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Submission + - Mastercoin: A Second-Generation Protocol on the Bitcoin Blockchain ( 1

xeniar writes: Alternative currencies have become a popular topic in the Bitcoin space. We have Litecoin and Primecoin introducing alternative mining algorithms with novel properties, PPCoin replacing mining entirely with a non-costly alternative, Ripple creating a cryptocurrency network that can store credit relationships and user-defined currencies, and over seventy more up and running with new ones being created every week. One particularly interesting project that has received a large amount of attention over recent months, however, is Mastercoin. The key difference in Mastercoin is this: rather than trying to bootstrap an entirely new blockchain, as every other cryptocurrency does, Mastercoin seeks to create an entirely new network of currencies, commodities and securities on top of Bitcoin itself.

Comment Apply to Google/Facebook (Score 1) 823

I had a masters degree and 6 years of tech experience in the Israeli Defense Force, and I thought I was god's gift to tech companies. Being rejected by Google fixed my arrogance for me. Working with some excellent people at another startup also helped me show some humility.

Postmortem - I reapplied to Google after 3 years, got hired, and subsequently resigned after 5 months. They're a great company, just wasn't what I was looking for.

Pound for pound, the amoeba is the most vicious animal on earth.