NEO's Da Hongfei at a Harvard fireside chat claims that dBFT, by requiring elected miners to reveal identity but not being subject to any single jurisdiction, is best for compliance with world regulation without being controlled by any single country. He trusts the UN too much.
-
Show this thread
-
Da Hongfei believes in accountability via a posteriori retaliation against aggressors whose real identity is revealed, rather than more expensive a priori failproof safeguards. But who shall watch the watchman? Cryptocurrencies were invented to circumvent bad watchmen.
2 replies 0 retweets 1 likeShow this thread -
Da Hongfei still wants a non custodial decentralized exchange in the near future, with on-chain settlement, but centralized off-chain matching. No technical details givens though.
1 reply 0 retweets 0 likesShow this thread -
Da Hongfei thinks decentralizing personal data away from e.g. Facebook will drive adoption of blockchain technology. Me: But a public ledger has even less privacy and performance than a centralized private spy. Decentralized ≠ Blockchain.
2 replies 0 retweets 2 likesShow this thread
NEO is community driven but its development is facto quasi centralized. Da Hongfei wonders how this public service can be sustained in the long run.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
Read my blog!