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Web3 Is Not Decentralization
It's just not. Here's a deep dive into why, exactly, I think that.
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The latest blog posts to take off on Hacker News. 488 posts.
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Web3? I have my DAOts
The promise of a decentralized and trustless future is forever just that: a promise, and in the future.
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Is Web3 Bullshit?
And is that even the right question?
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Web3 is not Decentralisation – it’s a Ploy to put Crypto Bros in Charge
People are right to be concerned about the centralisation of power on the Web — but we embrace blockchain at our peril
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Bank transfers as a payment method
Bank transfers have exploded as a payment method in India and may become more common in much of the world.
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Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Updated for 2023, this report is a deep dive on Bitcoin's energy usage and long-term scaling approach, with data tables and case studies.
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NFT misconception: JPEG aren't stored on the Blockchain
Today’s biggest misconception about NFTs is that they’re “jpeg” images stored on the Ethereum blockchain, it’s not. Probably because that digital art can be easy to visualize, and famous artists attempt today to sell their digital art as an NFT on a platform such as Opensea, it has gained lot of attention these past…
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Ethereum Services Are Centralized
EDIT: I would have fleshed this out more had I known it would be so widely circulated, but to address some common criticisms:
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Len Sassaman and Satoshi: A cypherpunk history
We’ve lost far too many hackers to suicide. What if Satoshi was one of them?
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Bitcoin is a Ponzi
that expectation is sustained by such profits being paid to those who choose to cash out. However,
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Cryptocurrencies’ Carbon Footprint Underestimated
Back in April I wrote Cryptocurrency's Carbon Footprint about the catastrophic carbon emissions of Proof-of-Work cryptocurrencies such as B...
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I Am Not Satoshi Nakamoto
This isn’t the first time I’ve received an e-mail like this: Hey! I’ve done my research and looked at a lot of facts and old forgotten archives. I know that you are Satoshi, I do not want to tell anyone about this. I just wanted to say that you created weapons of mass destruction where niches remained poor and the…
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Why Monero
Monero is one of the projects in the cryptocurrency space that provides some real blockchain innovation. Unlike other projects that make minor improvements to (or straight up copy) the Bitcoin algorithm, Monero takes a giant leap forward for user privacy. In this post I'll dive into what makes Monero
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Web3 is a stupid idea
timdaub · Web3 is a stupid idea A long time ago, I gave a talk in front of a full audience talking about BigchainDB, a company I worked for to create a (scalable) decentralized database. As
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RSA chief believed cryptographers’ warnings on Dual EC DRBG lacked merit (2014)
"When, last September, it became possible that concerns raised in 2007 might have merit as part of a strategy of exploitation, NIST as the...
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Man Robbed of 16 Bitcoin Sues Young Thieves’ Parents
In 2018, Andrew Schober was digitally mugged for approximately $1 million worth of bitcoin. After several years of working with investigators, Schober says he’s confident he has located two young men in the United Kingdom responsible for using a clever piece of digital clipboard-stealing malware to siphon his crypto…
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The Problem with Ethereum
How did Ethereum become a system that looks more like the current financial system than anything revolutionary and just?
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I, Token: The untold story of the hole in Bitcoin's heart
The untold story of the hole in Bitcoin's heart
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I Am Parting with My Crypto Library
The time has come for me to find a new home for my (paper) cryptography library. It’s about 150 linear feet of books, conference proceedings, journals, and monographs—mostly from the 1980s, 1990s, and 2000s. My preference is that it goes to an educational institution, but will consider a corporate or personal home if…
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Using Benford’s Law to Detect Bitcoin Manipulation
Economist Gary Smith sends along this post with the above title and the subtitle, “Market prices are not invariably equal to intrinsic values.” Here’s Smith: