Centralized or Not, Let’s Just Ensure Bitcoin’s Survival
The debate about whether Bitcoin network is becoming increasingly centralized rages on. But if the community doesn't start focusing on scalability, it may not matter anymore. Bitcoin is an open source, decentralized, peer-to-peer cryptocurrency. That has been the standard definition of the popular digital currency. But many agree to disagree with it, leading to a never-ending debate on increasing centralization of Bitcoin network. There are those who believe that it is highly unlikely for the Bitcoin network to become centralized anytime soon. And then there many who think that the Chinese....
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According to an internal document obtained by Bitcoin Magazine, the Bitcoin Foundation is considering splitting into two separate organizations. Under this proposal, an entirely new entity would be created to fund core development (the Bitcoin Foundation's current focus), while a slimmed-down Foundation would continue as a promotional organization supported by its current membership. This pivot would return the Foundation to its original vision in a bid to ensure its survival. The internal document cites the many challenges that the Foundation has faced, including reputational damage,....
Although it is on the cutting edge of technology bitcoin might be more closely aligned with nature than we think. This series of 3 articles compares how bitcoin and the legacy financial systems stack up against the laws of nature. In this first piece, we cover survival of the fittest, along with the concepts of CANI and being anti-fragile. Survival of....
Calling Bitcoin’s blockchain the “timechain” would honor Satoshi’s intention and help clear up altcoin misdirection.
Vinay Gupta is basically a 21st-century Übermensch whose work and identity are not easy to pithily summarize. He’s a technologist, inventor, futurist, systems theorist, and global resilience guru whose life’s work focuses on how to ensure the long-term survival and flourishing of the human race. It was stimulating conversation about a wide variety of topics, including Ethereum, bitcoin politics, and basic human needs.