“Instead of relying on accountants, regulators, and the government, Bitcoin relies on a global network of peers to enforce rules, shifting enforcement from manual, local, and inconsistent to automated, global, and predictable.” – Yassine Elmandjra Finishing out the great investment thesis on Bitcoin by Yassine from ARKinvest. Now the we have broken down the 4…

“If one transaction can be censored and controlled, can’t all transactions be censored and controlled? Can’t the powers-that-be deprive participants of the ability to exchange value globally and freely?” – Yassine Elmandjra Starting into the first half of a great investment thesis on Bitcoin by Yassine from ARKinvest. Digging into the core economic assurances of…

“Most Cypherpunk veterans on the Cryptography mailing list had by then seen one too many electronic cash experiments come and go, without any real successes to account for…” “But Hal Finney, ever the optimist, wasn’t ready to give up.” – Aaron Van Wirdum Another in the amazing “Genesis Files” series from Bitcoin Magazine, Aaron walks…

In a world drowning in patent trolls, insane intellectual property restrictions, and a reality where someone who neither can build a product, nor came up with the idea, could make millions by suing those who wish to use it… how can we protect an open source ethos in the Bitcoin and cryptocurrency space? How do…

“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…