Redistributing tokens is a balancing act. In most cases, forks probably want to keep ownership for users constant so users have at least the same incentives to use the new fork as the historical one. — Fred Ehrsam Copy Share Image
Tokens align incentives between developers, contributors, users, and investors. They allow everyone who wants to contribute to a project early the opportunity to get in on the ground floor. — Fred Ehrsam Copy Share Image
Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style… — Fred Ehrsam Copy Share Image
OpenAI is doing important work by releasing tools which promote AI to be developed in the open. Compute power is largely produced by NVIDIA… — Fred Ehrsam Copy Share Image
I'd guess blockchains will be the full-blown backbone of virtual worlds - the system for currency, assets, identity, even governance - before doing the… — Fred Ehrsam Copy Share Image
Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in… — Fred Ehrsam Copy Share Image
Bitcoin has a core technological innovation: The ability to publicly verify ownership, instantly transfer that ownership, and do so without the need for a… — Fred Ehrsam Copy Share Image
When you drill down, blockchains are really a shared version of reality everyone agrees on. So whether it's a fully immersive VR experience, augmented… — Fred Ehrsam Copy Share Image
Just like mutations to DNA in biological organisms allow for evolution through natural selection, forking lets us run multiple experiments in parallel where the… — Fred Ehrsam Copy Share Image
The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful… — Fred Ehrsam Copy Share Image
Redistributing tokens is a balancing act. In most cases, forks probably want to keep ownership for users constant so users have at least the… — Fred Ehrsam Copy Share Image
Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way. — Fred Ehrsam Copy Share Image
