"Today no money in the world fully performs all three services. National currencies are being used as means-of-payment and standard-of-value money, b u t...
"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...
Vijay Boyapati details in a Twitter thread, the brilliant but subtle shift that cypherpunks discovered in the economic concept of scarcity that made the...