Bitcoin Is A Clear Solution To An Unclear Problem
Discussing the problems that Bitcoin solves with Captain Sidd.Watch This Episode On YouTubeListen To This Episode:BitcoinTVAppleSpotifyGoogleLibsynOvercastRumbleWhen first explaining Bitcoin to people, it can be difficult to find a place to begin. After consuming endless amounts of content that discuss economics, philosophy and history, there is not a single clear place to start. Of course, it helps to tailor each introduction that you present to the person you are presenting to, as with anything. But one key factor in understanding Bitcoin, as Captain Sidd and I discussed on this week's....
Related News
Many people are keeping a close eye on the block size debate for very different reasons. Solving the Bitcoin block size problem has been a top priority for developers over the past few months. Multiple solutions have been proposed, although only two of them are in actual “contention” right now. Bitcoin Core developers have begun development of a third solution that would shift the block size to 2MB. It is always good to have options on the table. Even though Segregated Witness has not been denied by the mining community yet, it is due time to consider alternatives. Bitcoin Core developers....
The “Satoshi Roundtable”, a significant event in the field of Bitcoin recently ended in Florida. The main theme of the discussion were the large disagreements about how Bitcoin should scale. Many people had an expectation for concise and clarified intentions but left unfulfilled. Problems and Solutions. The roundtable participants attempted to tackle such problems as a lack of scientific engagement in problem-solving, a lack of engagement towards the community, and no recognition of what has been accomplished until now by the community. Experts called for optimization and better....
The ongoing Bitcoin block size debacle has been captivating the community for several months now, and developers are still no step closer to coming up with a solution through consensus. A new project, called Bitcoin Classic, wants to bring back democracy in the Bitcoin development world. By keeping the central principles envisioned by Satoshi Nakamoto at....
Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. This technological limitation has been called the blockchain scalability trilemma. If it is solved, blockchain technology can facilitate the creation of a decentralized global currency that can be mass adopted and the implementation of decentralized governance systems, immutable data storage systems,....
It is no secret that the medical marijuana industry in the United States faces an uphill struggle, indeed our readers will remember that we covered the issue in detail recently and discussed how dependence on cash is putting both medical marijuana businesses as well as consumers at a great deal of risk. It is interesting to note that there have been developments in this field and there is now a payments solution at hand for regulated medical marijuana businesses as well as customers. CanPay has recently announced a solution for the legal marijuana industry that has become available to....