“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 to introduce another fundamental property of PoW which makes it

“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 full article to explore the charts and graphics illustrating his

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 the system’s dynamics.
Don’t forget to drop some applause

“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.” -@Laurentmt
Listen to Part 1 of @Laurentmt’s excellent series

“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 hold the line on privacy in the information age is

“Ever since its inception Bitcoin has never really been private…. Fortunately, spying on Bitcoin users is becoming increasingly difficult.” – Aaron Van Wirdum
Listen to another great read on Bitcoin Magazine about the amazing

“To borrow from Nick Szabo, Bitcoin is a socially scalable, conflict preventing protocol.” – Tuur Demeester

Today we read an excellent Tweet Storm from Tuur Demeester about #Bitcoin and what makes it

“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 censorship-resistance. It is profoundly distasteful.” -nic carter
Don’t waste

“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 since the very first block. The inevitable pains that the

“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 hold this view in today’s #CryptoQuikRead!
See the original

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 recognize in the near future. that makes it critical not

“Lightning Network provides a framework to measure the time-value of bitcoin, a precursor for a capital market and reserve currency status.” -Nik Bhatia

Today we jump back into @timevalueofbtc’s 4 part series

— “Lightning is a promising technology, but right now, very few people are fluent with it,” Chaincode Labs engineer James O’Beirne told Bitcoin Magazine.–
Another great piece form Amy Castor at Bitcoin Magazine. Today

“People have speculated on what a future with fat protocols will look like. File sharing protocols aren’t exactly the same, but they have a lot of similarities we can learn from.” @backus
Today we

“That’s right: while we’re here still trying to wrap our minds around Layer 2 solutions, these mad scientists are already proposing a system with three layers” @DZack23
Today we conclude the incredible piece

“Thing is, as these debates rage on, there’s a community of developers coming up with new ideas and, ya know, actually building stuff.” @DZack23
Today we explore a breakdown of the specific limitations

“Thinking about it, isn’t it ironic that, over the past years I wrote about every Bitcoin privacy technique in existence, except the one that 99% of all users use?” @nopara73
Today we dive into

“At least 99M People intend to own crypto, but don’t yet.” @RyanRadloff
A fun exploration by Ryan Radloff on the different demographics who intend to invest in Bitcoin & Crypto, and what might drive