How to make sense of segregated witness

Segregated witness is a complete change of the security model of bitcoin. Why would anyone want to do that? The previous security model has worked perfectly to secure payments for users and merchants so a reasonable explanation is that it is not in the interest of users and merchants to completely change the security model.[…]

Blockstream is evil

I think we in the bitcoin community are facing a situation which is similar to what is described in this video: https://m.youtube.com/watch?v=y1-0o0cSw24 To illustrate the evilness of some of the folks refusing a block size limit increase I point you to the example Luke Dashjr also known as Luke-Jr. He has been employed on occasion[…]

The Blockstream block size coup (attempt)

To the best of my judgement bitcoin is in the middle of a coup attempt. The intellectual part of the attack force is headed by Blockstream. Who knows who else is behind. Probably some very powerful forces. Some background reading: https://forum.bitcoin.com/ama-ask-me-anything/i-m-mike-hearn-creator-of-lighthouse-bitcoinj-and-bitcoin-xt-ask-me-anything-t2207.html http://forums.prohashing.com/viewtopic.php?f=11&t=650 https://medium.com/@octskyward/on-block-sizes-e047bc9f830 If bitcoin is not allowed to scale bitcoin is probably basically worthless.[…]

Cryptocurrencies and smart contracts can significantly improve the open source business model

According to http://gs.statcounter.com/#desktop-os-ww-monthly-201409-201509 the usage share of Linux based desktop operating systems is 1.55%. For mobile and tablet the share is much higher, 66.77% and 30.98% respectively. Why the huge difference between desktop and mobile/tablet? I believe the reason is that Android which is the dominating Linux based system on mobile and tablet has a[…]