Jameson Lopp: Cypherpunk, Bitcoin
Crypto Voices
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Do You Know if You Think This Project Is Scammy or Not?
i think we're a long ways away from having a distributed decentralized reputation system that can act as a sort of consumer watchdog. i see icos as very similar to angel investing and if you're going to be doing that sort of investing you pretty much need to be doing it full-time and need to be an expert, says Jameson Tenapolis. The main difference between proof of work and proof of stake or any of these other um uh more efficient consensus algorithms is that proof of work uses something external to the network and to the protocol which is energy rather than money. jameson backed some bonds in Ripple's Binance program but has since pulled back because he doesn't like
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