ethcs.org is a place where people share their stories, opinions, and contributions to the Ethereum ecosystem. Thanks to the generous interest and participation of the people at EthTrader.
Danny Ryan on Eth2.0 progress
Hey all,Thank you for your questions. Danny Ryan was kind enough to go through them. We probably answered all questions, even though not all of them were asked explicitly.
Also, note that we changed microphones after about 6 minutes - the audio quality gets much better.
2020: What does the future hold? With Darma’s Andrew Keys
It's my pleasure and honor to continue the Ethereum Community Series. About a year ago, the idea of talking to community members morphed into a YouTube/podcast series including jtnichol, Ameen from Spankchain, Paul Brody and Vitalik, among other wonderful guests. After taking a small break, I'll continue the series with Andrew Keys.
Please check Andrew's post, 20 Blockchain Predictions for 2020. Andrew is on Twitter, and here's his bio from Darma:
As Managing Partner at DARMA Capital, Andrew manages global business development and product strategy. Prior to DARMA Capital, Andrew was Head of Global Business Development and created much of the financial service offerings at ConsenSys, the world’s leading software company producing Ethereum blockchain solutions. Andrew remains on the Board of Advisors to ConsenSys.
During his tenure at ConsenSys, Andrew demonstrated the importance of blockchain tech in digitizing the global economy to central banks and Fortune 500 companies. In doing so, Andrew co-created the first Ethereum Blockchain-as-a-Service offering with Microsoft and launched the Enterprise Ethereum Alliance (EEA), an open-source cross-industry initiative that has grown into the largest open-source blockchain business consortium on Earth.
Andrew comes to DARMA Capital with a wealth of capital markets, technology, and entrepreneurial experience. Previously, Andrew worked for UBS in equities analysis. Later, he was responsible for the creation and distribution of alternative asset insurance products to hedge funds. After, he co-founded a healthcare revenue cycle management company, where he learned the inefficiencies of legacy databases and payment processing systems. This realization led Andrew to blockchain, Ethereum, ConsenSys, and then to DARMA Capital.
Andrew graduated from Loyola University in Maryland and the University of Auckland with degrees in economics and international finance.
Brad Vaivoda on Why This Seat is Occupied
About a month ago, Naviers_Stoked posted the insightful "This Seat is Occupied" essay. Brad and I sit down to have a chat.
Confessions of a Crypto Millionaire Prologue, by Dan Conway
Here is the Prologue to "Confessions of a Crypto Millionaire,” read by the author, Dan Conway (right-click here to download, or stream below):
Please check my talk with Dan, where we dive into his book.
Now available for sale, "Confessions of a Crypto Millionaire," depicts Dan Conway's story through the biggest retail-driven bull run in crypto to date.
Confessions of a Crypto Millionaire: My Unlikely Escape from Corporate America, now available on Amazon.com (US) & Amazon.de (EU)
Some of my favorite quotes
On ETH not making a whole lot of sense
The only thing that wasn’t making sense was the price of ETH. The fundamentals of Ethereum couldn’t be better. Transactions were rising daily, hundreds of dApps were now in development, the hashpower (processing power) of the Ethereum blockchain had grown by leaps and bounds over the previous three months and the developers conference had sold out in just a few days. The DAO disaster had happened six months prior, which is a lifetime in crypto, where everything moves at warp speed, because every player is animated by money. While the Ethereum platform was gaining strength, the price of ETH continued its slow-motion drop. This began after the DAO hack when a splinter group formed a copycat coin. By November 28, ETH had fallen to $8.81, putting us down 50 percent. We’d only realize that loss if we sold. We had no plans to do so, but we didn’t have an unlimited runway. Dan Conway, Confessions of a Crypto Millionaire
On subreddit culture
We developed our own euphoric subculture. J.T. Nichol, an early Ethereum believer and elementary school teacher from Kansas popularized the “Donut Day” meme by posting pictures of donuts being served at his school. Subsequently, every thirteen-dollar rise was deemed Donut Day. When newcomers to the thread asked how high we thought ETH would go, we’d all respond, Bout Tree Fiddy. We talked about buying Lambos, but most of us were kidding. We’d comment, This is gentlemen when the price suddenly shot up. I don’t know why. College kids were skipping class to watch the charts. We’d cheer them on and then remind them to get back to their schoolwork. A trader called Science Guy made screwball price predictions. After he returned from a brief trip, someone wrote, Welcome back, you filthy animal. Your technical analysis is shit, but it wouldn’t be r/EthTrader without you. Dan Conway, Confessions of a Crypto Millionaire
This talk is hosted on:The Podcast - RSS https://ethcs.org/feed/podcast/YouTube - https://www.youtube.com/watch?v=8ma9_sYxs5IDirect as an MP3 - http://ethcs.org/files/danconway.mp3
See also: the Prologue, read by Dan himself, at https://www.ethcs.org/confessions-of-a-crypto-millionaire-prologue-by-dan-conway.
Paul Brody on EY, Ethereum, and Enterprise
I tried to ask everybody's questions but for the sake of not getting too repetitive, some of them are answered in the conversation even though they weren't explicitly asked by me. Also, check out their miner, because it's easier to mine your own ETH for testing purposes.
This is a fast-paced conversation packed with insights, so let's get started!
"I think in many ways we had better questions and more insightful comments from the [Ethereum] community on Reddit than we sometimes get from professional journalists. The community has some technical knowledge that most professional journalists don't have, and honestly, they seemed to have put the dots together about our vision - the comments I've read online have often been much more thoughtful and much closer to [the vision that we have] than sometimes the analyses we read in the press."Paul Brody
Some questions on Paul..
* u/reterical asks two introductionairy questions. (timestamp)* “What first resonated with you about Ethereum and / or Blockchain?”* “Have you personally interacted with Ethereum projects?”
Some questions on EY building on Ethereum..
* u/reterical asks “Why did you and EY land on Ethereum as the project to build on?” (timestamp)* u/ethical-trade asks “How did you manage to convince your management to release Nightfall in the public domain?” (timestamp)* u/lilpath asks “In convincing your clients to use a public blockchain, what has been the most common and effective 'aha' moment that your team has given them?” Also, and I’m paraphrasing, “if blockchain is to revolutionize accounting (among other sectors), does EY see their dedicated jump into blockchain as a way to potentially leapfrog the rest of the Big 4, in terms of revenue at least?” (timestamp)* u/KingLeo23 and u/SteveAM1 ask about the EY Dye Pack. From your LinkedIn: “EY Dye Pack uses ZKP software to identify stolen tokens, prevent their usage, and issue replacement tokens to the victims of thefts, analogous to those exploding dye packs we all see in movies about bank robberies.” How does this work? Any technical paper to be pointed to? (timestamp)* u/runnlngoutofspaces says “The Github page reads ‘Note that this code has not yet completed a security review and therefore we strongly recommend that you do not use it in production or to transfer items of material value. We take no responsibility for any loss you may incur through the use of this code.”” When could we expect that Nightfall has undergone a 3rd party security audit and is safe to use in a production environment?(timestamp) (I'm sorry to have butchered your question!)* u/DboVilakati asks “Given EY's interest in developing on the public Ethereum network, how does EY hedge against stalled development (like scaling), regulatory risk, and 'competing' networks? I'm curious how a large organization such as EY plans for developing busi...