The Byzantine Generals Problem is a game theory problem that reveals the challenges of achieving consensus among a group of mutually suspicious entities using unreliable communication channels. Game ...
Seriously, What the Hell Is a Blockchain? Blockchains are often explained with a lot of tech jargon by people in mathematics, cryptography, and network engineering. It turns out that blockchains are ...
Bitcoin is sound money because the blockchain makes its ledger tamper-evident, while proof-of-work ensures the blockchain is tamper-proof. This is an opinion editorial by Arman The Parman, a Bitcoin ...
Imagine you’re a general, camped outside a fortified city with your army. Your army isn’t strong enough to take the city without help. But you do have help: camped on other hills outside this city are ...
Everyone has heard the term “Bitcoin,” especially when its price hit $20,000 per coin in late 2017. Despite this, I’ve found that few people know what the word “blockchain” means. The blockchain is ...
A blockchain consensus method named after the Byzantine General problem, which is a fictional story about two generals on the same side who are flanking their enemy. One general has to deliver an ...
To flourish, humanity needs to go back to free market money (not issued by central banks or governments, but arising from the market) that can’t be manipulated by central banks and/or governments, nor ...