Why Bitfinex’s “Chain Split Tokens” are completely biased towards the small block side (again)Their previous prediction market contract was equally biased, and not an attempt to discover price. It was just a manipulative bet on a…Oct 6, 201713Oct 6, 201713
Neutral Chain Split Token contract for BitfinexTerms and Conditions for Chain Split TokensOct 6, 2017Oct 6, 2017
Why “non-mining full nodes” are a terrible idea.In the early days of Bitcoin, there was no-such thing as a “non-mining full node”. Every miner was a node and every node was a miner. In…Aug 22, 201717Aug 22, 201717
The solution to the block size debateIn a nutshell, the debate comes down to 2 things:Mar 29, 20178Mar 29, 20178
Bitcoin needs on-chain transactions to survive, and so do minersSatoshi created block rewards as a temporary way to bootstrap Bitcoin. He intended to have transaction fees replace block rewards as…Oct 24, 201612Oct 24, 201612
