Posts in Bitcoin & Blockchain Tech

  Some are treating the scenario of mining proceedings as a forward memory — remembering what HAS NOT happened. If you have the system as memoryless, the miners have to have an expectation that...

When contrasting contractual principles, it is clear that where a contract is not required to be in writing (Columbia Law Review, Apr., 1929 Pp. 497–504; Columbia Law Review, Jun., 1907, pp....

The postal acceptance rule states that where an acceptance is to be sent by post, the contract associated with that acceptance is considered as concluded at the moment of posting the letter, not...

To an extent all software is a black box. As a consequence, the quote concerning Bitcoin needing to be open source and a means to “free us from government” that is is commonly made is false and...

The tale of a split registry Many think that coins will be able to just fork and act in a “permission-less” manner. We have seen this with ABC’s move to promote WormHole and bucket shops using...

Let us for today imagine it is 20 years from now. Two decades have passed from today. Imagine we are now and not looking forward, the present. The technology, just emerging at this point today...

The world of automation is already changing society. Having a bent for maths and statistics, I decided to take a look at comparing a couple of the jobs with those we could expect to see in 20...

Many love to say how fixing poverty is a simple matter of reallocation. It is not. It is better to make a richer world than to redistribute, the socialist ideal, and make us all equally poor....

The original questions are posted here. And, you may see responses in part 1. And post for part 2. And part 3. And part 4. Continued. 58. Apart from Bitcoin getting hijacked, what else do you...

The security industry and criminal activity feeds upon itself. Crime and entrepreneurship each create opportunities for the other. In this, new innovations are created allowing both the growth of...