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* 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
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Technical analysis of mining behavior exhibited by an entity that is plausibly Satoshi Nakamoto.
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Blind patriotism encouraging further centralization of mining in America is a regulatory capture trap.
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* 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
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* On March 9, 2022, President Biden signed Executive Order 14067: “Ensuring Responsible Development of Digital Assets,”1 to support responsible digital asset development, in line with our climate change objectives, and for the benefit of everyone in America. The President directed the White House Office of Science and Technology Policy
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* When war is waged, the State takes priority. Regardless of whatever the pre-war legal norms were, during wartime, whatever the State needs, the State takes. And because the State must have what it needs to wage war, the private sector is typically crowded out of a wide range of goods
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* Blockchain systems based on a reusable resource, such as proof-of-stake (PoS), provide weaker security guarantees than those based on proof-of-work. Specifically, they are vulnerable to long-range attacks, where an adversary can corrupt prior participants in order to rewrite the full history of the chain. To prevent this attack on a
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Table of Contents 1. Overflow 2. Chaincase Closed 3. The Fog of Analysis 4. OFAC Sanctions Tornado Cash OVERFLOW This section is for stories that would have been included for the months of May, June, and July: * Financial Cryptography and Data Security 2022 * ZK-Rollup Research Fellowship Update * JoinMarket Adds Onion-Based
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* Bitcoin mining possesses a combination of properties that makes it a uniquely flexible energy consumer. This flexibility allows bitcoin miners to provide positive externalities to various energy systems globally, including strengthening vulnerable electricity grids, improving the economics of renewable energy, mitigating natural gas flaring, and lowering heating costs by repurposing
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* Wars cannot be fought with supply chains that crisscross a globalized world, where production happens on faraway, little islands in the South China Sea, from where chips can be transported only if airspaces and straits remain open... * Global supply chains work only in peacetime, but not when the world is
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* Taro is a new protocol being developed at Lightning Labs that promises to enable creation and transfer of digital assets on the Bitcoin blockchain and specifically on the Lightning Network. * Any protocol that requires a bitcoin transaction to move another asset will be inherently limited by the block space market.
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* the costs and impacts of jamming * potential solutions https://jamming-dev.github.io/book/about.html archive: https://archive.ph/qENv7
