Understanding Bitcoin
by Pedro Franco · first published 2015
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…"instant.") > Bitcoin is a new payment system, independent from the traditional financial sector, and this could provide resilience to the economy in case of a crisis, as it creates a parallel payment system. Understanding Bitcoin: Cryptography, Engineering, and Economics by Pedro Franco, 2010, pp. 26. > You can purchase video games, gifts, books, servers, and alpaca socks. [...] Bitcoins are a great way for small businesses and…
on “Steam is no longer supporting Bitcoin” ↗…balloons to the point where the answer is in a hundred pieces due to missing context and bad assumptions about the reader. I went through this same process but for Bitcoin, culminating in writing the Understanding Bitcoin book[1]. I also saw this dynamic in the cryptopals challenges, where I thought the hardest problems were "look up this off-the-shelf cryptosystem and implement it", not "find a flaw in that system you…
on “Show HN: I'm 17 and wrote this guide on how CPUs run programs” ↗