PinnedOn 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, 2021A response icon1Nov 12, 2021A response icon1
On 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, 2021A response icon5Nov 21, 2021A response icon5
On 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, 2021A response icon7Nov 12, 2021A response icon7
How To Kill Bitcoin (Part 3): No Can DefendAnd The General Theory of Destroyment of Interest in MoneyMay 29, 2021A response icon6May 29, 2021A response icon6
How 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, 2020A response icon12Jul 8, 2020A response icon12
How 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, 2020A response icon8Jul 8, 2020A response icon8
COVID-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
Wide And Shallow Double-Spend Attacks On BitcoinAnd why hardware cost is not a reliable deterrentOct 8, 2019A response icon1Oct 8, 2019A response icon1
Why Bitcoin Hasn’t Solved The Double-Spending ProblemHow double-spending works in practice and what must be done to prevent itSep 22, 2019A response icon3Sep 22, 2019A response icon3
Bitcoin: It’s Not A Pyramid — It’s A ConeWhy do people say Bitcoin is a pyramid scheme? Answer: because…Jul 25, 2019A response icon2Jul 25, 2019A response icon2