Introducing The Kuwa Foundation: Identity for Humanity

We’ve formed The Kuwa Foundation, a nonprofit corporation. The foundation has partnered with the University of Massachusetts Amherst College of Information and Computer Sciences to make our vision of an open, decentralized, minimally intrusive and self-sovereign identity platform a reality (or at least a real working prototype). So we’ve hired five UMass Computer Science graduate students for the summer. We’re going to get something working. … More Introducing The Kuwa Foundation: Identity for Humanity

The Cryptoeconomics of Funding a Universal Basic Income

After a devastating earthquake in 2010, the world collectively pledged about $13B in aid to Haiti. That’s enough to give every Haitian a 50% pay increase for three years (on average). For far less than $13B, we could implement a basic income in Haiti that would lift millions of people out of poverty. This post is concerned with exploring ways to fund a UBI that we could distribute via a cryptocurrency. I compare inflation funding to transaction fees. I also provide basic projections for an inflation-funded crypto UBI in the US and Haiti. Even though inflation may also impose a “cost” on holders of the currency (through a loss in purchasing power), my analysis led me to conclude that it would be better to fund a crypto UBI through inflation. … More The Cryptoeconomics of Funding a Universal Basic Income

Read “Introducing Ethereum and Solidity” to get your feet wet with smart contracts.

“Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners” is a light introduction to Ethereum and its built-in scripting language, Solidity. At 179 pages, this book is not a comprehensive tutorial about building decentralized apps (also called DAPPS). The book does, however, provide a very brief overview of developing and deploying smart contracts on Ethereum. … More Read “Introducing Ethereum and Solidity” to get your feet wet with smart contracts.

“Bitcoin and Cryptocurrency Technologies” Will Teach You how Bitcoin Works

If you want to learn how Bitcoin works on a technical level, then read Bitcoin and Cryptocurrency Technologies. If you’re a nerd, you’ll love it. Princeton University hosts the book’s web page, which provides links to video lectures for each chapter. From that web page, you can also download Java programming assignments and a free pre-publication version of the book. Coursera has an online course (currently free) that’s based on the book. … More “Bitcoin and Cryptocurrency Technologies” Will Teach You how Bitcoin Works