Central banks across the world are exploring the possibility of developing their own digital currencies, known as CBDCs. In this whitepaper, the authors make the most comprehensive argument against CBDCs to date: CBDCs will erode the distinction between America and authoritarianism.
Global presence of Bitcoin mining activity. All mining locations detected (n = 6062) are mapped by their unique longitude and latitude coordinates.
Valves are an important tool for flow control in fluid or gas networks. We investigate the possibilities to set up valves on the Lightning Network to improve flow control and reduce expected payment failure rates.
* For users of Bitcoin, its transaction fees represent an unpredictable cost, but a known benefit: global 24/7 digital final settlement of a highly liquid asset. Historically, Bitcoin's transaction fees have been a small part of miners' revenue relative to "minting" new BTC for the ledger, but long term these
Technical analysis of mining behavior exhibited by an entity that is plausibly Satoshi Nakamoto.
Blind patriotism encouraging further centralization of mining in America is a regulatory capture trap.
* Taro is a proposed protocol that will allow the issuance of digital assets on the Bitcoin blockchain. * Taro assets can be fungible currencies such as stablecoins, or non-fungible, unique tokens such as NFTs or collectibles. * Taro assets can be transferred over the Bitcoin network, or instantly, at low cost and