CryptoQuikRead_063 – Atomic Swaps, How the Lightning Network Extends to Altcoins
The Lightning network is a new protocol layer that not only has implications for Bitcoin payments, but could hugely impact many altcoins, decentralized exchanges, and the nature of crypto payments for the entire ecosystem. Learn more about its benefits from another of Aaron van Wirdum’s excellent articles with Bitcoin Magazine.Link to the article on Bitcoin Magazine:https://bitcoinmagazine.com/articles/atomic-swaps-how-the-lightning-network-extends-to-altcoins-1484157052/
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CryptoQuikRead_062 – This New Scaling Layer Could Make Lightning More Effective
An introduction to Channel Factories and the concept of a new Layer 2 protocol that could shift the Lightning Network into Layer 3. Is this another piece of the puzzle to building a global payment system? From Michiel Mulders with Bitcoin Magazine, listen to learn more details.
Link to the article @BitcoinMagazine:https://bitcoinmagazine.com/articles/new-scaling-layer-could-make-payment-channels-ten-times-more-effective/
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CryptoQuikRead_061 – Eltoo – A Simplified Update Mechanism for Lightning
Lightning is a fascinating protocol with enormous potential, but also many challenges. A nee mechanism for updating channel states may work to solve some of Lightning’s biggest challenges. Learn more from the announcement by Cristian decker on Blockstream.comLink to the article:https://blockstream.com/2018/04/30/eltoo-next-lightning.htmlLink to the eltoo paper:https://blockstream.com/eltoo.pdfLink to the paper describing channel factories:https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf
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CryptoQuikRead_060 – Nick Szabo The Mysterious Blockchain Titan
Nick Szabo is undeniably one of the most influential thinkers and pioneers in the Cryptoconomy. Learn more of his history and his works in this article from unblock.netLink to the article and others on unblock.net:https://unblock.net/nick-szabo/
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CryptoQuikRead_059 – Hashing Last Weeks Big Topics April 22-28
ERC20 bugs, Forking the forked BCH fork, Will we ever get Parity coins back, and Does France want you to move your ICO to their country? This and more as we hash all the topics I couldn’t get to last week. Link to the shownotes and the links to all the relevant articles on medium.com:https://medium.com/@thecryptoconomy/cryptoconomy-weekly-hash-april-22-28-e450497a53e9
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CryptoQuikRead_058 – The Genesis Files: How David Chaum Spawned a Cypherpunk Dream
“Chaum’s work would inspire a group of cryptographers, hackers and activists, connected through a mailing list. It was this group — which included DigiCash contributors like Nick Szabo and Zooko Wilcox-O’Hearn — that would come to be known as the cypherpunks.”Link to the Bitcoin Magazine article by Aaron Van Wirdum:https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream/
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CryptoQuikRead_057 – The 17 Millionth Bitcoin is about to be Mined
What does it mean that we are crossing the 17 millionth Bitcoin in existence? In a world where sound money has gone extinct, Bitcoin stands alone as a provable and transparent monetary guarantee. Listen to today’s episode reading David Floyd’s article on Coindesk.com to learn more.
Link to the article on Coindesk:https://www.coindesk.com/17-millionth-bitcoin-mined-means-matters/
Link to Flyod’s other articles:https://www.coindesk.com/author/dfloyd/
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CryptoQuikRead_056 – Five Myths About Bitcoin’s Energy Use
Bitcoin mining is useless, it unnecessarily pollutes, its worse than credit cards, and its going to boil the oceans!! Are these inspired revelations, or inspired by ignorance? Listen to Peter van Valkenburgh’s article breaking apart the common myths around Bitcoin mining to learn more! From concenter.orgLink to the article:https://coincenter.org/entry/five-myths-about-bitcoin-s-energy-use
Also check out another article explaining Mining in more detail:ttps://coincenter.org/entry/what-is-bitcoin-mining-and-why-is-it-necessary
Here’s another clip that I mentioned from Andreas Antonopolous on the topic of Bitcoin Energy Use:https://www.youtube.com/watch?v=2T0OUIW89II
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CryptoQuikRead_055 – Bullish: The Return of the South Korean Premium
Are we likely to see another 2014 extended bear market, or have the bulls returned? Listen to the article from UnBlock.net, “Bullish Signal: The Return of the South Korean Kimchi Premium” to find out more.Link to read the article at Unblock.net:https://unblock.net/south-korean-kimchi-premium/
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CryptoQuikRead_054 – The Long Road To Segwit
The segwit protocol upgrade was the biggest and most controversial software change in Bitcoin’s history. Listne to Aaron Van Wirdum’s article at BitcoinMagazine.com to learn why it was needed, and the many twists and turns it took to get the code live on Bitcoin’s mainnet.Link to the article at Bitcoin Magazine:https://bitcoinmagazine.com/articles/long-road-segwit-how-bitcoins-biggest-protocol-upgrade-became-reality/Link to further details on SegWit’s many benefits:https://bitcoincore.org/en/2016/01/26/segwit-benefits/
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CryptoQuikRead_053 – Pieter Wuille Chapioning Bitcoin Development
So who are the people behind Bitcoin’s past improvements and who are building its future? Today we have an article from CryptoCoreMedia.com introducing the “Chuck Norris of coders,” Pieter Wuille, and his enormous contributions to the bitcoin protocol. Listen to learn more!Don’t forget to check out CryptoCoreMedia.com:
https://cryptocoremedia.com/pieter-wuille-leading-innovate-bitcoin/Also Other works by Nuno Menezes:
https://cryptocoremedia.com/author/nuno-menezes/
And of course Pieter Wuille’s Github page:
https://github.com/sipa
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CryptoQuikRead_052 – Mining Centralization Scenarios
Is Bitcoin really decentralized if we consider the enormous market dominance and hash power of Bitmain and the largest mining pools? Listen to Jimmy Song’s argument about the elements and consequences of centralized mining scenarios to find out.Don’t forget to check out @jimmysong’s other works on Medium:
https://medium.com/@jimmysong/mining-centralization-scenarios-b74102adbd36
Also check out Jimmy’s podcast:https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw
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