“To the casual observer, most of bitcoin’s life is boring — months go by with relatively little action. Then when conditions are just right, bitcoin explodes into life, growing massively in size, and hijacking the consciousness of observers.” – Brandon Quittem Today we’re diving back into the series by Brandon Quittem that peers from a bird’s eye…
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By rummaging through the history and defining the philosophy of BCash and the various “big block” forks of Bitcoin, we may be able to get to the center of that elusive thing called “Satoshi’s Vision”…
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It feels like a good day for a long discussion comparing the trust model of government money, and the trust model of a decentralized, proof-of-work blockchain. Aka – Bitcoin vs. The Dollar.
Read MoreDisclaimer: If you are an ardent supporter of government projects, believe in the moral fiber of politicians, and in the power of voting to produce the greater good, then you will likely not enjoy this episode. You were warned 😉 It feels like a good day for a long discussion comparing the trust model of…
Read More“Ethereum’s #1 problem is not a problem of product-market-fit but one of engineering soundness. Ethereum architecture is based on a flawed and unscalable idea: it assumes that “smart contracts” need computations to be replicated on thousands and thousands of machines.” Today we cover Hugo Nguyen’s Twitter-thread-turned-blog-post on the flawed fundamental philosophy of the Ethereum system…
Read MoreSo what is the outcome of decentralized disruption? Who are the winners when there is a shift to an entirely new paradigm? Don’t miss the conclusion of Simon Morris’s excellent series on the lessons #Bitcoin & Crypto can learn from the history and challenges of the BitTorrent ecosystem. Somehow I managed to entirely miss…
Read MoreIn the context of Part 2, knowing that the true value of decentralization is in breaking rules, Simon Morris now explores the consequences of a systems “intent,” the incredible complexity and balance it requires to sustain them, & the paradox of making changes to a system whose power resides in its capacity to resist change….
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In the context of Part 2, knowing that the true value of decentralization is in breaking rules, Simon Morris now explores the consequences of a systems “intent,” the incredible complexity and balance it requires to sustain them, & the paradox of making changes to a system whose power resides in its capacity to resist change. Listen to Part 3 of Simon’s series on the lessons we can learn from BitTorrent.
Lets see if we can’t add 300 claps to Simon’s series by heading over to the original article and going trigger happy on the applause button at:
https://medium.com/@simonhmorris/intent-complexity-and-the-governance-paradox-bittorrent-lessons-for-crypto-3-of-4-1d14ac390f3f
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read MoreToday we cover Part 2 of Simon Morris’s excellent series on the lessons we can take from BitTorrent to better understand the goals and value of Bitcoin and Crypto. If it doesn’t break the rules, then why does decentralization even matter? Don’t miss the excellent article, with a few exciting updates from today about Lightning…
Read MoreBitcoin is an incredibly novel technology, there are few technologies that can boast the revolutionary impact that Bitcoin potentially has. However, there is still much to be learned from its predecessors and benefactors. One of those being the resilient and disruptive ecosystem of the BitTorrent protocol. Simon Morris, a 10 year veteran of the company,…
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