How Antifragility Increases Bitcoin's Survivability
Bitcoin uses open source peer-to-peer technology to adapt and improve, maintaining its decentralized and finite nature.Let’s talk about antifragility: what it is, its consequences and how it relates to bitcoin and the dollar. The term antifragile was first coined by Nassim Taleb. In the following quote, Taleb outlines the qualities of antifragile systems:“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors. Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets....
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Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should be Web 3.0, decentralized with an open-source code, distributed node infrastructure and no corporate entity to control it, like the Bitcoin model. In Bastyon the users enjoy the content and moderate that content based on transparent rules, while bloggers and node operators earn Pocketcoin (PKOIN). Daniel Satchkov is the inventor of Bastyon. He recently rejoined the Bitcoin.com News Podcast to....
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the first one: upgradeability. This is Part 1 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 2 on the vertical scaling crisis and Part 3 on the governance crisis as they go live on Sept. 24 and 25.It is our belief that there are three fundamental problems, or crises, that are standing in the way of blockchain adoption: upgradeability, vertical scaling and governance. In this article, we are....