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Blockchain Proof of Work is a Decentralized Clock

“This explanation rests on illustrating a few interesting properties of how Proof-of-Work is used in the blockchain that are not immediately obvious and sometimes are rather counter-intuitive, for example how participants collectively solve a problem without ever communicating .” – grisha

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Read_438 – Blockchain Proof of Work is a Decentralized Clock [grisha]

“This explanation rests on illustrating a few interesting properties of how Proof-of-Work is used in the blockchain that are not immediately obvious and sometimes are rather counter-intuitive, for example how participants collectively solve a problem without ever communicating.” – grisha While we incessantly focus on the side-effects of the proof-of-work system in Bitcoin, the security…

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A Monetary Layer for the Internet

“The project was initially understood as yet another doomed attempt to construct a digital currency by the disillusioned cypherpunk community. And without anyone’s permission, Bitcoin slowly emerged and diligently grew to become adopted by a small group of computer researchers, cryptographers and engineers curious to decipher the technology.” – Thibaud Marechal

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Read_437 – A Monetary Layer for the Internet [Thibaud Marechal]

“The project was initially understood as yet another doomed attempt to construct a digital currency by the disillusioned cypherpunk community. And without anyone’s permission, Bitcoin slowly emerged and diligently grew to become adopted by a small group of computer researchers, cryptographers and engineers curious to decipher the technology.”  – Thibaud Marechal Another great article at…

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Bitcoin is One for All – By Parker Lewis

Unabridged, Uninterrupted, & unmatched. Parker Lewis’s most recent installment of the “Gradually, Then Suddenly” series.

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Bitcoin is One for All – By Parker Lewis

Unabridged, Uninterrupted, & unmatched. Parker Lewis’s most recent installment of the “Gradually, Then Suddenly” series. Read the original and check out the data accompanying the piece at the Unchained Capital Blog below: https://unchained-capital.com/blog/bitcoin-is-one-for-all/ Check out the entire Gradually, Then Suddenly playlist on Spotify here: https://open.spotify.com/playlist/4NRn7e8FbNtoCLSigf8GV4?si=RnrAdkrSTmmMrh6rECxrbg If you would like to sponsor or support this podcast…

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Stephan Kinsella on Intellectual Property in the age of Bitcoin

Stephan Kinsella joins us today for a fascinating discussion on the morality and concept of property in the digital age. Is it possible to own Bitcoin? Do we legally own it, or are we simply the ones in control via the rules of the Bitcoin system?

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Chat #46 – Stephan Kinsella on Intellectual Property in the age of Bitcoin

“I was just amazed when Bitcoin emerged, and I’m like ‘I think someone finally cracked this and figured it out,’ it’s ingenious right?” – @NKinsella Stephan Kinsella joins us today for a fascinating discussion on the morality and concept of property in the digital age. Is it possible to own Bitcoin? Do we legally own…

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Don’t Fear the Reaper

“Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin.” – Nic Carter

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Read_436 – Don’t Fear the Reaper [Nic Carter]

“Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin.” – Nic Carter Nic does it again with a great piece on the potential future where inflation is needed to “secure” Bitcoin in the post reward era. Will it still be Bitcoin? Can it be secured?…

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