by Guy | Sep 2, 2020 | Beginner, Fundamentals
“As we conclude our “Discovering Bitcoin” series, we will build on the use of digital signatures and of the CoinJoin paradigm to explore concepts of unique chronology, mining fees and off-chain transactions.” – Giacomo Zucco The conclusion of the...
by Guy | Aug 25, 2020 | Beginner, Fundamentals
“In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity, and on the importance of a supply-control mechanism to grant some hardness to digital money, to explore concepts of proving...
by Guy | Aug 17, 2020 | Beginner, Fundamentals
Continuing the excellent series of Discovering Bitcoin, moving into the digital age, we have lost the most fundamental element of our money, it’s “hardness.” By what means can we get it back? Can we make a scarce money in the digital world, that has...
by Guy | Aug 12, 2020 | Beginner, Fundamentals
“While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of.” – Giacomo Zucco Continuing the...
by Guy | Aug 6, 2020 | Beginner, Fundamentals
“The goods that fare better in hardness, scaleness and darkness will compete, and the first one to reach a critical mass will start swallowing the others, as far as monetary uses are concerned.” – Giacomo Zucco Continuing with the excellent series...
