Reviews by Donald McIntyre
All coin and product reviews by expert Donald McIntyre.
"Success" in blockchains is not defined by more market cap, investors, developers or even users.
Success is defined by trust minimization, preservation of integrity and strict protection of property and agreements.Full review
If Tether can't just publicly show their bank statements, accounts, signed powers of attorney docs, and executives' authorized signatures against issued tokens, then it's very likely it's a fractional reserve gone *very* wrong.
Lesson: Trusted third parties are security holes.Full review
[The successful 51% attack on ETC] is a significant setback, but I think ETC still has a unique positioning as a PoW + Turing-complete network with an active community, with sound principles. The question is whether a recovery in the medium or long term is plausible or if the network, unless it grows significantly, is perpetually vulnerable, therefore unusable.
I think that continuing to build the stack as planned (a secure PoW base layer, with layer 2 sidechains, plus developer tools, continuous efficiency gains, and adding of new features in the long term) will get ETC closer to the long-term vision of a blockchain perfectly suitable for secure decentralized computing.Full review
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