Parag Agrawal @paragapp

ceo at twitter - device following @vintweeta San Francisco, CA Joined December 2017

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The Chaser @chaser

a year ago

Elon has blocked verified accounts from changing their names...

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eli @elibelly

2 years ago

just a bunch of tech nerds at the tweet factory. thanks for dropping by @paraga !

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Jake Tapper @jaketapper

a year ago

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Internal Tech Emails @TechEmails

2 years ago

Parag Agrawal texts Elon Musk April 9, 2022

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After some long and hard conversations with Elon we have both decided it would be in the best interests of the company for me to return as CEO of Twitter. We know this is a sudden change so here's what this means going forward 👇

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Parag Agrawal @paragapp

a year ago

A basic transaction is just what you see in the figure in section 2. A signature (of the buyer) satisfying the public key of the previous transaction, and a new public key (of the seller) that must be satisfied to spend it the next time.

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Parag Agrawal @paragapp

a year ago

The average total coins generated across the network per day stays the same. Faster machines just get a larger share than slower machines. If everyone bought faster machines, they wouldn't get more coins than before.

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Parag Agrawal @paragapp

a year ago

As an additional firewall, a new key pair should be used for each transaction to keep them from being linked to a common owner. Some linking is still unavoidable with multi-input transactions, which necessarily reveal that their inputs were owned by the same owner.

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Parag Agrawal @paragapp

a year ago

A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them.

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Parag Agrawal @paragapp

a year ago

Bitcoin would be convenient for people who don't have a credit card or don't want to use the cards they have, either don't want the spouse to see it on the bill or don't trust giving their number to "porn guys", or afraid of recurring billing.

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Parag Agrawal @paragapp

a year ago

It’s hard to imagine the Internet getting segmented airtight. It would have to be a country deliberately and totally cutting itself off from the rest of the world.

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Parag Agrawal @paragapp

a year ago

When there are multiple double-spent versions of the same transaction, one and only one will become valid.

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Parag Agrawal @paragapp

a year ago

The result is a distributed system with no single point of failure. Users hold the crypto keys to their own money and transact directly with each other, with the help of the P2P network to check for double-spending.

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Parag Agrawal @paragapp

a year ago

If you're sad about paying the fee, you could always turn the tables and run a node yourself and maybe someday rake in a 0.44 fee yourself.

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Parag Agrawal @paragapp

a year ago

It should be noted that fan-out, where a transaction depends on several transactions, and those transactions depend on many more, is not a problem here. There is never the need to extract a complete standalone copy of a transaction's history.

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Parag Agrawal @paragapp

a year ago

Bitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity.

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Parag Agrawal @paragapp

a year ago

I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network.