Tagged: Bitcoin

In Satoshi Nakamoto We Trust

Tech Innovation vs The Economic Paradigm

The technology powering cryptocurrencies is innovative and full of promises. However, it is important to realize that digital currencies do not shift the paradigm of the economic world. Failure to recognize that entices people to...

Satoshi Nakamoto, Puzzle and Paradox

Two years ago, artist Marguerite Christine (a.k.a. Coin_Artist) published a series of paintings called “The Legend of Satoshi Nakamoto”. Each painting represents a cryptographic puzzle hiding the key to a Bitcoin stash. Despite many...

Blockonomy.org

Cryptocurrency & Security: The Jackpot Question

From rag to riches, cryptocurrencies have something of the “Slumdog Millionaire” story, so here is one jackpot question for “Bitcoin Jamal”: Since the computational complexity of functions used in cryptocurrency systems is assumed (and...

Mining Experiment Lucky Miner

A Bitcoin Mining Experiment for Everyone

Being involved in the video game industry, I am always interested in ways new technology can be leveraged through gamification to provide opportunities for engagement, retention and monetisation. I created this experimental app to...

Blockonomy.org

Short Selling Cryptocurrencies – The Devil’s Advocate

Most likely, Jamie Dimon (CEO of J.P. Morgan) did not talk innocently of a dollar-backed cryptocurrency while calling Bitcoin “a fraud”. Any currency that could fix the price level volatility (FED coin?) while taking...

GAME OF TRUST HASH POWER VS THE ODDS

Bitcoin Ledger & Trust – Hash Power vs The Odds

Bitcoin Mining Infographics To confirm transactions on the ledger, Bitcoin miners must find a specific number (hash) by performing an exhaustive search across a large range of numbers. Anyone has a chance to find...

Bitcoin Solo Miner: The Odds in 2017

Years ago, I won a book as reward for completing a little challenge which consisted of solving the following problem: While driving, I came across a milestone that read a two-digit number ab. One...