“At last, we have derived two metrics which both suggest that contrary to a widespread opinion, Bitcoin’s PoW is actually becoming more and more...
There were many precursors to the Bitcoin system, but IMO, none came as close to correctly defining the problem, & solving the key issues...
"In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity,...