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Posted in Computer science, Cryptography, economics, Ethereum, Governance, Law

About Ethereum

The original article has been removed as it is now maintained here in the Ethereum wiki. The wiki contains a wealth of information about Ethereum, from an introduction to someone who knows nothing about it, to details about different aspects of it.

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Posted in Career

Finishing position at Sungrow

Today I was given a months notice, after which I will no longer continue in my position at Sungrow. If I had accepted full-time work a couple of months ago then I could stay, but they have hired a permanent full-time staff member, as well as a full-time intern for three months. I was also thinking about giving notice of termination for the position, since it was tricky having two positions and thinking about both of them, and isn’t great long-term, while it’s better to focus on one thing at a time.

I will now work full-time until I get funding on developing a sharding implementation, e.g. as a grant from the Ethereum Foundation (which I applied for and have had some response for, but not much; notably they wanted to see more progress).

Update: I have decided to leave my position today, 31 January 2018. I have handed over my tasks to other colleagues. I also asked my manager when he took us out for lunch if they decided to terminate my position because HR couldn’t have me continue working part-time. He said that it was also because of management as it was a bit of a waste of resources having an employee part-time. (He didn’t mention this, but as an example, it’s hard to work on projects if working part-time, and follow-up on phone calls and emails.)

Posted in Cryptocurrencies

Cryptos vs other methods for international payments

To convert a cryptocurrency like ETH to a fiat currency like USD via an exchange or a site like localethereum.com does incur a small fee. For instance, localethereum.com charges 0.25% (for a maker) or 0.75% (for a taker). But if you plan to hold the ETH then it’s not as much of a concern. BTC Markets in Australia charges 0.7–0.85%.

It’s lower than the fee with PayPal (2.9% plus 0.3 USD) or a credit card (e.g. Visa has 1.5% plus $0.10 for a swiped consumer card), but for a taker it may be higher than an international bank transfer. One of my banks charges $20 AUD for an international payment request. So if you’re transferring over $10k then an international bank transfer is the cheapest option, but otherwise if you’re transferring less than a crypto payment may have a lower fee.

Posted in politics

Vote Flux needs NSW party members

Flux is a gateway Australians can use, to participate directly in parliament, making the need for trust in elected officials a thing of the past. Elected Flux MP’s and Senators give up their autonomy and use their votes in line with the outcomes produced by the Flux ecosystem; an ecosystem comprised of ordinary Aussies like you.

Does that sound interesting to you? If so, check out their website. If you live in NSW, they need members in NSW. So if you live in NSW, consider signing up as a member. (Of course if you don’t live in NSW but live in Australia, you can still consider signing up, but it’s just less urgent.)