Blockstream Satellite 2.0
Full nodes without even needing the internet? That’s right. A massive improvement to the decentralization & alternatives for securing Bitcoin validation infrastructure just dropped from the team at Blockstream.
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Bitcoin & The Layers of Financial Cryptography
A follow-up to yesterday’s incredible read from The Nakamoto Institute by Ian Grigg, The 7 Layers of Financial Cryptography. Today we dig into what the reality of financial cryptographic systems as they have been developed & secured through Bitcoin. What philosophy and mentality informed it all, and where did it differ from Ian’s vision, and where was he able to see what would come about?
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Microsoft’s ION Bets on Bitcoin
Microsoft has a history of funding and developing with open source systems, and has started a new project called ION, trying to make a universal, decentralized system secured by Bitcoin, for managing and proving identities available to the globe.
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Bitcoin 2020 with CK_Snarks!
Today I get hyped with ck_SNARKs of BTCMedia and have the opportunity to pick his brain for all the exciting stuff happening at the Bitcoin2020 conference in San Fran!
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All 21M Bitcoin Already Exist
“We have nearly 11 years of empirical evidence that the network itself has been holding and transacting bitcoin, but instead of with private key signatures, it’s in exchange for hashed electricity.” – Phil Geiger
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Bitcoin & the Primacy of the Digital World
“As our perception of the world evolves from the analog to the digital, bitcoin represents digital value without all the problems inherent to a digital world.”
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Bitcoin’s Eternal Struggle
Today we read Gigi’s great piece “Bitcoin’s Eternal Struggle” on the intricate dance between that which is built in randomness & entropy, and that which is created with complete unambiguity, with strict universal validation.
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Does Bitcoin Need Accounts?
Another clever & censorship resistant system for identity within the Bitcoin system is being proposed. Called developer Jose Femenias Canuelo has created a system to safely & independently create a static on-chain account system, that would solve the need both of having to reuse Bitcoin addresses, & having to constantly generate new ones for every payment.
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Understanding the Technical Side of Bitcoin
Curious about where to start or what to possibly focus on when learning Bitcoin, Lightning, and the fundamentals of the most important tools in this ecosystem? Look no further, today we read and discuss Pierre Rochard’s excellent piece that breaks it all down.
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The God Protocols
“Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody’s side. All the parties would send their input to this god. God would reliably determine the results and return the output. In addition, God, being the ultimate in confessional discretion, would ensure that no party would learn anything more about the other party’s input than they could learn from their own input and the output.” – Nick Szabo
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