When does a blockchain fork? In my last blogpost, I analyzed an article pertaining to Bitcoin’s participant’s trust in a BTC trading platform and the risk implications on market operations if important network nodes are amiss. In this analysis, I would like to focus on the persons behind the software who make the entirety of […]
What is Bitcoin and how do we define trust? Bitcoin, anonymously created by Satoshi Nakamoto, is a technological software network of nodes which enable the transference and velocity of coins called bitcoins via clever usage of double SHA256 cryptography and a network consensus mechanism known as Proof of Work. Being decentralized and supposedly trust-less in […]