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Lawson Baker

Lawson Baker is the Head of Project Zero at TokenSoft, a token sale platform for performing secure and compliant token sales.

Reviews by Lawson Baker

All coin and product reviews by expert Lawson Baker.

  • Lawson Baker on XRP Head of Project Zero at TokenSoft

    XRP is a security. Ripple is the issuer. Brad Garlinghouse, Chris Larsen, and other Ripple executives are subject to the anti-fraud laws under SEC jurisdiction.

    Full review 💩


  • Lawson Baker on EOS Head of Project Zero at TokenSoft

    Governance is hard. See the EOS (on-chain governance) low retail voter turnout for electing the Block Producers and the Zcash Foundation Community Governance Process (off-chain governance meets social signaling).

    Currently, around 5% of EOS holders have staked tokens to vote for the Block Producers. 15% is needed.

    The EOS low voter turnout is a result of low retail participation and centralization of the initial investors.

    Full review 💩


  • Lawson Baker on TrueUSD Head of Project Zero at TokenSoft

    [S]tablecoins represent a simpler product to audit [versus banks]. However, these organizations (i.e., exchanges) are very complex. TUSD (i.e., trust company and development/issuer company are separate) is likely a safer approach than the exchange company and development/issuer company being combined.

    Full review 🔑


  • Lawson Baker on Tether Head of Project Zero at TokenSoft

    Tether’s withdrawal fees smell like shit. Absolute shit.

    Can anyone name a single financial service with a withdrawal fee that increases in size as a percentage as the size of the withdrawal increases?

    Full review 💩
    Show thread Lawson Baker on Tether


  • Lawson Baker on Binance Coin Head of Project Zero at TokenSoft

    Tokenizing most co. equity will look like PDF'ing a newspaper to put it online in the long term. Tokenizing rights to future income cash-flow is the only real use case. BNB is a half-step in the correct direction. Full step requires on-chain cash-flow plus smart contracts.

    Full review 🔑


  • Lawson Baker on Ravencoin Head of Project Zero at TokenSoft

    Ravencoin is an interesting project to watch. Developers are definitely trying to use PoW but limit miner power with alternating hashing algorithms and a desire to fork to algorithms if the current setup is exploited.

    They have some interesting ideas, but I wonder how much a miner would be willing to invest with this seemingly adverse stance.

    Full review 🔑


  • Lawson Baker on Zcash Head of Project Zero at TokenSoft

    Let's face it.

    Zcash was an experiment may be way too early for the underlying technology.

    No one uses $ZEC for privacy b/c it was too complicated to enable privacy at launch.

    Privacy by default is the only way forward but not sure Zcash's current setup can enable.

    Full review 💩


  • Lawson Baker on Telegram Open Network Head of Project Zero at TokenSoft

    Telegram has 200M users and no longer have the same startup and founder risks found in every new ICO project. Now with over $1B in funding they have the capital to copy + paste the best OSS ideas into GRAMS.

    Full review 🔑