“So, what people call “SPV” today, is actually the practice of trusting the hashrate majority not JUST to prevent doublespending, but to properly verify and enforce Bitcoin rules.” @giacomozucco The Twitter Thread: You guys know that I have a fetish for analogies, so bear w/ me about this one. Thesis: if Bitcoin is digital Gold,…

“It was around this time — 1997, close to the [cypherpunk mailing] list’s peak popularity — that Back submitted his Hashcash proposal.” @AaronvanW @BitcoinMagazine Today we read the second in Aaron Von Wirdum’s “Genesis Files” series titled “Hashcash or How Adam Back Designed Bitcoin’s Motor Block.” Another excellent dive into the critical components and contributions…

“While patching the first hack, they seem to have initially wanted to decrease the time drift to 15 minutes, but things kept… going wrong.” Listen to the next installment in the Verge Hack fiasco from Daniel Goldman + Abacus Crypto Journal Link to the full article:https://blog.theabacus.io/lets-do-the-time-warp-again-the-verge-hack-part-deux-c6396ab36ecb Support the show:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 — Send in a voice message:…

“the most pressing issue in cryptocurrency and blockchain technology right now is, how are we going to achieve the original vision of blockchains as open, decentralized networks while scaling to reach a billion people?”  @neha   Today we read @neha’s The Importance of Layer 2: https://medium.com/mit-media-lab-digital-currency-initiative/the-importance-of-layer-2-105189f72102   Video of full L2 Summit presentations and discussion:…

Support the Show:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5   Are smart contracts really the trustless panacea that we all dream they are?  Or are there serious and often insurmountable challenges that too many ignore?  Find out more in @JimmySong’s excellent article on the Truth About Smart Contracts.   Don’t forget to check ou the full article, multiple funny comic strips included,…