On the tenth birthday of the Bitcoin community, Arjun Balaji, founder and managing associate at Shomei Capital, explains why does not fear an excessive amount of about potential bugs within the code comparable to there was final fall, why we’ll see improved scalability, privateness and fungibility within the high cryptocurrency in 2019, and why he believes the Lightning Community will foster extra developer exercise on Bitcoin. He additionally explains his view that governance tokens and token curated registries can be much less fashionable than they have been in 2018 and the way such techniques additional entrench current energy constructions. We take a look at the completely different waves of crypto funds, how they’re going to differentiate themselves in the course of the crypto winter, and why we’ll see some consolidation in that sector. Plus, he explains why long-term, worth from safety tokens can be captured by underwriters and why it is unclear who’re the fitting traders for safety tokens.
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Arjun’s crypto theses for 2019: https://medium.com/@arjunblj/crypto-theses-for-2019-dd20cb7f9895
CVE bug in Bitcoin caught final fall: https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret