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Basel Bitcoin Enthusiasts

Theme of discussion: The Bitcoin 'Tragedy of the Commons' problem. Please refer to for a description:

Presentation on the theme with contents:

1. Description of the issue

2. Is this even a relevant / real problem?

a. Future scenarios that could negate the problem

b. Future scenarios that could aggravate the problem

3. Possible solutions

a. Network Security funded through Dominant Assurance Contracts

b. Proof of Stake blockchain designs including current challenges. Alternative, as yet unimplemented, proof of stake designs.

c. Proof of burn as a future method of transitioning between blockchains while preserving the currency structure

d. 2 - way pegs between blockchains

The presentation is meant to be an introductory exposition on the theme to stimulate discussion. Effort will be made to start from basics, and not assume prior knowledge.

The meetup will be at Dept of Mathematics and Computer Science, Bernoullistrasse 16, 2nd floor seminar room 205.
If the door to the building (mensa) is locked, call[masked] 82.

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  • Rosamund K.

    An interesting perspective on the tragedy of the commons and why there probably is no such tragedy in the crypto world

    1 · April 25, 2014

  • Pete R.

    Meher Roy's talk and the discussions around it were extremely interesting. The attendees were mostly young students with a greater interest in the technical and mathematical aspects of crypto-currencies and the economics of mining rather than being motivated by the possible socio-political ramifications but still, I think all there had strong ideologies at heart.

    1 · April 24, 2014

    • Meher R.

      If anyone has any suggestions on people who could talk on social and political ramifications, I would love to know. Thanks!

      April 24, 2014

    • Pete R.

      On the contrary, I found it extremely refreshing to have technically-focussed discussions!

      April 25, 2014

  • Chris Dreyer C.

    Pity I couldn't make it - will certainly try to next time. For what it's worth, do not expect anything technical from me ... ;)

    April 24, 2014

  • Roman B.

    i cannot come. sorry for the short term cancelation.

    April 23, 2014

    • Meher R.

      Not a problem, we will see you the next time

      April 24, 2014

  • Rosamund K.

    April 20, 2014

  • Bernhard

    The meetup will be at Institute of Computer Science,
    Bernoullistrasse 16, 2nd floor seminar room 205.
    If the door to the building (mensa) is locked[masked]

    April 14, 2014

    • Meher R.

      Excellent, will update the meetup description soon

      April 19, 2014

    • Rosamund K.

      Great idea, Meher

      1 · April 19, 2014

  • Christian M.

    April 17, 2014

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