“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” - @NickSzabo4
Check out Szabo’s incredible blog, Unenumerated, at:
https://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
Support the show: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
Vijay Boyapati details in a Twitter thread, the brilliant but subtle shift that cypherpunks discovered in the economic concept of scarcity that made the...
"Never half-ass two things. Whole-ass one thing."— Ron Swanson Focus. Easily spoken, hard to live by. There are many lessons that Bitcoin teaches, and...
“Trusted third parties are security holes” isn’t just a slogan; it’s a concept that millions of people will have intuitively grasped for the first...