The Blocksize War was a chaotic event at around 2015. It was a nerdy fight seemingly about the size of the blocks that should be in the bitcoin network, but it uncovered a lot more than that. It showed the ugly underbelly of human greed, attempts at controlling the network, to do a hostile takeover, to distort and dissolve it. It is the main reason bitcoin is now so antifragile it might as well be considered digitally immortal.
This video from Trader University was shared by Adam Back as a simple enough explanation. gotta say this is so far best explainer on why BIP 119 is premature, and pushing changes without consensus results Read more…
Mempool is like giving your transaction to a kid to get on the bus plus bus fare. He waits at the stop, buses come in every 10 minutes. The bus has limited seating. Those who Read more…
To actually understand bitcoin, you need to put in about 100 hours of research into it. Not many people can spare that time but here’s a list of good resources to get your friends and Read more…
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