCaughan,Principal Global Investors CEO and Elaine Ou, Bloomberg View Columnist. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

You can't go a day without hearing about ICOs or Initial Coin Offerings. By taking advantage of a regulatory gap and buzz surrounding cryptocurrencies, companies are raising millions of dollars by launching their own coins. But what's the point of these coins? What are they supposed to do? And what are the pitfalls? On this week's podcast, we talk to Elaine Ou, a blockchain engineer at Global Financial Access and a Bloomberg View contributor about the economics of ICOs, and how previous attempts at creating similar markets ended up as failures.