Showing posts from July, 2018

Algorand white paper review

This article briefly reviews the Algorand technical paper  as well as their white paper for investors. I don't know if the investor paper is public, so I wont link to it. But if you have seen you then you will know you have the right on if: * In Chinese * 1,208,476 bytes * SHA256 d2fe315b4410dbf88e6054555d5b04c6edddef6c2ea6e1d1a12bbedf47b9eeff Investor analysis: * 写软件好容易。为什么找投资方?为什么不要直接写软件再找顾客? * 复印软件好容易。他们的网络开通之后我们怎么知道别人不会复印他们? * 区块链理论说的好清楚:一个网络不能同时安全、去中心化和有速度。他们发表了文件之后大家为什么还是相信这个理论? * 第一句话开头是“目前没有一种加密货币。。。。。。”。已经好明显作家不懂区块链市场。为什么?应为加密货币是个应用但是以太坊是个平台。他们想开发一个系统不要开发一个应用。 * 他们的白纸没有提到spam或gas的问题。 Technical analysis: You can see the weaknesses in these strong assumptions in the white paper. • "[Adversaries] cannot interfere in any way with the messages exchanges among honest users. We assume that every propagated message reaches almost all honest users in a timely fashion." * "each small set of players associated to a step ... most probably has