The hardware wallet in a phone

The hardware wallet in a phone

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...

Posted on 2018-11-15
Miners and Property rights

Miners and Property rights

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...

Posted on 2018-11-14
Proof of State, or, the new Fed

Proof of State, or, the new Fed

The thing that few see is that we already have proof-of-stake (PoS). The US Federal Reserve is a prime example of an existing proof-of-stake system with the control of the USD. In the US Fed, a...

Posted on 2018-11-14
Problems and key questions around Bitcoin

Problems and key questions around Bitcoin

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...

Posted on 2018-11-13
Building Data

Building Data

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...

Posted on 2018-11-13
Sustaining Hash

Sustaining Hash

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...

Posted on 2018-11-13
nSequence and P2P exchange

nSequence and P2P exchange

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...

Posted on 2018-11-13
Bitcoin and the Long term

Bitcoin and the Long term

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...

Posted on 2018-11-12
Prevention is the key

Prevention is the key

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...

Posted on 2018-11-12
Payment intermediaries

Payment intermediaries

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...

Posted on 2018-11-11