Note: AML stands for anti-money laundering and in the world of cryptocurrency equates to governments tracking source of funds for sketchy behavior by analyzing the web of transactions, wallets, and transaction ids and cross-referencing it with wallet addresses they’ve seen on the dark web.KYC stands for Know Your Customer and essentially means any time a […]
Kumar Thangudu
This post is for cryptocurrency folks who take an active interest in ethereum. To be clear, I’m an engineer, not a developer/programmer/or software architect. I do not read code, but I have a way with reading communities to understand systems and I often participate to learn more. Here’s what surprised me about Ethereum by forming […]
Kumar Thangudu
Experiment: “If I were the dictator of a resource rich country, I would do X in this system” In this case, I’m looking at cryptocurrency. I found one reddit thread on the topic. The immediate questions that came to mind: Are there any countries that are printing lots of money and buying BTC? Which countries would it […]
Kumar Thangudu
I run a free private group of 400+ crypto, payments, and fintech founders where members help each other navigate regulatory structures and close deals. It’s called Titans of Fintech. I run another such group with 50+ blockchain developers that are vetted by 2 CS PhDs who read through people’s open source code to vet everyone. […]
Kumar ThanguduEdit: Banking industry folks are firing shots at BTC for its electricity consumption costs. I think these people are the last people who should ever criticize bitcoin for its electricity costs. https://www.cryptocoinsnews.com/dutch-bank-suggests-bitcoin-mining-consumes-much-electricity/ 24 BN of gold takes a lot of energy/time to move. https://amp.ft.com/content/f08e7e00-3602-36a3-ab78-be34d66cb6e7 … Banks use a ton of paper: https://www.americanbanker.com/news/banks-use-more-paper-despite-e-statements-popularity […]
Kumar Thangudu
I’ve had death and blockchains on my mind a lot lately. I don’t have a solution to this problem, I’m just curious and opening a can of questions. My main curiosity has stemmed from talking to people who own a large quantity of cryptocurrency. It’s kind of morbid, but I ask them what would happen […]
Kumar Thangudu
Originally answered this question on quora.* This is a repost. TLDR: Short Term Most ICOs are poorly structured just like most startups. Power law will occur. Medium Term Humanity doesn’t know how regulatory bodies will adapt. Blockchains have a bloat and real-world interfacing issue, not with transaction sizes or speed, but with properly tracking death […]
Kumar Thangudu
In operations research, one of my specialty areas was graph-node attacks on polymer supply chains. This exercise consistently requires a decent level of math, thinking at the gigascale, lots of situational context, and plenty of simulation. Cryptocurrency is out of my realm/I can’t read the source code….so I’m quite a bit out of my element…. […]
Kumar Thangudu
I asked my security friend Noah Ruderman the following question: What do you think of BlackBytes and ZEC? — — — — — — — — — — — — — —Noah: currently the only cryptocurrencies that are worth taking seriously for privacy use either the zerocoin protocol, the cryptonote protocol, and the zcash protocol. the future […]
Kumar Thangudu
I spent time twitter bantering with WhalePanda about what it’s like being a whale and his concerns. I myself have taken a decent amount of interest in cryptocurrency. I find things like Bitquence and DentCoin to be exciting. I’m certainly not sure what will happen with Tezos. Here’s the interview with the Whale and more info he or she can be […]
Kumar Thangudu
I worked on this with Alexander Perkins an avid math and fintech mentor of mine who has been involved in cryptocurrency for the past few years. This is a list of things to watch out for in token sales. This is not investment advice. These are the token sales we’d take interest in: Technology must […]
Kumar Thangudu