PinnedJoe KellyOn Bitcoin’s Fee-Based Security Model — Part 1: Beware The Turkey Fallacy10,000 and 1 days in the life of a proof-of-work cryptocurrencyNov 12, 20211Nov 12, 20211
Joe KellyOn Bitcoin’s Fee-Based Security Model — Part 3: Bitcoin vs. The StateIs proof-of-work mining a good security strategy vs. adversarial nation-state actors?Nov 21, 20215Nov 21, 20215
Joe KellyOn Bitcoin’s Fee-Based Security Model — Part 2: Security vs. What?Why does Bitcoin need a high hash rate? What actually goes wrong within the network if it’s not high enough?Nov 12, 20217Nov 12, 20217
Joe KellyHow To Kill Bitcoin (Part 3): No Can DefendAnd The General Theory of Destroyment of Interest in MoneyMay 29, 20217May 29, 20217
Joe KellyHow To Kill Bitcoin (Part 2): No Can SpendYou’re Steven Mnuchin, US Secretary of the Treasury. You’re good at numbers and economic astrophysics. Your star sign is ‘$’ and your…Jul 8, 202012Jul 8, 202012
Joe KellyHow To Kill Bitcoin (Part 1): Is Bitcoin ‘Unstoppable Code’?They say Bitcoin can’t be stopped. Just like there’s no way you can stop two people sending encrypted messages to each other, so…Jul 8, 20208Jul 8, 20208
Joe KellyCOVID-19: Two Threats, One Path, No Good SolutionsSun Tzu said, “When you know your enemy, and know yourself, you need not fear the result of 100 battles.”Jun 7, 2020Jun 7, 2020
Joe KellyWide And Shallow Double-Spend Attacks On BitcoinAnd why hardware cost is not a reliable deterrentOct 8, 20191Oct 8, 20191
Joe KellyWhy Bitcoin Hasn’t Solved The Double-Spending ProblemHow double-spending works in practice and what must be done to prevent itSep 22, 20193Sep 22, 20193
Joe KellyBitcoin: It’s Not A Pyramid — It’s A ConeWhy do people say Bitcoin is a pyramid scheme? Answer: because…Jul 25, 20192Jul 25, 20192
