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
“Years before the U.S. government’s assault on free speech escalated into the indictment against the WikiLeaks founder, the mysterious creator of Bitcoin recognized the...
"We have the fork wars, we have a culture that understands the importance of nodes and widespread enforcement of a protocol and its rules....
"Bitcoin is not merely a network, it's a foundation for an anti-authoritarian political movement in an increasingly authoritarian world. If you're looking for why...