Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

“Magical Crypto Friends” Decide on Technical Cypherpunk Conference

Published 05/18/2018, 01:47 AM
Updated 05/18/2018, 02:00 AM
 “Magical Crypto Friends” Decide on Technical Cypherpunk Conference
BCH/USD
-

A curious group distinguished itself during the Consensus 2018 event in New York - the Magical Crypto Friends. Known mostly by their Twitter handles, the quartet of experts includes @satoshilite, @fluffypony, @WhalePanda, and @excellion.

Behind the monikers are Litecoin’s Charlie Lee, Riccardo Spagni of the Monero project, the self-described Whale Panda, a prominent voice in the world of crypto, and analyst Samson Mow, CSO at Blockstream, among other occupations.

The four have built their personalities and hold lively, much anticipated discussions - when not giving away collectible stickers at conferences.

https://twitter.com/magicalcrypto/status/997171584799576065

But now, the Magical Crypto Friends are planning an event of their own, focused on the technical promises and capabilities of blockchains. The event would happen within the dates of the New York Blockchain Week in 2019, the annual gathering spearheaded by the Consensus event. The Magical Crypto Friends will have about a year to clarify their concept and build their event.

On Reddit, Blockstream and BitFury were already mentioned as potential sponsors to the event. Some believe a form of community funding would be suitable. Curiously, crypto conferences still sell their tickets in fiat, with only limited options to pay in crypto coins.

https://twitter.com/WhalePanda/status/997174661896179712

The Magical Crypto Friends have been known for their skeptical stance to overhyped projects, and possibly a shared dislike for Bitcoin Cash (BCH).

The Consensus 2018 conference, as well as other crypto-related events, have been criticized for swaying too much to the financial side. At the same time, blockchain technology is still young and faces challenges and hard decisions.

The increasing influence of ASIC mining is one of the pressing issues for many projects, such as ZCash, which see their GPU-mined coins potentially taken away from a wider fan base of miners and into the hands of centralized mining farms.

Other issues include governance, true secrecy and confidentiality, and the hot topic of decentralized exchanges. With a year to go, a lot can change in the world of cryptocurrency - but the Magical Crypto Friends would be here to stay as influential voices and critics, as well as technological explorers.


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.