Jameson Lopp, one of the earliest developers in Bitcoin says, “Nobody understands bitcoin, and that’s okay.” Truer words were never spoken. It’s actually a useful starting point for the topic I’m writing about now. I’m absolutely neutral on whether you decide to buy or, better yet, save in bitcoin. My only goal is to help … Read more
Watch This Episode On YouTube Listen To This Episode: In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost discuss research done by CasaHODL co-founder and CTO, Jameson Lopp, as well as Provoost himself on syncing old Bitcoin nodes. Whenever a new Bitcoin node comes online, it must first sync with the … Read more
The below is a direct excerpt of Marty’s Bent Issue #1183: “Tether has been sent via the Lightning Network” Sign up for the newsletter here. Above is a video demonstration of the first ever Tether transaction over the Lightning Network executed by Corey Phillips from Synonym. For those of you who are unaware, Tether is … Read more
The Behemoth The Behemoth, a primeval, “unconquerable beast” in the biblical book of Job. Though largely considered a myth, this beast was said to be over 300 feet in height and weighed over 80,000 metric tons. As is to be expected of such a ginormous creature, its gaits would have caused the earth beneath its … Read more
What is a smart contract? This is a question that, these days, has become impossible to answer without starting the digital equivalent of a bar fight. The minute that term is thrown out in a conversation, most people immediately think “Ethereum,” or “Solana,” or “TRON” or any of these decentralized in name only (DINO) projects … Read more
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This article was originally published in Uncharted Territories. It’s 2050. The U.S. government just defaulted on its debt. It’s not meeting its social security payments. Hospitals are going down: they can’t operate without Medicare and Medicaid income. Old people line up outside the hospitals, hospitals don’t service them, they can’t afford it. There’s a run … Read more
On October 4, 2021, Facebook, along with WhatsApp and Instagram, disappeared from the internet. Their DNS names stopped resolving, and their infrastructure IPs were offline. They were completely disconnected from the internet. At the same time, it was reported that 1.5 billion people allegedly had their personal data stolen from Facebook and posted for sale. … Read more
I’m fairly new to Bitcoin and I’m a boomer, which means I’m not qualified to comment on any technical aspects of the Bitcoin protocol. But I do have a 30-year career as a business development coach and I’ve written two business books and, until recently, I published an electronic newsletter that went out monthly to … Read more
The below is from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The altcoin Bitcoin SV was 51% attacked earlier this week, and thus arose an opportunity to highlight the … Read more