
Read_161 – Bitcoin, The Untold History [Petri Basson]
“I have always believed that to really understand something and where it is going, you have to understand where it came from.” -@PetriB2
Today

“I have always believed that to really understand something and where it is going, you have to understand where it came from.” -@PetriB2
Today

“The dissent did not come in the form of a parchment scrawled with a feathery pen or an assembly of diplomats, but in the form

“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

“By attaching energy to a block, we give it “form”, allowing it to have real weight & consequences in the physical world… In other words,

“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

Autopilot, Channel Names, Verify from Scratch, Node Nicknames and more. Hear about the features in the new Casa Bitcoin and Lightning node!
Check out

“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

“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

“In this third part, we’re going to focus on a slightly different question: “Is the system running at its optimum?” -LaurentMT
Check out the

Listen to @Laurentmt’s article explaining how the Yin and Yang of Bitcoin, Hodling & Mining, affect the efficiency of the system and how they drive

“At last, we have derived two metrics which both suggest that contrary to a widespread opinion, Bitcoin’s PoW is actually becoming more and more efficient.”

“If we do nothing, new technologies will give the government new automatic surveillance capabilities that Stalin could never have dreamed of. The only way to
Bitcoin Audible brings the signal through the noise. Deep dives, bold takes, and the future of money—one episode at a time.