Authorpod-bitcoin

Not all post 2011 Satoshi appearance has been debunked

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Such a sensitive topic, so let me note a few things before I start: I will omit the guessing game of what Satoshi’s appearance would or would not matter/mean, what he wants or does not want and just present the hard facts. Not disproved ≠ proved, so do not misunderstand me… oh some of you will, I know you will… The hilarious Satoshi hunts, like the Dorian Nakamoto and Craig Wright sagas are out...

bitcoinj – lightweight simplified payment verification (SPV)

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bitcoinj is a library for working with the Bitcoin protocol. It can maintain a wallet, send/receive transactions without needing a local copy of Bitcoin Core and has many other advanced features. It’s implemented in Java but can be used from any JVM compatible language: examples in Python and JavaScript are included. It comes with full documentation and many large, well known Bitcoin apps...

Why Johnny can’t encrypt: a usability evaluation of PGP 5.0

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User errors cause or contribute to most computer security failures, yet user interfaces for security still tend to be clumsy, confusing, or near-nonexistent. Is this simply due to a failure to apply standard user interface design techniques to security? We argue that, on the contrary, effective security requires a different usability standard, and that it will not be achieved through the user...

Bitcoin CIA Presentation

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Bitcoin
The World’s First
Person-to-Person
digital currency
Presented by Gavin Andresen to the CIA:

World’s richest 0.1% have boosted their wealth by as much as poorest half

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World’s richest 0.1% have boosted their wealth by as much as poorest half. Inequality report also shows UK’s 50,000 richest people have seen their share of the country’s wealth double since 1984. The richest 0.1% of the world’s population have increased their combined wealth by as much as the poorest 50% – or 3.8 billion people – since 1980, according to a report detailing the widening gap...

Bitcoin is None of the Things it was Supposed to be

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BITCOIN IS NONE OF THE THINGS IT WAS SUPPOSED TO BE. The cryptocurrency was supposed to replace the finance industry. Instead, it has replicated it. On Thursday, the price of Bitcoin fluctuated by thousands of dollars in a 24-hour period. The Coinbase app — which lets you buy and sell cryptocurrencies, and is the number two free app in the App Store as of this writing — started freezing and...

What is Bitcoin?

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What is Bitcoin? With the Bitcoin price so volatile everyone is curious. Bitcoin, the category creator of blockchain technology, is the World Wide Ledger yet extremely complicated and no one definition fully encapsulates it. By analogy it is like being able to send a gold coin via email. It is a consensus network that enables a new payment system and a completely digital money. It is the first...

Could the Wikileaks Scandal Lead to New Virtual Currency?

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It’s not an exaggeration to say that the recent Wikileaks scandal has shaken the Internet to its core. Regardless of where you stand on the debate, various services have simply refused to handle Wikileaks’ business–everything from domain-name providers to payment services–and this has led to many questioning how robust the Internet actually is. Hackers have already stated...

The Blockchain Scalability Problem & the Race for Visa-Like Transaction Speed

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Yes, blockchain has a scalability problem. Here’s what it is, and here’s what people are doing to solve it. The battle for a scalable solution is the blockchain’s moon race. Bitcoin processes 4.6 transactions per second. Visa does around 1,700 transactions per second on average (based on a calculation derived from the official claim of over 150 million transactions per day). The potential for...

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