Posts in Bitcoin & Blockchain Tech

Many out there such as the developers in ABC want you to believe that a burst of hash matters. It is promoted that ABC have a burst planned with Bitmain’s support, that this will make them the...

In the beginning, Bitcoin allowed two parties to engage in a peer-to-peer trade and exchange that was P2P and then to be sent to the blockchain (the miners) for settlement. Welcome to what Bitcoin...

Government “stimulation” basically slows change. This takes funds from more productive sectors, and redirects it into less productive ones. It maintains the status quo at the expense of slowed...

The vast majority of illicit activity and fraud committed across the Internet could be averted or at least curtailed, if destination ISP and payment intermediaries implemented effective processes...

What does Bitcoin do? To understand Bitcoin, it is necessary to understand what Bitcoin is designed to do, to be. Bitcoin is not a means to remove banks, offer credit, or undermine government, it...

Over the past 2 decades, Anonymous and the related splinter groups that this has spawned have been attacking business and more. This moral crusade seems laudable to some, but the reality is that...

Bitcoin is an open immutable ledger. It is not anonymous, it is private. There is a huge difference, and it only works when it is not anonymous. Privacy requires traceability, in a way that allows...

Bitcoin was designed to be used as peer-to-peer cash. When the original paper and node software were released, the system was created with two ways to send money. There are two ways to send money....

An invitation to treat is distinct from an offer in that it is an indication of one party’s willingness to negotiate a contract but not the acceptance thereof. Two examples of an invitation to...

Steve, Daniel, and the team are working around the clock to make Bitcoin SV as close to the original Bitcoin protocol as they can. In this end, we will be planning to deprecate P2SH. This is not a...