On Friday, 2 December 2016 Justin Bons will speak during the workshop on governance and the blockchain held during MoneyLab at Pakhuis de Zwijger.
Justin is the founder of Cyber Capital, a cryptocurrency investment fund in The Netherlands as well as a miner and trader. As an investor who manages a diverse portfolio of cryptocurrencies, Justin considers himself an investment strategist. He studies game theory and a cryptocurrency’s distribution, governance and degree of innovation.
Justin is not someone to shy away from controversy and is an active supporter of the Bitcoin Unlimited solution to the Bitcoin blocksize debate, a conflict that illustrates one of the governance challenges within the Bitcoin ecosystem. Many believe that the issue can only be resolved by a fork of the Bitcoin blockchain.
Two Chains Better Than One?
Justin was a moderator of a similar debate about the fork between Ethereum Modern and Ethereum Classic held during the Bitcoin Wednesday conference on 3 August, 2016. As a result of the decision by Ethereum core developers to go back on their promise of immutability in order to fix a flaw in a $160 million-dollar smart contract, there are now two blockchains where before there was one. Soon after the fork the two Ethereums were the two biggest digital currencies after Bitcoin with market caps of $860 million and $218 million respectively. Ethereum Modern, the original chain, previously had a market cap of about $1 billion dollars. Are two chains better than one?