Elliot Olds

@elliot_olds

Dev interested in AI, cryptocurrency, VR, genetics, econ, philosophy. Building ().

Seattle, WA
Vrijeme pridruživanja: travanj 2011.

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  1. Prikvačeni tweet
    18. ruj 2019.

    1/ My cofounder and I are releasing an early beta version of today. Atstake allows you to create two-person agreements where one or both of you stake ETH or ERC20 tokens which are later distributed in any way between you based on any criteria.

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  2. 30. pro 2019.

    The original essay in case you missed it. It contains probably the most underappreciated yet important idea in crypto: .

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  3. 30. pro 2019.

    Not convinced by 's essay arguing that PoS gives more security for less cost than PoW? Read the section "What about capital lockup costs?" here: You'll learn why hardware investments in PoW result in less skin in the game than staking in PoS.

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  4. 25. lis 2019.

    3/3 Finally, both the crypto-RMB and Libra (even if not technically cryptocurrencies) may have the positive effect of waking people up to the importance of (true) crypto. We're still in a 2017-hangover where many people see crypto as a fad.

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  5. 25. lis 2019.

    2/3 Similarly, China creating its own cryptocurrency positions public blockchains like Bitcoin and Ethereum as the philosophical alternative consistent with Western values.

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  6. 25. lis 2019.

    1/3 This may have a good long term effect on privacy/freedom because: Although bad for China, the Chinese surveillance state makes it easier to push for digital privacy/freedom in the West. Advocating policies similar to China's isn't a good look for Western politicians.

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  7. 19. ruj 2019.

    7/ Follow to stay updated on future developments with Atstake.

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  8. 18. ruj 2019.

    6/ We're very interested in any feedback that will help us make Atstake better. DMs are open. For more details including how we compare to similar projects see

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  9. 18. ruj 2019.

    5/ We're live on Mainnet, but you can try out Atstake without risking any real money by using the Rinkeby test network. Once you log in, our 'Getting Started' section tells you how to enable test mode and get fake ETH / ERC20 tokens from our faucet.

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  10. 18. ruj 2019.

    4/ Atstake has no fees, we don't have our own token, and our contracts () are open source. We're initially putting 60 ETH in one of these contracts to encourage eyeballs on our code.

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  11. 18. ruj 2019.

    3/ Disputes are resolved by an arbitrator who both parties agree to in advance. We provide a platform for any user to be an arbitrator. We'll soon add another arbitration option by integrating with .

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  12. 18. ruj 2019.

    2/ Atstake includes escrow but is more general: because it allows both people to stake money it can be used in many other cases as a lightweight replacement for the legal system.

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  13. 14. velj 2019.

    I'll be at working on a decision markets / futarchy project: Let anyone pay to create common knowledge about which policies will lead to which outcomes, by subsidizing Augur prediction markets. Focusing on political decisions. DM if interested in joining.

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  14. 15. sij 2019.

    The most boring topic I've ever written about, but kinda interesting as a study of the Bitcoin community in a runaway ingroup signaling loop:

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  15. 1. sij 2019.

    Smart contracts replacing legal contracts is a legit idea enabled by our new ability to write code which controls value outside of existing legal systems. The general idea of people posting a bond when entering into an agreement and forfeiting it if they misbehave is powerful.

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  16. 4. sij 2018.

    A paper titled "An (Institutional) Investor’s Take on Cryptoassets” has been getting showered with praise lately. This paper misapplies the equation of exchange, undermining many of its conclusions about how to value these assets. Details here:

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  17. 6. pro 2017.

    To understand the decisions of Bitcoin Core developers, you need to understand "security mindset." Best description I've seen: Whether BTC remains dominant depends a lot on how worthwhile it is to trade this mindset off for other goals.

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  18. 29. stu 2017.
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  19. 30. ruj 2017.

    Don't understand how a trustless swap of coins on two chains could be set up before a fork? I explain:

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  20. 25. kol 2017.
    Odgovor korisniku/ci

    5/ This is like arguing that balancing a vase precariously isn't reckless, if you don't control the *specific* thing that knocks it over

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