"The Third Era will start with civil war" -Rusty Russell The future economic reality of the Bitcoin ecosystem has been hard-coded into the consensus...
"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...
"If there is ever competition for the energy that the Bitcoin miners are buying, the miners turn off their machines, perhaps to turn them...