Making Lemonade out of Lemons: Squeezing utility from a proof-of-work experiment

Earlier today I gave the following presenation at the R3 Cryptocurrency Round Table in Palo Alto. It covers “Bitcoin 2.0” ideas including alternative consensus mechanisms, costs of operating decentralized ledgers, use-cases for these new ledgers within existing financial institutions and potential hurdles including disproportional rewards.

[Note: citations and references can be found in the notes of each slide]

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