The Discovery Of Bitcoin Is A Piece Of A Puzzle
Bitcoin is a fundamental discovery in a long chain of cryptographic progress.A recurring conversation in the Bitcoin community is the question “was Bitcoin invented or discovered?” Initially this question seems simple. Obviously Bitcoin was invented, wasn't it?No. In my opinion, Bitcoin, like any other scientific and technological “invention,” was discovered and not really invented.The purpose of this article is to explain this and to help you understand why if Satoshi Nakamoto had never existed, Bitcoin would have eventually been discovered by someone else.The Adjacent PossibleThere is a....
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What makes Bitcoin transactions secure and trustworthy? Computer security and cryptography expert Zulfikar Ramzan explains the workings of the transaction blockchain in this video, one of a series that are featured on the online learning site Khan Academy. Understanding the transaction blockchain, Ramzan says, helps to illustrate "how somebody might try to game or defraud the system and why that's not only mathematically hard to do but why there's actually an incentive -- actually an economic incentive in the Bitcoin system -- for different people to behave honestly." That incentive comes....
It's no doubt that Newsweek's story which potentially uncovered the identity of Satoshi Nakamoto (creator of bitcoin) has infuriated many in the community. From concerns about the man's privacy, to even his security and well-being, the community is abuzz with harsh criticisms of Leah McGrath Goodman, author of the piece, entitled 'The Face Behind Bitcoin'. Goodman appeared on CNBC today to discuss her investigative reporting, and it's worth a watch if you have a couple of minutes to spare. In the interview, she discusses how she got bits of information here and there, and put them together....
Web3 has taken huge strides towards a fully self-sustaining ecosystem of peer-to-peer transactions and frictionless finance this year. In order to develop a healthy web3 economy, new services like Automata Network will help fulfill the wide list of market demands like private computation. Automata Network is described as the last piece of the web3 puzzle, […]
Time to have fun solving some puzzles! This post was released for Issue 12 of Bitcoin Magazine as the first one of a series of articles about puzzles and games. I hope you enjoy reading them as much as I enjoy writing them. The ceiling of my daughter's bedroom is full of small star-shaped phosphorescent stickers. One night in 2009 she was a bit sick, so I sat next to her and held her hand until she finally fell asleep. Then I raised my head and I looked at that ceiling full of stickers for a while. A new logic puzzle was taking shape. This puzzle evolved into my second published game....
Ripple Labs has reportedly won discovery from the U.S. Securities and Exchange Commission (SEC). The court has ordered the commission to produce internal records relating to discussions of whether XRP tokens are similar to bitcoin and ether, which are currently not classified as securities. Ripple Wins Discovery From SEC, Gaining Access to the Commission’s Internal Crypto Records A telephonic discovery conference was held Tuesday for the case against Ripple Labs brought by the U.S. SEC. Ripple Labs reportedly “won discovery” from the SEC. U.S. Magistrate Judge Sarah....