Andrew Barisser's Open Letter To Reddit: Build On Bitcoin
Yesterday, Reddit's admin Yishan announced that they plan to create a cryptocurrency. Reddit raised $50 million in funding, and plans to share 10% with the userbase somehow, calling for the possible need for a cryptocurrency. The plan is in its infancy, but Andrew Barisser of Assembly Coins wrote an open letter to Reddit. He makes a strong argument for Reddit building on top of the Bitcoin blockchain, rather than creating another altcoin. Barriser says: "From a technical point of view, however, Reddit stands at a crossroads with many different paths. How to implement their vision so that....
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Andrew Barisser of Assembly Coins makes strong arguments for building on top of the pure Bitcoin blockchain, rather than creating alternatives. Recently he wrote an open letter to Reddit, where he argued that Reddit should stick to a pure Bitcoin blockchain approach to building their planned cryptocurrency initiative, rather than going sidewise with alternative approaches. Now, probably prompted from the recent news about the Medici stock exchange that is being developed with Counterparty technology, Barisser wrote a post to criticize Counterparty. Also read: Andrew Barisser's Open Letter....
The heat has been on crypto exchange KuCoin recently after a Reddit user called them out on Reddit regarding funds being held on the exchange. The user had first taken to Reddit to vent their frustrations in an open letter to CEO Johnny Lyu after making no progress with its customer support representatives. According to the user’s statements, the exchange was withholding ≈$50K worth of crypto on the exchange. The user explained that KuCoin had announced that they would be supporting a new BCH fork, eCash (XEC), leading them and many others to invest in the asset on the exchange. Problems....
A new project called ‘The Bitverse’ looks to creating websites that cannot be censored or suppressed by anchoring itself to the Bitcoin blockchain. Author, physicist, ex-Peace Corps member and current software developer Andrew Barisser shared a blog post today on Medium where he talks about his latest project to build what he sees as the beginnings of a decentralized website based on the blockchain. The working title of the project so far is “The Bitverse.” The goal, as Barisser stated, is to: “Construct(ing) a decentralized website in such a way that it cannot be censored or suppressed.....
Reddit just revealed their plans to create a cryptocurrency as part of a widely-supported move to share 10% of the equity raised with Reddit users. Hours ago, Sam Altman, a well known venture capitalist, announced that he was investing in reddit personally, not through Y Combinator. Also joining Sam in the $50 million USD fund raise for Reddit are Marc Andreesen of Andreesen Horowitz and Alfred Lin of Sequoia Capital. Sam Altman worked alongside Reddit's cofounders, Steve Huffman and Alexis Ohanian, nearly a decade ago when they were in the same Y Combinator's start-up batch. Editor's....
Andrew Barisser is a software and cryptocurrency engineer at Assembly. Previously he was a grad student in biophysics at UCSB, where he says a "gnawing fascination" with bitcoin led him to software. In this article, he shares lessons learned from creating his own bitcoin trading bot in the "shark infested waters" of Coinbase's new exchange. I've recently started trading bitcoins algorithmically on the new Coinbase exchange. After reading about high-frequency trading in the book Flash Boys by Michael Lewis, I decided I'd give it a shot myself, albeit in a clumsier, more amateurish way. The....