Building a brain the size of a planet: The CoinDesk Weekly Review

Building a brain the size of a planet: The CoinDesk Weekly Review

Welcome to the CoinDesk Weekly Review - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. The week kicked off with the news that bitcoin fever had created the world's most powerful computer. The rate at which the world's miners were converting computer cycles to coinage was some four to eight times faster than the finest supercomputers money can buy. And the rate is going up, with the massed ranks of laptops and servers being joined by an ever-increasing (when....


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Tax, zombies, Churchill and flying fingers: The CoinDesk Weekly Review

Welcome to the CoinDesk Weekly Review -- a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. Is Canada trying to become the first hipster nation? Not only has it demonstrated its geek cred by putting the International Space Station on its new $5 note -- thumbing its nose at the old colonial master, which decided to show the UK's thrusting 21st century nature by putting Winston Churchill on its new fiver -- it's also come out with the first official taxation....

Cash of the titans, bitcoin diets and ATMs: The CoinDesk Weekly Review

Welcome to the CoinDesk Weekly Review - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. Digital currency has many mysteries. Who created bitcoin? How does an umpire use it to decide who goes into bat first? And if the whole idea is to remove transaction costs and expensive intermediaries, just like real cash, who's going to make any money? But it doesn't pay to be too skeptical at the beginning of a bright new age, especially when so many entrepreneurs are....

CoinDesk Launches Moon Bureau

Disclaimer: This article was posted as part of CoinDesk's April Fools' Day coverage. Taking advice from r/bitcoin's best-loved mascot, ToTheMoonGuy┗(°0°)┛ ..○, CoinDesk is shutting down its operations on planet earth today. The news site, which hinted at plans to relocate to the moon via Instagram 10 months ago, deployed its first staff member, an intern, on its lunar hub this morning. Speaking over a garbled satellite connection, he said: "There isn't much bitcoin here. Come to think of it, there isn't any news, oxygen or even cheese ... Maybe it's a mistake. It seemed like a good idea at....

Brain Wallets Are Not Secure and ‘No One Should Use Them,’ Says Study

The so-called “brain wallets” have always been a topic of heavy debate in the Bitcoin world, as this solution to store funds is far from secure. Memorizing passwords is hard enough for people, but there are bigger worries with brain wallets than most people anticipate, according to a new study. Despite the idea of a brain wallet using cryptography to add....

CoinDesk’s Hard Fork 'Text Size' Debacle Temporarily Averted

A temporary solution to the ongoing text size debate has been reached, CoinDesk has learned, ending the contentious hard fork that risked leaving readers viewing news articles with incompatible text sizes. The debate, fueled by text size problems experienced by news blockchain users earlier today, sparked the launch of competing implementations of the news blockchain, most notably CoinDesk Turbo, led by journalist Stan Higgins, and CoinDesk Smooth, a proposal put forth by CoinDesk editor Pete Rizzo. The team behind Turbo had sought to increase the text size whereas Smooth was positioned as....