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Proof of work

Bitcoin’s Proof Of Work Is Well Worth Its Fees

While centralized exchanges might think they want to promote proof-of-stake blockchain projects, they misunderstand the value of Bitcoin’s proof-of-work model.

How Sports And Bitcoin Exemplify Low Time Preference And Efficient Energy Expenditure

Sports and Bitcoin both transform energy through low time preference into appreciable proof-of-work rewards.

How Proof-Of-Work Is Useful Beyond Bitcoin

Like many things, proof-of-work as a concept can be applied in one’s own life beyond the idea of bitcoin mining.

The Coercion Of Ethereum’s Difficulty Bomb

The perpetual Ethereum difficulty bomb is evidence that blockchains can be coercive, and Bitcoin is evidence that they don’t have to be.

Like Bitcoin, Everything Important Is Proof-of-Work

Bitcoin is simply one of many proof-of-work systems that creates the most important outputs and skills in the world.

What Is Nakamoto Consensus And How Does It Power Bitcoin?

Satoshi’s innovation enabled global consensus without a centralized authority, thus creating the first truly trust-free monetary system.

Is It OK To Profit From Bitcoin Influence?

Should those who seek influence in the Bitcoin ecosystem feel entitled to compensation for their efforts?

Bitcoin Embodies Nikola Tesla’s Vision For Peace And Energy Abundance

As an arbiter of truth for the most reliable and cheapest forms of energy, Bitcoin can enable Nikola Tesla’s vision of a peaceful, abundant energy future.

In Denouncing Bitcoin, Mozilla Undermines Ethical Web Principles

In denouncing Bitcoin’s proof of work and Decentralized Identifiers, Mozilla’s Tantek Çelik undermines the W3C’s own ethical web principles.

Delegated Proof-of-Stake: Can We Be Free Under A Benign Master?

The consensus mechanism used by Bitcoin is the only way to ensure true lasting freedom.
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