Crypto 2.0 Lay of the Land

Describing the developments of the Crypto 2.0 space during 2014. Showing the evolution of technology offerings, covering successes and challenges for industry participants.

Transcript

1. Crypto 2.0: Challenge, Failure and Success Factors Dominik Zynis dz@ioresources.com skype: dominik.zynis ! twitter.com/chloregy ! September 4, 2014
2. Who am I? ! 15+ years s/w sales/bizdev ! JSON - alternative to XML ! Oracle / Hyperion Solutions ! Chloregy - sustainability news ! Mastercoin - protocol for token and trading using block chain tech ! current projects: Jetcoin, trading, industry analysis, etc dz@ioresources.com 2014
3. 3 Protocols Platforms Application Specific Infrastructure dz@ioresources.com 2014
4. Meta Coins Colored Coins - Open Assets Protocol: non-native asset issuance ! Master Protocol: asset issuance; p2p exchange (partial); integrated with Bitcoin Core ! CounterParty Protocol: asset issuance; p2p exchange; betting dz@ioresources.com 2014
5. Crypto Platforms & Protocols BitSharesX: 2B Coins, 10 sec block time, DPOS, TITAN (invisibility), BitAssets, Platform ! NXT: 1 Billion Coins, 60 sec block time, POS, Forging Fee, Asset Exchange ! MaidSafe: in development; ~4.3 billion coins, Autonomous Network Technology (ANT), Platform Ethereum: in development; Turing complete crypto-currency; Platform; proof of concept 12 sec on block time, concept lvl protocol development ! Ripple: 100 billion XRP, 5 second tx time, instant currency conversions, dz@ioresources.com 2014
6. Meta Coins Clones Chancecoin - mod of XCP focused on gaming/gambling ! Dogeparty - Dogecoin Blockchain, 1 Minute blocks, Community ! ClearingHouse - Viacoin Blockchain, 24 second blocks, op_bytes 80, dz@ioresources.com 2014
7. Infrastructure Coins API Network: In development, ! Storj: team formation, PR1 for Metadisk soon dz@ioresources.com 2014
8. Application Specific Coins Games - Huntercoin, Game League Coin, Coin2, LottoShares ! LTBCoin - Incentivizing Behavior for Let’s Talk Bitcoin ! jetcoin - crypto-based loyalty points for sports teams dz@ioresources.com 2014
9. Distribution Models Constantly Evolving ! POW and POS -Miners, Botnets ! Crowd Sale Model -Speculators, Investors, Buyers ! Ecosystem Stakeholder Allocation -Ripple,Ether, Storj, MaidSafe, LTBCoin -Incentive Based ! Leverage Existing Distributions -Stellar, LottoShares, BitShares dz@ioresources.com 2014
10. Organizational Development Open Community -Bitcoin, CounterParty ! Central Management -Non-Profits: Mastercoin, MaidSafe -For-profit: Ethereum, BitShares ! What forms scale? dz@ioresources.com 2014
11. License Models Open Source and Free -Ethereum, CounterParty, Mastercoin, etc ! Open Source and Not Free -BitShares model dz@ioresources.com 2014
12. Success Factors • Growth of Developer ecosystem • Number of Forks • Ability to attract money, ability to innovate without it is even better • Execution speed • Creativity and ability to pivot dz@ioresources.com 2014
13. Challenges • Linking Blockchains without centralized service providers • Merge of Native and Meta coins • Funding Developers • Driving Enterprise and Developer Adoption • seeing the use case in action • Disjoint between pre-sales/crowd sales and open source license • Long term developer attention dz@ioresources.com 2014
14. Thanks! ! twitter.com/chloregy ! Skype: dominik.zynis