Mathieu Buffenoir
@MBuffenoir
mathieu@sbex.ch
Swiss Bitcoin Association
(creation date: dec. 2013)
answer legal questions
educate, organize events
Bitcoin: it works !
Let's decentralize everything and regain control of our data
Traditional way of building a system ?
spying, data control, censorship, leaks, ...
Easy to set up, Easy to debug,
what we are used to
p2p
Not good to transfer values
(double spend issue)
Resilience, performance
Enter Bitcoin !
Bitcoin is a peer to peer network that maintains a public decentralized ledger of digital assets
Cryptography
Trustless environment
Open Source
Digital wallets
Protect your private keys !
Transactions
Push
This money I can spend, can now be spent by Y
Solving double spend problem
Transactions are stored on a public ledger called blockchain
Distributed between participants and kept synchronized
Permanent consensus
Miners get rewarded for including transactions into blocks by performing proof of work
Security
Mutisignature
Cold Storage
Avoid hosted services
Strong encryption
Proof of concept
-> Production
Mainstream adoption around the corner
Centralized services
Kinda cool, but:
Currency is just the first app !
bureaucracy & compliance
Voting
Shares of a company
Certificate of ownership
Smart contracts
Domain names
... to 100 % decentralized services
StorJ
Future implementations:
Social network where you get paid to share your data and keep control over it
Vending machine that buy refills on its own
Network of delivery drones that buy their electricity along the way
Crowdfunding where the money is automatically sent back if the minimum amount is not reached
Third industrial revolution ?
Energy locally produced (smart grids)
Network infrastructure (mesh networks)
Production facilities (3d printing)
Why should developers care ?
Keeping it open source and transparent.
Global currency supporting global services.
3.5 Billions unbanked
Because it's cool to be part of a revolution ! :-)
Meetups in every major cities of the world
Links
http://bitcoin.org + wiki
http://bitcoinassociation.ch
http://www.royalforkblog.com/
Questions ?
Thank you
Bitcoin, it works ! Let's decentralize everything and regain control of our data
By Mathieu Buffenoir
Bitcoin, it works ! Let's decentralize everything and regain control of our data
Soft-shake keynote by Mathieu Buffenoir
