Bitcoin: A Swiss Bank for Everyone’s Pocket

Bonjour à tous ! content de vous voir tous ici C’est vraiment très sympa d’être de nouveau à Zurich Je pense que la dernière fois que j’étais ici j’ai dû faire un show avec l’assocation nationale des banquiers. Je peux vous dire qu’il y avait beaucoup plus de costumes dans cette pièce qu’aujourd’hui. Vous savez,…

Currency as a Language – DogeCon 2014

[ORGANISER] Andreas Antonopoulos! [Applause][ANDREAS] It is such a huge pleasure to be here today. This is such a great community.Everyone here welcomed me with such warmth and open arms, so thank you!Thank you so much for having me here tonight.I would like to talk about a couple important issues [regarding] regulatory legitimacy.The cryptocurrency space can…

Bitcoin Q&A: Mass adoption & peer-to-peer commerce

[ORGANISER] When do you think we’re going to see blockchain adopted by the biggest market places(like Amazon) and by the mass-sellers and buyers?[ANDREAS] What kind of blockchain? [Laughter]An open, neutral, borderless, censorship-resistant blockchain?Well, arguably, it’s going to be difficult for big sellers to adopt that.They have to operate within a system of money as weaponised…

Ethereum Q&A: We are all blockchain weirdos

[AUDIENCE] Hi Andreas. I will try to not fan-boy out here. [Laughter] Quick question. I’m in the space since 2016.Since the last influx [of new people in] 2017, I feel like there was a movement [of debate]…about Bitcoin versus Ethereum.I personally appreciate their differences. I like them both individually for what they are.However, I feel…

Bitcoin Q&A: How do payment channels work?

“Can you explain the Lightning Network and how payment channels with ‘locked’ funds work?”Yes. Let’s start with payment channels.Payment channels are [opened from]…transactions on the Bitcoin network that lock funds in a 2-of-2 multi-signature address.If I have a payment channel with Alice, that has [bitcoin] locked [in a multi-sig with one key from each of…

Ethereum Q&A: Smart contracts and law ambiguity

“Are smart contracts agreed upon, or are they more a way of saying,‘This is how I function. If you want to interact with me, you [must] follow these rules’?”Gabriel, I think part of the challenge here is, the words “smart contract” is very confusing for many people.The [term] “smart contract” leads people to believe that…

Ethereum Q&A: Gas and resource allocation

“How is gas used? Is it used only in Ethereum?” This is a very interesting question.Gas is a fascinating topic regarding Ethereum and other smart contract platforms.When people talk about Ethereum, a term you will hear almost immediately is “Turing-complete.”When you hear “Turing-complete,” it sounds like something that is a great feature to have.I mean,…

Ethereum Q&A: ‘Coin’ and ‘token’ terminology

“Is a colored coin a meta-coin?”I think the term “meta-coin” has only been used by me.I coined it back in 2014, when writing the first edition of ‘Mastering Bitcoin.’I wanted to differentiate between altcoins that have their own blockchain,and coins that use metadata on top of another blockchain.Nowadays, I don’t think that term is useful.…

Ethereum Q&A: Ether, ICOs, and securities

Rodney asks, “Ethereum pre-sale: ICO or not?Do you consider the Ethereum pre-sale [to be] an ICO?If so, why? If not, why not?This topic has been hot recently due to the recent SEC announcements about ICOs being securities.I’m curious to here Andreas’ thoughts on this situation too.”I think Ethereum probably has one of the best arguments…

Ethereum Q&A: What happens if there are bugs?

“What should be done when things go wrong with smart contracts,where funds are lost due to code error and bugs?”This is a really great question. In fact, it is the basis of a giant debate happening primarily in Ethereum.It started with the Decentralized Autonomous Organization (theDAO), which had a massive bug…leading to the loss of…