Read_200 – Why Bitcoin’s Lightning Network is Ingenious [Todd Kronenberg]
“by having the double accounting system rely on and be backed up by the triple accounting system you get the throughput of the double with the security and trustlessness of the triple.” -Todd Kronenberg
Don’t forget to check out the original article and follow @TK_CodeBear on Twitter and Medium:
https://medium.com/coinmonks/why-bitcoins-lightning-network-is-the-ingenious-10dc1ad9ccae
https://twitter.com/TK_CodeBear
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Read_199 – Confidential Auditing [Nick Szabo]
“Auditing controls might fairly be called the security protocols of capitalism… [but] auditing is in deep conflict with efforts towards greater privacy.” -Nick Szabo
Don’t miss a great read and conversation on auditing, confidentiality, privacy, and how Bitcoin has changed the game. Another great piece by @nickszabo4.
This article can be found on Szabo’s Blog unenumerated.blogspot.com or at the Nakamoto Institute’s website at:
https://nakamotoinstitute.org/confidential-auditing/
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Read_198 – Unpacking Bitcoin’s Social Contract [Hasu]
“When Satoshi Nakamoto invented bitcoin, he did not invent a new social contract. Satoshi did something else—he leveraged technology to solve many problems of past implementations and implemented the old contract in a new and better way.” – @hasufly
Hasu brings us another great article with Part 2 of “The Skeptics Guide to Bitcoin.” What becomes clear when we understand both Bitcoin and money as a social contract? Can it answer some of the more complex philosophical debates within the Bitcoin ecosystem? Listen to find out.
Don’t forget to follow @hasufly on Medium & Twitter and drop some major applause on the article:
https://medium.com/@hasufly/bitcoins-social-contract-1f8b05ee24a9?sk=27e8cf65d45c46ffae1466ce2ac31b48
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Guy’s Take_006 – 100,000! ANCHOR.FM & MASTERING BITCOIN
We hit a major milestone in the show! Thank you to everyone who has stayed with us and contributed to the show! Today I’m covering the past & future of the show and new things coming to Cryptoconomy.Life!
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Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:
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Read_197 – An Honest Account of Fiat Money [Hasu & Su Zhu]
“While sovereign money has undeniably led to a lot of abuse, as evidenced by instances of hyperinflation, seizures or capital controls, the absence of all control brings problems of its own.”
Today we begin an excellent short series by @zhusu and @hasufl with their article “An Honest Account of Fiat Money.” Join us today for a great read followed by my lengthy rant about the ethics of a money susceptible to political inflation. XD
Drop some applause on the article and get a heads up on tomorrow’s episode with part 2 on @Hasufly’s medium page:Part 1 – An Honest Account of Fiat MoneyPart 2 – Unpacking Bitcoin’s Social Contract
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
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Read_196 – Understanding the Technical Side of Bitcoin [Pierre Rochard]
Curious about where to start or what to possibly focus on when learning Bitcoin, Lightning, and the fundamentals of the most important tools in this ecosystem? Look no further, today we read and discuss Pierre Rochard’s excellent piece that breaks it all down.
Don’t forget to save the article in your bookmarks for later reference and drop some mad Medium applause for the awesome collection of links: https://medium.com/@pierre_rochard/understanding-the-technical-side-of-bitcoin-2c212dd65c09
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_195 – Estimating and Minimizing Consumer Worry [Nick Szabo]
What are the mental barriers that cause prospective consumers to drop off from interacting with an e-commerce business? How can we measure or estimate the worry caused by excessive forms, ads, and barriers to the content being sought. Another piece by @NickSzabo4 to add to our collection. Don’t miss “Estimating and Minimizing Consumer Worry.”
Check out this work and many more on Szabo’s Blog:https://unenumerated.blogspot.com/2015/10/minimizing-consumer-worry.html
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_194 – The Cryptocurrency Phenomenon [Part 9]
“Far from being a novelty or prototype, Bitcoin has shown itself to be a threatening alternative to present-day organizational conventions and to the large commercial businesses that rely on them.”
The Epic finale of the piece by the team at Iterative.Capital. Investigating the investment outlook and consequences of a world with Bitcoin. Don’t miss the conclusion of “The Cryptocurrency Phenomenon.”
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_193 – The Cryptocurrency Phenomenon [Part 8]
“Thus, Bitcoin is the first free, non-commercial software project with the intensity of a commercial product.”
Today we hit Section 6 of the Iterative.Capital Thesis exploring the incentives and feedback loops that allow the Bitcoin network to accrue value, bring in developers, and expand its hardware environment. Don’t miss this one as we approach the conclusion of this thorough work!
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_192 – The Cryptocurrency Phenomenon [Part 7]
“In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work.”
Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control. Concluding Section 5 of the incredible Thesis by iterative.capital, “Machine Consensus Via Proof-of-Work.”
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_191 – The Cryptocurrency Phenomenon [Part 6]
“How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?”
Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control. Section 5 of the incredible Thesis by iterative.capital, “Machine Consensus Via Proof-of-Work.”
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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Read_190 – The Cryptocurrency Phenomenon [Part 5]
Today we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system in a free and collaborative environment. Continuing with Section 4 of the iterative.capital Thesis on The Cryptocurrency Phenomenon.
Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76
Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t
Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin
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