CryptoBBQ; Moscow, Russia; 23 August 2018

1. /31@yegor256 1
Yegor Bugayenko
Life Without Blockchain
Moscow, Russia
23 August, 2018

2. /31@yegor256 2
@yegor256 1.8K
ZerocracyPalo Alto, CA
yegor256.com

3. /31@yegor256 3
zold.io

4. /31@yegor256 4
Centralized Payment Systems

5. /31@yegor256 5
$100
$100

6. /31@yegor256 6
500
1988

7. /31@yegor256 7
Decentralized Payment System
(aka Cryptocurrency)

8. /31@yegor256 8
Craig Wright
Illuminati
FBI + CIA
Aliens

9. /31@yegor256 9
The Evolution of Trust
3 components
Re

10. /31@yegor256 10
Duplication
1

11. /31@yegor256 11
$100
$100
$100
$100

12. /31@yegor256 12
Encryption
2

13. /31@yegor256 13
$100
$100
$100
RSA
$100
$20

14. /31@yegor256 14
Consensus
3

15. /31@yegor256 15
$100
$100
($70)
($60)
Double Spending

16. /31@yegor256 16
$60$70
Proof-of-Work

17. /31@yegor256 17
Arms Race

18. /31@yegor256 18
($70)
($60)

19. /31@yegor256 19
https://bitnodes.earn.com/
9713

20. /31@yegor256 20
https://digiconomist.net/bitcoin-energy-consumption
$3.7B/year922KWh/t
31 days

21. /31@yegor256 21
https://www.blockchain.com/en/pools

22. /31@yegor256 22
0 * 9713 = 1

23. /31@yegor256 23
$500m
https://www.reddit.com/r/Bitcoin/comments/5zxn7c/what_is_the_total_cost_of_all_the_bitcoin_mining/
+$10m/day

24. /31@yegor256 24
$111B
https://coinmarketcap.com/

25. /31@yegor256 25
0.5 vs 111

26. /31@yegor256 26
Zit
DAG
Hashgraph
IOTAByteBall
Blockchain
Dash
LiteCoin
Ethereum
Bitcoin
Nano

27. /31@yegor256 27
Proof-of-Work
Proof-of-Burn
Proof-of-Capacity
Proof-of-Stake

28. /31@yegor256 28
Cheaper
1

29. /31@yegor256 29
Faster
2

30. /31@yegor256 30
Smaller
3

31. /31@yegor256 31
WDYT?