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Bitcoin History Part 23: The First BTC Escrow
9.1.2020
Before the emergence of crypto exchanges and trustless multi-sig, early bitcoiners saw the need for an escrow service – a mediator to act as a go-between for strangers transacting online. Given the panoply of options now available, it is strange to think that escrow was once provided by a...
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...
ISIKC – Where Deep Traditions Meet Innovation
6.1.2020
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ISIKLAR HOLDING, a company with deep traditions and...
Why Nick Szabo Probably Isn’t Satoshi
2.1.2020
Search online for ‘possible creators of Bitcoin’ and Bit Gold creator Nick Szabo will always appear near the top of the list. His long history in the cypherpunk space, his writings on money, digital cash, and smart contracts, and some facts about his past have often been used to create...
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
Bitcoin Wars: If Blockchain History Were the Original Star Wars Trilogy
21.12.2019
It is a period of civil war. Jedi Muppet Satoshi Nakamoto has managed to create secret plans for improving the galaxy’s financial infrastructure
The Many Facts Pointing to Ian Grigg Being Satoshi
20.12.2019
Financial cryptographer. Cypherpunk. Inventor of Ricardian contracts and early utilizer of triple-entry accounting systems, which would later be exemplified in Bitcoin. Ian Grigg may have claimed that Satoshi was a team effort and is now dead, only living on in bitcoiners everywhere, but some seem...
Bitcoin History Part 22: The New Wealthy Elite
19.12.2019
“I am pretty confident we are the new wealthy elite, gentlemen, even with a sum as small as 10 bitcoins … The world just isn’t going to be the same and we have been blessed as the pioneers.” When these remarks were made in June of 2011, they seemed hopeful to the point...
Print-Inspired Layout on the Web
18.12.2019
I always love seeing people get inspired by print design and trying to port it over to the web. There is a much deeper history of interesting print work to draw from, and still a ton of modern work happening that eclipses most digital design work today. The web is fully capable of bold, interesting...
Bitcoin Fails to Repeat the History it Created 2 Years Back; Dips to $6,500
18.12.2019
Bitcoin trades at $6,610.60—marking half of the highest price hit this year. The fun fact here is that exactly today, Bitcoin had hit $20,000 (all-time high) two years back in 2017 and currently, two years down the line, we have a moderate adoption of cryptocurrency as the price plummets. Take...
Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years
17.12.2019
Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
What the Wild History of Digital Currency Tells Us About The Future
11.12.2019
An interview with Finn Brunton, the author of two books about the cultural history of digital currencies
Bitcoin History Part 21: Miners Pour One out for Satoshi
10.12.2019
There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin...
Music and Web Design
9.12.2019
Brad has a long history in music outside of being a web designer, and draws some interesting parallels. One is that he had reached for more complex music in an effort to become a better musician — and developers can do the same thing. The other is that the composition of music can be seen...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
The Many Facts Pointing to Shinichi Being Satoshi
4.12.2019
A lesser known, yet uniquely compelling candidate for the real Satoshi Nakamoto is Japanese mathematician and number theorist Shinichi Mochizuki. With a long history of mathematical innovation, and purportedly proving conjectures thought to be near impossible to verify, he seems to almost come from...
PODCAST: Altcoins and Ancient History with Litecoin’s Charlie Lee
1.12.2019
The hosts are talking network effects, ad-hoc audits and more with early Bitcoin developer and Litecoin creator Charlie Lee
A History of Blockchain Consensus Mechanisms
26.11.2019
The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated...
The Communal Cycle of Sharing
18.11.2019
What I'm interested in this year is how we're continuing to expand on tools, services, and shared side projects to collectively guide where we take the web next, and the way we're sharing that.
So many other mediums—mostly analog ones—have been around for ages and have a deeper history. In...