“In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work.” Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control. Concluding Section 5 of the incredible Thesis by iterative.capital, “Machine Consensus Via Proof-of-Work.” Feel free to send some satoshis…
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“In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work.”
Read More“How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?” Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control. Section 5 of the incredible Thesis by iterative.capital, “Machine Consensus Via Proof-of-Work.” Feel free to send some satoshis or…
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“How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?”
Read MoreToday we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system in a free and collaborative environment. Continuing with Section 4 of the iterative.capital Thesis on The Cryptocurrency Phenomenon. Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76…
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Today we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system in a free and collaborative environment. Continuing with Section 4 of the iterative.capital Thesis on The Cryptocurrency Phenomenon.
Read MoreA short episode today introducing the video walkthrough of the Initial Setup of the Casa Bitcoin & Lightning Node, and configuring your router to be both accepting requests for blockchain data for Bitcoin & routing payments for Lightning! A must for any Node Operators out there. Feel free to send some satoshis or open a…
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A short episode today introducing the video walkthrough of the Initial Setup of the Casa Bitcoin & Lightning Node, and configuring your router to be both accepting requests for blockchain data for Bitcoin & routing payments for Lightning! A must for any Node Operators out there.
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Going through the initial setup of the Casa Bitcoin & Lightning Node and ensure your router settings are correct to serve the blockchain to the Bitcoin P2P network, as well as have your Lightning node reachable to route payments on the Lightning Network! We have more videos to come in the future, be sure to subscribe and stay tuned 😉
Read MoreToday we continue through Section 3 of the Iterative.Capital Thesis on the Cryptocurrency Phenomenon exploring the Open Source process, how free software dominated the internet, and how the hacker movement effectively destroyed the institutional monopoly on research and development. Check out the other awesome work and subscribe to their newsletter by heading over to iterative.capital Feel…
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