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STEP 1: The Definition Problem

Part 1 of 12: This article explores the challenge of precisely defining what Bitcoin truly is—and draws parallels to a similar issue in second-order cybernetics during the early 1970s.. It's argued that, Bitcoin isn't just a new kind of money to define. Bitcoin is a new medium that restructures how we think about money, trust, time, value.

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Remix of Out of Control

The other day I got a note from a Danish guy who is a fan of my book OUT OF CONTROL. He found my ideas great but my presentation “frustrating.” But unlike my other “frustrated” readers,

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Taproot Denial of Service Bug

TL;DR: Taproot’s sighash implementation could cause blocks to take 60s or more to validate with specially crafted standard transactions. The patch adds a new cache during validation.

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