I've been waiting for a LONG time for an analysis of BTSync. While reading the analysis, I can only imagine what this spells for similar closed-source (yet purportedly "secure") file storage sites such as SpiderOak and MEGA. Thoughts?
Hmm...this seems like a very interesting venture. I remember websites like this (there was one where you could bet on practically any event, but the name escapes me). I read the paper and found many of the concepts very interesting. The question is, capitalism (as we know it) is built upon trust; it is the essential value needed in capitalism, so how will a "trustless" prediction market work? I'm very interested to see how this works out.