I have written before on this blog about the “miners can steal” critique of Paul Sztorc and CryptAxe’s BIP-300 hashrate escrow proposal. In my previous post I gave several example…| @lightcoin
Today is the 14th anniversary of the creation of bitcoin’s genesis block. As I reflect on bitcoin’s progress over the past 14 years — which is by all measures amazing and somethin…| @lightcoin
This blog post is based on a twitter thread that I published here. One class of protocols that I mention in the appendices of are what I call “validia chains”. Validia chains share simi…| @lightcoin
A fixed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money.[1]| en.bitcoin.it