Another awesome read as we continue through Knut Svanholm's excellent book, "Sovereignty Through Mathematics." Part 3 goes into so many fascinating concepts on the nature of proof of work, and the zero-to-one invention of absolute digital scarcity.
• Proof of Work in nature
• Unforgeable Costliness
• Absolute scarcity
• Bitcoin's & marshmallows
& much more!
Don't forget to follow and give a shout out to the author for making this available for free to the Cryptoconomy crew!
https://twitter.com/knutsvanholm
Mentioned in the commentary:
• Money, Blockchains, & Social Scalability
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066---Money--Blockchains--and-Social-Scalability-e2ndsj
Subscribe to the show so you don't miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
"After four years of work, James O'Beirne's assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is merged into Bitcoin Core."...
Sometimes a story isn't what it seems... and that's exactly what happened in Take_100. In this follow-up, I revisit the mysterious movement of 80,000...
Hashing out all the major pain points, who to trust, building your filter, and where to start when it comes to learning everything about...