Messari's Weekend Reads 😎
self care, sleep & read.
|Ryan Selkis||Oct 5, 2018|
Messari’s Unqualified Opinions
The weekend is upon us, Crypto Springs is in the rear view (check out KWu’s podcast with highlights), and Cory is still working overtime this Friday afternoon on nonsense after a discussion I sparked with some journalists re Ripple’s ripples.
In other words, we’re keeping things light today and teeing up our weekend reads.
📑 Le Messari weekend reads:
‘Blockchain’ is a semantic wasteland - Nic Carter
Why everyone missed the most mind-blowing feature of cryptocurrency - Daniel Jeffries
The myth of the infrastructure phase - Union Square Ventures
So just what are the benefits of “crypto” anyway? - Simon Taylor
Bitcoin’s distribution was fair - Dan Held
The Riemann Hypothesis, explained - Jørgen Veisdal
And the week ahead…
Two weeks in! We have been working to integrate the feedback we’ve received from you so far on this new newsletter, so please keep the critiques coming. If there’s anything we should do better or any topic you want covered, let us know.
We’ve enjoyed getting this started. More good times ahead.
Have a good weekend, y’all.
- TBI & the Messari Team
P.S. Smash those share and subscribe buttons, and spread the love. Tweet at Messari for feedback, comments, or (more?) questions.
News & Analyses
Messari Compression Algorithm
Content and thoughts from around the web as summarized by the Messari team.
👀 [Analysis] Observations on crypto dev experience – Dani Grant
Crypto wallets still leave a lot to be desired for most crypto users. The amount of time it takes to process on-chain transactions frustrates people, and some dApps like IPFS even require a user to run a local node. It’s not easy to find an API where a developer can exchange one token for another, because those APIs could trip money transmitter regulations require upfront regulatory work to operate in all 50 states! Like any new technology, there are weird quirks in Solidity and the Web3 API that cause things to break under edge cases. Moreover, the permanence of smart contracts makes crypto development a unique beast that requires new mental models. (Messari | Source)
Quick Bits (Don't read that, I read it for you)
Choke Points (Exchange News)
💰Brokerage firm TD Ameritrade is investing in a new cryptocurrency exchange built by Chicago-based derivatives market Eris Exchange LLC. The ErisX platform will let investors trade bitcoin, ether, bitcoin cash, and litecoin, as well as futures contracts for cryptocurrencies. (Messari | Source)
One of South Korea's biggest cryptocurrency exchanges, Bithumb, will open a new decentralized exchange. The protocol separates order matching and order execution, which improves security and matching efficiency. (Messari | Source)
Startup Signals (ICOs, Cryptos, and Startups)
❷ Augur is rolling out version two of its platform. REP holders will need to migrate to a new smart contract if they want to upgrade, but version two will be backward-compatible with the current version. (Messari | Source)
The Powers That Be (Legal/Reg/Policy)
🔨 SEC files multiple amendments relating to bitcoin ETFs. on Oct. 4. After denying nine bitcoin ETFs proposed by GraniteShares, Direxion, and Proshares in August, the SEC reversed its decision and is now reviewing proposed rules for the ETFs. A final decision is expected by Oct. 26. (Messari | Source)
🇻🇪 Venezuela to start selling state-backed Petro in November after the Parliament passed a decree on the nation’s official oil-backed coin. Going forward, all the oil purchases into and out of Venezuela will have to be done through Petro. (Messari | Source)
🇺🇸 US lawmakers push for a definition for 'blockchain' in new congressional bill. If passed and signed into law, bill H.R. 6913, dubbed the Blockchain Promotion Act of 2018, would create a working group to study the technology and create a common definition for the purposes of government. (Messari | Source)
Did I miss something?
Send me the link, your twitter handle and your best imitation compression algorithm write up. If I like it, I’ll include your bit next issue (with attribution).
🎧 ICYMI, we also host & produce our own podcasts on Spotify, iTunes, and Google Play.
In our latest episode, Katherine was on the ground at Crypto Springs and interviewers a number of speakers and attendees about their experience at the much-talked about conference.
Listen on Apple Podcasts here, Spotify here, Soundcloud here, and Google play here. Happy learning!
We want your feedback!
We know Messari can feel like a couple different products right now, and we're working to unify our features into one overarching whole. To the end, We’ve made a Trello board to take in any and all of the feedback you have for us! Have at it 🛠
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