Proof of Stake, Private Keys Attacks & Unforgeable Costliness

Proof of Stake & The Wrong Engineering Mindset

What is the true set of differences between Proof of Work, and Proof of Stake? What are the engineering mindsets behind them both, and which is built explicitly to survive in the worst-case scenarios? Find out this and more in today’s read of Hugo Nguyen’s excellent...
Bitcoin, Chance, and Randomness – Part 2

Bitcoin, Chance, and Randomness – Part 2

“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 building blocks of a brand new field — also a child of the computer age: modern cryptography.”...
Bitcoin, Chance, and Randomness – Part 2

Anatomy of Proof of Work – Part 1

“By attaching energy to a block, we give it “form”, allowing it to have real weight & consequences in the physical world… In other words, PoW is the bridge between the digital & the physical.” – Hugo Nguyen Today we read Part 1 of Hugo Nguyen’s...