From Bitcoin Magazine, today we read Aaron's piece on the recently conceptualized "Statechains" from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins. Don't miss the read & a really fun discussion about the tech to follow.
Check out BitcoinMagazine.com for the full article and the best place for Bitcoin news and information! Dropping a link to Aaron's main page because he has a number of recent articles that are also wonderful (specifically recommend "The 'Noinput Class'")
https://bitcoinmagazine.com/articles/statechains-sending-keys-not-coins-to-scale-bitcoin-off-chain
https://bitcoinmagazine.com/authors/aaron-van-wirdum
https://twitter.com/AaronvanW
If you enjoy this show and would like to support my work, become a Patron!
https://www.patreon.com/thecryptoconomy
The only thing as scarce as Bitcoin, is Time. Do you value it accordingly? For today's read we are diving into our first piece...
"Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do...
"These two jobs are almost always in tension. Any added protection to keep a bad actor out adds a risk that it may also...