Get in for the tech, stay for the money, stick around for the lulz? As the market evolves from bear to bull and back, it can be hard to remember why you’re here in the first place. When all is crashing around you, it’s only natural to lose sight of what’s really important – the tech, the adoption and the long-term odds of success for crypto.
‘The community’ will not provide you with good information under these circumstances. The herd is always wrong – in a market, almost by definition. If you want to cut through the emotion of the current cycle and get back in touch with the fundamentals, then it’s well worth following a few key influencers: professionals who have been in crypto for years, who know what’s really going on behind the scenes, and who have an eye on the big picture and ultimate goals.
The Influencer we’ve chosen today is Sasha Ivanov, the Russian physicist who launched the Waves blockchain platform back in 2016. Ivanov has been active in crypto since 2013, building several businesses and projects before he crowdfunded Waves. Here, we’ve compiled ten of our favourite tweets:
#1. On the goals of blockchain research:
eventually #DLT tech will be just as secure as #cryptography. Actually the goal of DLT research should be to reduce the consensus problem to pure cryptography problem.
— Sasha Ivanov (@sasha35625) 24 октября 2018 г.
#2. On how blockchain isn’t suited to computation:
When trying to create a scalable #smartcontracts system you painfully realize that #blockchain is not meant for computations. it’s not that you can’t have complicated calculations on the #blockchain, it’s just they should be executed on the application layer on top of it.
— Sasha Ivanov (@sasha35625) 24 октября 2018 г.
#3. On the economic realities of decentralisation…
funny thing about #decentralization is it won’t prevail until it becomes more cost effective than centralized solutions. AND it really can, after all you share the work between more actors, and it is usually cheaper. Current #blockchain tech is very far from it, though
— Sasha Ivanov (@sasha35625) 22 октября 2018 г.
#4. …which won’t be adopted until it makes good business sense:
another funny thing is #decentralization can be imposed on humanity if either some benevolent dictator does it or it really makes sense business-wise. humanity as a whole doesn’t care about it too much just now. facebook is very fine for billions of people.
— Sasha Ivanov (@sasha35625) 22 октября 2018 г.
#5. On cryptocurrency as a distraction from blockchain:
https://t.co/QrhRmqM3NH #crypto per se is dead for the next several years at least, #blockchain on the other hand is very much alive. #cryptocurrency aspect of #blockchain technology is just a distraction
— Sasha Ivanov (@sasha35625) 10 октября 2018 г.
#6. On the new blockchain-enabled internet:
Permissioned #blockchain + open #blockchain in its current version + Internet 2.0 = Internet 3.0
Internet 3.0 + stable open #blockchain/DLT tech = Internet 4.0 (brave new world)$waves beyond the #blockchain— Sasha Ivanov (@sasha35625) 9 июня 2018 г.
#7. On surviving the ICO bubble:
I like the #ICO bubble, because when the dust settles we’ll be the guys who survived. $waves $bancor
— Sasha Ivanov (@sasha35625) 12 июня 2017 г.
Market manipulation is absolutely amazing with #Bitcoin. all news in #btc world is fake news, manipulators just ride on it
— Sasha Ivanov (@sasha35625) 6 января 2017 г.
#9. On open blockchains and security:
I have a dream that one day we’ll create 100% secure open blockchain. current state of #cryptocurrency affairs is very far from that
— Sasha Ivanov (@sasha35625) 17 октября 2016 г.
#10. On the interplay between public and private blockchains:
exactly. There’s going to be a huge synergy between permissioned and open chains, and $waves will benefit from it greatly. https://t.co/2cxPNLybTU
— Sasha Ivanov (@sasha35625) 30 апреля 2018 г.
And one for luck:
On how old money always finds new opportunities:
What is happening to #blockchain now: old money found out about new financial instruments. There’s no end in sight to this.
— Sasha Ivanov (@sasha35625) 8 июня 2017 г.
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