“Numbers generated by such a process are deterministic, but they pass statistical tests of what is considered “random”. Pseudorandomness, in turn, became one of the building blocks of a brand new field — also a child of the computer age: modern cryptography.” – Hugo Nguyen
Read More“By attaching energy to a block, we give it “form”, allowing it to have real weight & consequences in the physical world… In other words, PoW is the bridge between the digital & the physical.” – Hugo Nguyen Today we read Part 1 of Hugo Nguyen’s series on Bitcoin’s Fundamentals.Drop some applause on the full article…
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“By attaching energy to a block, we give it “form”, allowing it to have real weight & consequences in the physical world… In other words, PoW is the bridge between the digital & the physical.” – Hugo Nguyen
Read More“The BCB enforces the strictest deposit regulations in the world by requiring full reserves for all accounts. This is the digital equivalent of the Chicago Plan or the Austrian 100% reserve gold standard.” -Pierre Rochard Looking for every significant piece of literature on Bitcoin, Cryptography, and the Cypherpunks? You can find pretty much all of it at the Nakamoto…
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“The BCB enforces the strictest deposit regulations in the world by requiring full reserves for all accounts. This is the digital equivalent of the Chicago Plan or the Austrian 100% reserve gold standard.” -Pierre Rochard
Read MoreAutopilot, Channel Names, Verify from Scratch, Node Nicknames and more. Hear about the features in the new Casa Bitcoin and Lightning node! Check out the full article and follow @CasaHODL on Medium and Twitter so you don’t miss the other incredible things the team is building:https://medium.com/casa/features-of-the-casa-node-884f702e2164 Check out the Cases Store and get your own Lightning…
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Autopilot, Channel Names, Verify from Scratch, Node Nicknames and more. Hear about the features in the new Casa Bitcoin and Lightning node!
Read More“The Cryptopocalypse is coming — Bitcoin’s (PoW) is so bad that it’s going to destroy the world in 2020!” -DanHeld Is Bitcoin’s energy consumption going to destroy the world… or not?Clap for the article on Den Held’s Medium page:https://medium.com/@danhedl/pow-is-efficient-aa3d442754d3 Check him out on Twitter:https://twitter.com/danheld Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or…
Read More“No equation, no chart in this fourth part. Just a short discussion about the total cost of Bitcoin’s PoW. It will offer us the opportunity to introduce another fundamental property of PoW which makes it truly unique.” -LaurentMT Check out the full series (and drop some applause) plus other amazing work from @LaurentMT on his…
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