Posts in Bitcoin & Blockchain Tech

I should not troll on Twitter, but I do enjoy it. There is, more importantly, a reason why I troll. The reason is also very simple. There are many so-called experts in Bitcoin who have no idea...

The goal of Bitcoin is to be cash, but there is only one way to achieve this. Bitcoin must be a commodity ledger. To be money, Bitcoin cannot be a speculative gambling asset. For many, this...

Bitcoin is a commodity based on the exchange of a tokenised security issued as a payment to the “miners” or nodes in the system for a right to have an “immutable” entry saved to the ledger. The...

Going forward we will start to open up and allow business use of the Bitcoin blockchain. Bitcoin scales, and we will be demonstrating this in the coming days as we first start running 128-MB...

The actor with the best capability to thwart most forms of internet-related misconduct is the primary malfeasor. The release of malware such as a “worm” is without doubt best prevented from...

Bitcoin was designed from the start to be a form of stable money, that is: it has a set amount, not that you can buy a set quantity of anything with it.   If you alter money, you always change the...

There is a rather simple means to have a secure hardware wallet, and it works far better than Ledger or Trezor and those sorts of wallets. In this post I will discuss this using an Android...

In this post I will offer a little advice for the legally clueless. A few ABC developers are arguing that empty blocks are legally an easement (so much for permission-less). Let us start by...

The first problem to be addressed concerns the nature of lawful money. In the United States, the Stamp Payments Act of 1862[1] was enacted to stop the circulation of private tokens that were in...

In the beginning, Bitcoin allowed data.   In Bitcoin, a world of data was open. The following OP_Codes and the limits could allow data to be pushed into the blockchain and exchanged. These (still...