Ari Paul, CIO of BlockTower Capital, discusses the slump in crypto prices, and how infrastructure rolling out over the rest of the year could have a positive effect on the market. He also describes how BlockTower Capital thinks about security for its assets and what risks they consider. Additionally, we discuss the movement in some parts of the crypto community to build coins to be ASIC-resistant and whether or not that could adversely affect the security of those tokens.
BlockTower Capital: https://blocktower.com/
More info on custody solutions and how they could affect the development of the space: http://unchainedpodcast.co/mike-belshe-on-what-bitgos-kingdom-trust-acquisition-means-for-crypto-and-how-security-will-develop-in-the-future
Coins sorted by percent down from all-time high: https://onchainfx.com/v/aiTLnb
The Carlota Perez book, Technological Revolutions and Financial Capital: https://www.e-elgar.com/shop/technological-revolutions-and-financial-capital
Movements toward ASIC resistance:
Monero: https://www.coindesk.com/crypto-kill-switch-monero-going-war-big-miners/
Ethereum — Bitmain may have created an Ethereum ASIC miner: https://finance.yahoo.com/news/bitmain-developed-ethereum-asic-miner-194845158.html
Discussion around whether to hard fork Ethereum to make ASICs obsolete: https://www.reddit.com/r/ethereum/comments/87ucsk/would_you_support_a_hard_fork_that_obsceletes_eth/
Twitter poll on whether or not to hard fork: https://twitter.com/VladZamfir/status/979060233430552576
Siacoin’s decision not to soft fork to invalidate Bitmain’s new Siacoin miners: https://blog.sia.tech/response-to-the-sia-community-and-bitmain-653a12284098
Its previous blog post on why ASICs were good for security: https://blog.sia.tech/choosing-asics-for-sia-b318505b5b51
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