Posts in Bitcoin & Blockchain Tech

The most fundamental of human rights is the right to hold property. There are many who would argue this but the reality is to be free we need to be able to control our lives. To choose how we wish...

Security matters, but not so we can eliminate all risk, but so we can have trust. Even if we could eliminate nearly all risk (we cannot ever remove risk entirely) we would have to ask whether it...

We have a fundamental flaw within the developer led model of Bitcoin. This problem is the same in many aspects of software development today. We like to argue that we need to change and alter a...

Many think that when you pay a company to create something for you that you naturally own the copyright. This is not correct. Copyright requires an explicit transfer of rights.   Copyright does...

This is a very quick summary of why scaling on-chain works. In 2009, the effective limit in software was 32MB — although this was only due to the limits of the software. For a commercial server,...

For some time now, I have allowed people to continue with this foolish and unscientific notion of gamma in the Selfish Mining fallacy. In this rather extended article I intend to finally detail...

Non-repudiation is the process of ensuring that the parties to a transaction cannot deny (this is repudiate) that a transaction occurred. Repudiation is an assertion refuting a claim or the...

It is common for Omni and Counterparty style tokens to say how they back the underlying security using the one that they parasitically sit upon. This is expressly clear in Bitmain’s abysmally...

It is simple to be disappointed with the common person. I have written recently about the bandwagon fallacy. When I wrote about this the other day, I pointed out a variation of it that we now see,...

I have a hard lesson for many people within the bitcoin and crypto currency community and that is that tax does not go away because you use crypto currency. The reality is that bitcoin is...