#Use cases from btc hackathon
Multi signature contracts
Decentralized reputation layer
Cointerra 2TH/s $5999 1700 units shipped = 9% hashing power
Charlie Lee - founder litecoin
Charlie Shrem - btc pioneer arrested,
Bitcoin mining = transaction processing
Incentives: block reward (next 20 years), transaction fees (
12 mining pools = 90% hash power
Mining future is not dead its transaction fees
#ethereum @Vitalik Buterin
Use blockchain for more then money?
Legal contracts of crypto currencies.
Put code into the blockchain.
Ether will be the currency
Swiss based, on open transactions
100 people working on it right now
Apps distributet on blockchain and torrent.
Organization: central & decentral
Ethereum use cases:
Decentralize everything like contracts, money, dns, dropbox, banking.
Contracts like: 2/3 releases 50% 3/3 releases 100%
Premind new currency to incentivice the creator of an idea, file, company or anyting!!!
Ethereum sounds like the next generation of software.
Bitcoin as perfect example of capitalism
Socialism forcing people becomes fascism
Bitcoin is voluntary thats why its good!
Coinpunk html5 wallet
Bit-card cold wallet
Bloqchan.com reddit + dodgecoin voting
#Mine for non profit: globumbus
Research mining pools
Buy a miner from cointerra.com
Premind coins to fund the project UFODAC
Bitshares.com replace stocks
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