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Bitcoin is Eating Itself
Fees keep going up. And every time they go up, more of the money stored on the blockchain becomes worthless.
New
The latest blog posts to take off on Hacker News. 66 posts.
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Ten years in, nobody has come up with a use for blockchain
(Sequel here: Blockchain is not only crappy technology but a bad vision for the future.)
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Selling Bitcoins in Canada
In 2013, I bought a few Bitcoins from a dude in a coffee shop, paying with hundred-dollar bills. Later that year I sold enough to get my money back . Then I forgot about them, Bitcoin’s price gyrations occasionally registering in a corner of my mind. But earlier this month I decided to find out if the remainder could…
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Why you can’t cash out part 1: Bitcoin’s “price” is largely fictional
Public discussion and media coverage of Bitcoin assumes certain things about Bitcoin: • Bitcoin has a price, that you could expect to buy or sell it around. • Bitcoin is like buying a share in a co…
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The Ethereum-blockchain size will not exceed 1TB anytime soon
Once a month users post a chart on `r/ethereum` predicting the blockchain size of Ethereum will soon exceed 1 TB. I want to clean up with some stories around the Ethereum-blockchain size in this article and try to explain why this chart is technically correct, but not the full picture...
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Understanding Ethereum Smart Contracts
You might have heard the term “smart contract,” and you might even know that they are “code” you can run on a blockchain.But how can you run code on a blockc...
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How to Build Your Own Blockchain Part 3 – Writing Nodes That Mine and Talk
Jack Schultz's blog.
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Cypherpunk Desert Bus: My Role in the 2016 Zcash Trusted Setup Ceremony
Update: taking this down for now until some questions about the deterministicbuilds are answered; currently I do not believe the Zcash trusted setup shouldbe...
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No Bitcoin-based protocol can handle more than 20M users per month
To solve Bitcoin’s scalability challenge, many so-called layer 2 protocols have been proposed. All of these protocols operate on the same, relatively simple, principle:
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The Bitcoin Apocalypse Is Coming in Mid-November
[UPDATE: This post was originally said that the SegWit2X fork will happen on November 1. In fact it is scheduled to occur on block 494,764 ...
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Things cryptocurrency enthusiasts probably won't tell you
[Note: I neither own nor have any trading position on any cryptocurrency. I was not compensated by any party to write this. The views expressed below are solely my own and do not necessarily repr…
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Zero-knowledge proofs, Zcash, and Ethereum
Part 3 of a series on “Privacy on the Blockchain”.
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How the Bitcoins Were Stolen from Mt. Gox [video]
The thought “I know PHP! How hard could running an exchange be?” never goes anywhere good.
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Wind energy used to mine cryptocurrency to fund climate research
Wind energy used to mine cryptocurrency to fund climate research Oliver 2017
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Equihax
Trawling the darknet as one does, I came across this little simple page this morning. It claims to be the real EQUIFAX hackers, unlike the last darknet site that was soon taken down by morons. I ha…
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How I snatched 153k Ether after a bad Tinder date
Over the weekend, I did a lot of swiping right. I’ve never had a Tinder go this fast from match to agreeing on a date time this fast…
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Cryptographic vulnerabilities in IOTA
Last month, Ethan Heilman, Tadge Dryja, Madars Virza, and I took a look at IOTA, currently the 8th largest cryptocurrency with a $1.9B…
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Crypto for kids
When, in the spring of 2030, he almost incidentally invented the most terrible biological weapon known to humanity it took him about three seconds to realize that should his invention fall into the hands of one of the superpowers -- or into the hands of any common idiot, really -- it could well mean the end of the…