Consensus
Economic Bitcoin Nodes: Why You Need To Use Your Node For It To Matter
Shinobi -
Bitcoin nodes are what makes up the Bitcoin network, but without using them to verify your economic activity, they don't impact consensus.
Low Fees Are A Symptom Of Deeper Problems
Shinobi -
People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not.
To Succeed Bitcoin Needs Something New, Not More of the Same
Shinobi -
Replicating the same types of services and applications of the legacy world on Bitcoin necessitates interacting with the legacy world, giving them leverage over Bitcoin.
A Denial Of Service Attack On Bitcoin Consensus
Shinobi -
The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, its because of the people refusing to listen in good faith.
The Difficult Adjustment
A call to arms for innovation, cooperation and a change in Bitcoin’s discourse to create the means for Bitcoin to fulfill its potential. From “The Primary Issue”.
Proof-Of-Work Is The Only Viable Form Of Consensus
Bitcoin’s consensus mechanism ensures that work needs to be done in order for transactions to confirm and secures bitcoin in the fairest manner.
Learning From The LND Bug That Could Have Robbed The Lightning Network
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A bug resulting in the stalling of LND and btcd nodes had minimal impact — but it could have been much worse.
Nothing’s Cheaper Than Proof-Of-Work Consensus
All roads lead to proof-of-work because it is the most efficient and fairest way to come to consensus, without having a rich-get-richer problem.
Softchains Bring Two-Way Pegs And Potential Room For Use Cases — But Not Without Security Costs
Shinobi -
Softchains are a sidechain implementation that interact on a deeper level with consensus mechanisms, which can bring benefits and risks.
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