The Control - Issue #14
While price and enterprise adoption seem to be the most interesting talking points for the mainstream media and folks outside the industry, there's actually a number of more interesting topics if you look underneath the hood.
One of the most underappreciated topics is blockchain governance. Our recent post on The Control breaks down the governance of Bitcoin and Ethereum and highlights a project that is taking a fresh approach to governance called Tezos: "The Governance of Blockchains."
Required reading this week
Decentralization in Light of the Recent Amazon S3 Downtime — blog.sia.tech
S3's downtime yesterday is the latest support for the fact that increased reliability via decentralization is needed. Sia founder David Vorrick does a good job articulating that in this post.
A New Cryptocurrency For Coordinating Artificial Intelligence on Numerai — medium.com
I believe the most powerful feature of blockchain tokens is their ability to create stronger network effects than ever seen before. Numerai is issuing its own token to create network effects in the hedge fund it's building. There are challenges to the approach but I expect to see it used to build stronger network effects in a variety of industries in the coming years.
Business Giants to Announce Creation of a Computing System Based on Ethereum — www.nytimes.com
In 2014, brands like Overstock and Dell accepted Bitcoin and it boosted the credibility of the protocol. JPMorgan, Microsoft, and others announcing the Enterprise Ethereum Alliance will have a similar impact on the credibility of Ethereum.
Decentralized exchange has long been a holy grail. 0x released a white paper with a vision for a decentralized protocol to enable the exchange of ERC20 tokens.
A beginner’s guide to Ethereum — blog.coinbase.com
Linda from Coinbase gives a good primer on Ethereum.