Thoughts on Amazon Dash (Matt Webb) — In a way, we’re really seeing the future of marketing here. We’ve separated awareness (advertising) and distribution (stores) for so long, but it’s no longer the way. When you get a Buy Now button in a Tweet, you’re seeing ads and distribution merging, and the Button is the physical instantiation of this same trend. […] in the future every product will carry a buy button.
Lightning Networks (Rusty Russell) — I finally took a second swing at understanding the Lightning Network paper. The promise of this work is exceptional: instant, reliable transactions across the bitcoin network. But the implementation is complex, and the draft paper reads like a grab bag of ideas; but it truly rewards close reading! It doesn’t involve novel crypto, nor fancy bitcoin scripting tricks. There are several techniques that are used in the paper, so I plan to concentrate on one per post and wrap up at the end. Already posted part II.