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1  Bitcoin / Bitcoin Discussion / Bitcoin discussion with Silicon Valley VCs and investors on: September 16, 2014, 12:27:13 AM
Hello All, I am a founding member of a startup out in SF and will be setting up a live discussion with a group of investors, entrepreneurs and technologists. The channel will feature investors from the top firms in the Valley and the goal is to have a many-to-many AMA style discussion about Bitcoin. The chats/discussions will be anonymous so you can be as honest as you'd like. I thought the reddit community would be an awesome place to find interested people. If you'd like to receive an invite please enter your email here: https://docs.google.com/forms/d/1ZKnHEtHZjv4ZifYGRIv2Uq8YDzgXSQAWXmQlrcwY_qM/viewform

P.S. I've previously posted the following Bitcoin articles here: https://medium.com/@levandreessen/bitcoin-51-attack-considered-harmless-8c3410377fe6, https://medium.com/@levandreessen/an-internet-citizens-guide-to-ethereum-b12362e5cb90
2  Bitcoin / Bitcoin Discussion / Re: Bitcoin 51% attack considered harmless on: August 28, 2014, 04:14:25 PM
I liked your article.  I also thought THIS was a pretty decent layout of what opportunistic miners could do.  

I agree that 51% isn't necessarily the end, but it would be sufficiently bad that bitcoin would lose what little mainstream credibility it has.  However, miners don't have to get to 51% to cause issues.

Thanks! Agreed on the credibility point, though i think that would be short term. Actually read that article..pretty good and shows that the attacks that will/could happen in practice will be more about the subtle ways attackers can torment the network than some wholescale crazy action that kills the price.

3  Bitcoin / Bitcoin Discussion / Bitcoin 51% attack considered harmless on: August 26, 2014, 03:13:09 PM
Hey all here's another write up I just completed: https://medium.com/@levandreessen/8c3410377fe6

It tries to understand from first principles what a 51% attack can and can't accomplish from the perspective of someone who's trying to figure this out for the first time and isn't satisfied with just being given a list of answers i.e. you want to know **why** you can only double spend vs doing something way more extreme.

Please let me hear any feedback and any corrections to statements i've made. Should be a short read!

Thanks.
4  Alternate cryptocurrencies / Altcoin Discussion / Ethereum and Bitcoin: What will Bitcoin 2.0 look like? on: August 18, 2014, 12:05:01 AM
I did a bunch of reading and re-reading about the Ethereum protocol and in this post
https://medium.com/@levandreessen/ethereum-and-bitcoin-a-tale-of-two-networks-a82b61f0b479

I try to give an accessible overview of Ethereum and where it sits within the ecosystem. I then try to understand where Bitcoin itself fits into a future where the Blockchain technology is being used by all kinds of decentralized apps and the concept of a currency is potentially commoditized as an app in a platform like Ethereum.

I'd like to see a future where the Bitcoin protocol itself just absorbs all the best features but given the fact that networks evolve to do what they are best at doing it's possible that just as with social networks we have multiple formidable networks that fill their own niches and are equally valuable. Anyways read up here: https://medium.com/@levandreessen/ethereum-and-bitcoin-a-tale-of-two-networks-a82b61f0b479

and let me know your thoughts and send corrections my way these are also notes for myself and for anyone who'd find them useful Smiley
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