Bitcoin builds the blockchain with a consensus mechanism called Proof-of-Work (PoW). The primary purpose of PoW is to implement a distributed timestamp server, which consists of a network of nodes competing and agreeing with each……...

While the world seems to be fixing its eyes on the bitcoin price charts, I watch a simple and mundane number: The per-block transaction fee/subsidy ratio on the Bitcoin blockchain. The fees/subsidy ratio is the……...

The energy consumption of BTC mining has caused so much concern to the public that some are attempting to outlaw Proof-of-Work (PoW) systems altogether. But the energy consumption Is a problem with BTC, not BSV,……...

Our world today has an almost blind and excessive focus on superficial face values of everything. The measurements of economic systems and financial systems are no exceptions. People confuse price and value. It has reached……...

A cybernetic view is a way of looking at systems focusing on circular causal processes of feedback, control, communication, and adaptation in complex environments. Unfortunately, Bitcoin has been predominantly viewed as a technical system controlled……...

Is Bitcoin quantum proof? This is an often-asked question with the anticipated (or more often imagined) rise of quantum computing. First, due to the yet-to-be-solved (perhaps even unsolvable) unscalable error correction problem and the peculiar……...

Bitcoin SV promises to be vastly scalable, millions of times more scalable than Ethereum. Technical scalability aside, how will such scalability stress the bitcoin supply and impact bitcoin price, and vice versa? This chapter explores……...

The biggest structural and elemental difference between Bitcoin and Ethereum is that the former uses Unspent Transaction Output (UTXO) while the latter uses an account-based model. UTXO is like cash in that every bill or……...

In the world of blockchain and cryptocurrencies, there’s a struggle over the distinction between privacy and anonymity. Even some most articulate people struggle and stumble over explaining these concepts. The struggle is due to a misunderstanding……...

“Bitcoin is analogous in many ways to old systems. The exchange of value is done in the same way as a negotiable instrument or cheque.” – Dr. Craig S. Wright, Peer-to-peer electronic cash. Bitcoin as a……...