Blockchain Basics

I wrote this article on 25th of October last year, explaining how slavishly following the "longest chain with most cumulative work" is naive and dumb. https://baswisselink.com/articles/bitcoin-more-than-miners/ At the time, BCH (then mostly BCC) proponents were vocally saying it was "Nakamoto [...]

In this second post in my Blockchain Basics series, I'd like to discuss another term that you will encounter when studying blockchains, which is "consensus How does a blockchain reach consensus? Just like with the term "trust", I often find [...]