pow

Bitcoin Can’t Be Copied

August 2, 2019
bitcoin, economics, pow, proof-of-work, tokenomics, altcoins

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Bitcoin Does Not Waste Energy

August 16, 2019
bitcoin, economics, gradually then suddenly, pow, proof-of-work

Contents ... Gradually, Then Suddenly: Intro Bitcoin Can’t Be Copied Bitcoin Is Not Too Volatile Bitcoin Does Not Waste Energy Bitcoin is Not Too Slow Bitcoin Fixes This Bitcoin, Not Blockchain Bitcoin is Not Backed by Nothing Bitcoin is Not a Pyramid Scheme Bitcoin Cannot be Banned Bitcoin is Not for Criminals Bitcoin Obsoletes All Other Money Bitcoin is a Rally Cry Bitcoin is Common Sense Bitcoin is Antifragile Bitcoin is One for All Bitcoin is the Great Definancialization This article by Parker Lewis was first published in Unchained blog. ...

Bitcoin Is Not Harmful For The Environment

April 12, 2021
bitcoin, environment, pow, proof-of-work

This article by Peter St. Onge was first published on Mises Institute website. Contribute. One popular critique of bitcoin is energy cost per transaction. This doesn’t begin to capture bitcoin’s massive energy savings compared to fiat currency. Bitcoin’s cost per transaction is well known, and often critiqued; one article in Wired magazine called bitcoin “[a] big middle finger to earth’s climate.” This is because bitcoin’s security, redundancy, and architecture are more energy intensive than traditional payments relying on a single point of failure. ...

Кто контролирует Bitcoin Core?

December 15, 2018
биткоин, протокол, pow, proof-of-work

Кто управляет разработкой Биткоина? Что если кто-то решит незаметно изменить его правила? Как убедиться, что никто не поломает Биткоин? Перевод статьи Джеймсона Лоппа подготовили Nikita Kolodin и RainDogDance. Редактура Тони ⚡️.Поддержать проект. Вопрос о том, кто контролирует код в репозитории Bitcoin Core на гитхабе, продолжает возникать снова и снова. Этот довод часто преподносится как свидетельство наличия центральной точки контроля над протоколом Биткоина. Я убежден, что сам вопрос обманчив, поскольку подразумевает неминуемое существование авторитарной власти, а эта модель неприменима к Биткоину. ...