Did you know roses float in shit? It's not just that roses float on top of shit, it's that there is a massive river of shit orders of magnitude larger in flux than the miniscule amount of roses that appear, pouring over the roses continually, and yet they still rise to the surface. If they...
Month: April 2015
“The Majority is Enough”
Abstract: About a year after Ittay Eyal published two papers claiming vulnerabilities in the bitcoin mining protocol, we have seen that the network is still strong (it has grown in hashpower many times over) and is unaffected by the supposed problems. I show here the biggest reasons the two vulnerability analyses were flawed. The attacks...
Altcoins: Why you need them
A lot of cats have been spitting that "there can be only one", that all non-BTC bitcoin is worthless, and that shitcoins are generally a lead weight strapped on the ankles of humanity. Who knows, probably some of these cats are more clever than I. However, on this issue they are wrong. Allow me to...