Too Long; Didn't Read
Investing in blockchain companies over the past couple of years, I’ve realized how little I know and how new the category is for venture investors. For fear of becoming dumb money, I went back to ‘school’ with a cryptography friend last week who schooled me in some basics on BTC, Byzantine Fault Tolerance, and distributed consensus protocols such as Paxos and Raft (employed on DLT such as Tendermint). We discussed everything in layman’s terms, and I’ll be publishing the key takeaways from our crypto tech meetups on Medium. We’re ambitiously hoping for once a month right now. I’ll attempt to summarize some of our first ‘class’ here.