The decentralized development paradox is simple – decentralized development processes that give bitcoin its strength and resilience come at a significant cost to efficiency and effectiveness. The tension this creates looms over Bitcoin Core the software project, where nobody is “in charge,” and...
For a sixth year running, regular Bitcoin Core contributors received a survey to surface priorities and ensure that people feel that they can contribute effectively. Below is a summary of the results in a format similar to previous years’ surveys. 2024 Activity Last year… 1622 PRs were...
In April 2023, Bitcoin Core developers initiated the Priority Projects experiment to address a recognized bias in the development process towards smaller patches over more significant projects. The initiative aimed to help maintainers prioritize significant projects when facing competing demands...
For a fifth year running, regular Bitcoin Core contributors received a survey to surface priorities and ensure that people feel that they can contribute effectively. Below is a summary of the results in a format similar to last year’s survey. 2023 Activity 1323 PRs were opened against the...
Tip of the cap to Bitwise. Last month following the U.S. Securities and Exchange Commission’s approval of its spot Bitcoin ETF, the asset management firm disclosed its bitcoin wallet address publicly. This sets a new threshold for transparency in financial markets. The Bitcoin holdings in...
I found this clip about bringing electricity to remote parts of Africa inspiring and thought that you might too. It is an extract from an upcoming film by Bitcoin Shooter.
The post Electrifying Africa appeared first on Rude VC.
While I was doing-some-blockchain recently, I have found out that Elliptic Curve algebra does not seem to fit easily into u128, so this is a second attepmt, now done properly, using arkworks-rs. TL/DR: code. Note: this is a purely educational example, meant just to show how abstract math can be...
Yesterday’s New York Times humanizes the plight of victims of banking algorithm punishment in the world’s largest economy. [read: Why Banks Are Suddenly Closing Down Customer Accounts] I, and probably many readers of this blog, have experienced our own frustrating incidents of unexpectedly frozen...
For a fourth year running, regular Bitcoin Core contributors received a survey to surface priorities and ensure that people feel that they can contribute effectively. Below is a summary of the results in a format similar to last year’s survey. 2022 Activity 1712 PRs were opened against the...
Lets Start With What the USD is backed by The USD is no longer backed by gold1, but by a promise that the US Government will pay its debt (in the form of payment the interest on (and sometime redeem) government securities when due). If these payments are not made to the debt holders (Corporations,...