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“Decentralization shaming” is a popular way for cryptocurrency tribes to laud their anointed altcoin at the expense of the rest. The degree to which a cryptocurrency is free from control by any one entity has become a stick with which to beat projects that don’t measure up to bitcoin, which is all of them. Such […]
The post Decentralizing Cryptocurrency Is Hard appeared first on Bitcoin News.
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Laszlo Hanyecz, a developer who worked on bitcoin as early as 2010, has discussed his interaction with the pseudonymous creator of bitcoin, Satoshi Nakamoto. Mr. Hanyecz describes his dealings with Satoshi as having been “kind of weird.” Also Read: Moon Missions and Custom Wallets: Bitcoin Community Celebrates Pizza Day Early BTC Developer Discusses Email Exchanges with […]
The post Early Bitcoin Developer Recounts “Weird” Interactions with Satoshi appeared first on Bitcoin News.
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Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” […]
The post DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 7: Decentralization Decentralization (Chapter 7, Part 1) A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled […]
The post Wendy McElroy on Decentralization: “Give Power Back to the Individual” appeared first on Bitcoin News.
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Welcome to the second instalment of Bitcoin in Brief, a daily feature from the news.Bitcoin.com team. In today’s roundup: examining the ownership of pre-2010 bitcoins, Vitalik Buterin calls out Craig Wright, and John McAfee’s price per tweet sets tongues wagging. Also read: Bitcoin in Brief Tuesday: Blockchain Wars and a Sleuth of Bears Vitalik Buterin Takes […]
The post Bitcoin in Brief Wednesday: Satoshi’s Millions and the Price of Publicity appeared first on Bitcoin News.
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Privacy coins are meant to be private. That’s their raison d’être. Strip away the privacy, and they simply become altcoins, and dangerous ones at that, with the potential to deanonymize their users and expose their secrets. A number of recent reports have cast doubt on the privacy features offered by coins such as zcash and […]
The post Most Privacy Coins Aren’t That Private appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite for Human Rights The Satoshi Approach to Privacy. (Chapter 6, Segment 5) The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third […]
The post Wendy McElroy: The Satoshi Approach to Privacy appeared first on Bitcoin News.
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Anyone swiping through the tech news on their tablet this week may have been startled by an unsavory story. Child pornography (CP) is permanently encoded in the bitcoin blockchain accoriding to mainstream media reports, making anyone who downloads the blockchain guilty of accessing CP. Not only is this old news, but it’s fake news. Understanding […]
The post No, There Isn’t Child Porn on the Bitcoin Blockchain appeared first on Bitcoin News.
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Browsing the latest cryptocurrency projects, it would be easy to conclude that decentralization is a panacea; a cure for humanity’s financial woes. It must be, surely, given that it’s a key tenet of every other new cryptocurrency and ICO. Without the gospel of decentralization, there would be no point in launching a blockchain version of […]
The post Talking About Decentralization Is Easy – Achieving It Is Hard appeared first on Bitcoin News.
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When Satoshi Nakamoto designed bitcoin, his smartest trick wasn’t to cap the total supply at 21 million coins – it was to make each coin divisible to eight decimal places. At the time, as now, the smallest unit of bitcoin was worth so little as to be inexpressible in fiat terms. But bitcoin’s creator had […]
The post Missed the Altcoin Craze? Don’t Worry, the Satoshi Is Still Very Cheap appeared first on Bitcoin News.
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