“Magical Crypto Friends” Decide on Technical Cypherpunk Conference

Prominent coin leaders and Twitter celebrities, the four Magical Crypto Friends, plan the event for 2019.

A curious group distinguished itself during the Consensus 2018 event in New York - the Magical Crypto Friends. Known mostly by their Twitter handles, the quartet of experts includes @satoshilite, @fluffypony, @WhalePanda, and @excellion.

Behind the monikers areLitecoin’sCharlie Lee, Riccardo Spagni of theMoneroproject, the self-described Whale Panda, a prominent voice in the world of crypto, and analyst Samson Mow, CSO at Blockstream, among other occupations.

The four have built their personalities and hold lively, much anticipated discussions - when not giving away collectible stickers at conferences.

https://twitter.com/magicalcrypto/status/997171584799576065

But now, the Magical Crypto Friends are planning an event of their own, focused on the technical promises and capabilities of blockchains. The event would happen within the dates of the New York Blockchain Week in 2019, the annual gathering spearheaded by the Consensus event. The Magical Crypto Friends will have about a year to clarify their concept and build their event.

On Reddit, Blockstream and BitFury were already mentioned as potential sponsors to the event. Some believe a form of community funding would be suitable. Curiously, crypto conferences still sell their tickets in fiat, with only limited options to pay in crypto coins.

https://twitter.com/WhalePanda/status/997174661896179712

The Consensus 2018 conference, as well as other crypto-related events, have been criticized for swaying too much to the financial side. At the same time, blockchain technology is still young and faces challenges and hard decisions.

The increasing influence of ASIC mining is one of the pressing issues for many projects, such as ZCash, which see their GPU-mined coins potentially taken away from a wider fan base of miners and into the hands of centralized mining farms.

Other issues include governance, true secrecy and confidentiality, and the hot topic of decentralized exchanges. With a year to go, a lot can change in the world of cryptocurrency - but the Magical Crypto Friends would be here to stay as influential voices and critics, as well as technological explorers.

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