16 Matching Annotations
  1. Jun 2019
    1. The company has sky-high hopes that Libra could become the foundation for a new financial system not controlled by today’s power brokers on Wall Street or central banks.

      Facebook want another way to circumvent government? Well, let's circumvent Facebook.

  2. May 2019
  3. Apr 2019
  4. Mar 2019
    1. Affect Theory and the New Age of Anxiety

      The TLDR here is that this piece has little directly to do with cryptocurrencies. But it happens to sit at a weird intersection of stuff I happen to be interested in.

      So here goes: Affect theory says how we feel explains what we do. That’s what explains populist/popular movements like Occupy, Trump supporters, and other loosely organised, mass movements that all seem to originate on the internet before meta sizing beyond the network.

      Affect and politics could also be what explains the popular appeal and the movement behind cryptocurrencies. It could also explain why crypto proponents are particularly resistant to criticism: a surgical takedown of bitcoin’s monetary policy problems matters less than how stateless coins make its proponents feel.

      Anyway, my previous snippet got lost on the WiFi, so this is a rather disjointed recollection of it. And this is my summary of the day.

    2. larger manifestations

      Again, the popularity of cryptocurrecies might be understood in terms of these other, popuist/popular, movements as well. Movements formed as a reaction to something.

    3. They saw our world as shaped not simply by narratives and arguments but also by nonlinguistic effects—by mood, by atmosphere, by feelings.

      Per the notation below, this might describe what the crypto world is all about. Less about monetary policy—more about how monetary policy makes them feel.

      🔗 The theoretical schools around affect )are interesting rabbit holes to explore here, with apologies to my postgraduate lecturers!

    4. Where did the seeming surplus of emotionality that we see on the Internet come from, and what might it become?

      This particular line resonates with what happens in Crypto-land, I think. For a couple of reasons: Crypto-land itself is largely constituted of online interactions. Secondly, crypto-land is nothing if not overflowing with a “surplus of emotionality”. Perhaps this is why we see an overlap of communities interested in Trumpian politics and ideas, and cryptocurrencies. They might be interested or attracted to the same thing: how these subjects make them feel.

      🔗 Brian Massumi has much to say about politics and affect. His idea is that the pre-emptive policies of post-9/11 counter-terrorism creates an atmosphere of “low-lying fear”—an affect of terror.

    1. “token curated registry”—basically a listicle, with equity.

      This is probably the clearest and most pithy description of a "token curated registry" I have read. And I tried very hard to explain the concept in articles like this one, about Civil.

      🔗 Here's the canonical thing on TCRs, by Mike Goldin.

  5. Oct 2018
  6. Sep 2018
    1. An AX.25 packet radio chat protocol with support for digital signatures and binary compression. Like IRC over radio waves. 〰
    1. This document specifies version 1.3 of the Transport Layer Security (TLS) protocol. TLS allows client/server applications to communicate over the Internet in a way that is designed to prevent eavesdropping, tampering, and message forgery. This document updates RFCs 5705 and 6066, and obsoletes RFCs 5077, 5246, and 6961. This document also specifies new requirements for TLS 1.2 implementations.
  7. Jun 2018
  8. Dec 2017
    1. The number of transactions the blockchain can process can never exceed that of a single node that is participating in the network.

      Not sure if I understand this correctly. Does this mean the number of transactions that a blockchain-powered network can process is equivalent to the number of transactions that the slowest node in the network can process? If so, I haven't heard such limitation.

  9. Jun 2017
  10. Oct 2015
    1. Nearly all ap­pli­ca­tions of prob­a­bil­ity to cryp­tog­ra­phy de­pend on the fac­tor prin­ci­ple (or Bayes’ The­o­rem).

      This is easily the most interesting sentence in the paper: Turing used Bayesian analysis for code-breaking during WWII.