Blocks

Part I introduced some of the challenges in the way of the public understanding of how Bitcoin works, and summarized the strategic roles of...

Arthur C. Clarke’s third law famously states: “Any sufficiently advanced technology is indistinguishable from magic.” What Bitcoin makes possible can at first seem almost...

Peercoin was the first Bitcoin-based monetary system to use proof-of-stake as a mechanism to ensure its own integrity. However, there are some objections to...

Adam Back and Austin Hill announced on Let’s Talk Bitcoin their newest project: “sidechains”. The idea, they described, would allow for the existence of alternative blockchains, perhaps with different rules allowing various kinds of additional features or transaction types, but with a currency unit whose value is pegged to that of the bitcoin.

4Love is patient,love is kind. It does not envy, it does not boast, it is not proud.5It does not dishonor others, it is not...

Proof of Work (PoW) is the only external method of powering the distributed consensus engine known as a blockchain. However, at least two alternatives...

Recently, in the media surrounding Bitcoin, you may have heard about an event called the “block reward halving” that will soon be taking place...

Un des arguments principaux en faveur de la monnaie fiat contrairement à la monnaie basée sur une ressource rare, soit l’or, l’argent ou les...

Un Bitcoin c’est une monnaie électronique pair à pair décentralisée. Essentiellement, c’est similaire a un compte bancaire, dans le sens que votre argent est...

The Network and the BlockchainThe Bitcoin network is the network of computers through which Bitcoin transactions are broadcasted and which maintains the public blockchain. Sometimes,...