What Does Bitcoin Need to Succeed as a Currency? [POLICYbrief]
Cryptocurrency is on the cutting edge of the divide between liberty and the State, between a centralized coercive order and a decentralized voluntary one, and that divide here comes in…
Probability in Bitcoin Mining: The Hashing Function
The only way to send money electronically has always been to rely on a centralized intermediary. Say, someone like PayPal. How do we randomly select a miner amongst all the…