
Read_154 – Electric Money [Bitcoin’s POW #4 – LaurentMT]
“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

“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

Building applications, expanding alternative media, software is eating the world, what’s inside the ICOs & altcoins, the future of Bitcoin, the Lightning Network, and the

“Ever since its inception Bitcoin has never really been private…. Fortunately, spying on Bitcoin users is becoming increasingly difficult.” – Aaron Van Wirdum
Listen

“To borrow from Nick Szabo, Bitcoin is a socially scalable, conflict preventing protocol.” – Tuur Demeester
Today we read an excellent Tweet

“You’ve heard of Bitcoin. You do not like it… It relies on curious, antiquated ideas like sound money, peer-to-peer networking, the abolition of seignorage, and

“The Third Era will start with civil war” -Rusty Russell
The future economic reality of the Bitcoin ecosystem has been hard-coded into the consensus

“We shouldn’t make full nodes harder to run, EVER” -@giacomozucco
Listen to the tweet storm laying out exactly why a responsible #Bitcoin maximalist should

The infrastructure and businesses in the Cryptoconomy are set to have a massive shift in the coming months. The #Bitcoin ecosystem may be difficult to
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