Category Crypto

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Why Is Bitcoin Censorship Resistant?

One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There…

Instant Settlement Series: The Publishing Industry

The challenges associated with physical work and delayed payments, as discussed in the construction and logistics industries articles, might not be as directly applicable to industries with less physical movement. However, the principles of instant settlement and the removal of…

Don’t Break Userspace!

“Mauro, SHUT THE FUCK UP!It’s a bug alright – in the kernel. How long have you been a maintainer? And you *still* haven’t learnt the first rule of kernel maintenance?If a change results in user programs breaking, it’s a bug…

The Environmental Cost of Gold Mining

King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new…

Pricing Out Inscriptions

The battle for the future of Bitcoin is raging in real time on twitter as we are on the cusp of global economic contraction, thanks to 50+ years of the USD fiat regime, and are eagerly waiting for the approval…

Energy And Bitcoin: An Integrated Analogy

Have you ever looked at the stars and noticed how everything in the universe seems connected? Famous inventor and engineer, Nikola Tesla, thought that this connection is all about energy, how often things vibrate, and the way they move. I…

How CTV Can Help Scale Bitcoin

OP_CHECKTEMPLATEVERIFY has once again become a focal point in the conversation about improvements to scale Bitcoin. This time around there are many more alternative designs for covenants being proposed, and actual concrete designs that make use of CTV as scaling…

Bitcoin Is A Database

Get ready, brace yourself. Reading this might enrage and confound you, it might confuse you, you might even get mad enough to punch your screen (don’t do that.) Consider this a trigger warning. Bitcoin is a database. Period. That is…