Blockchain Basics

/Blockchain Basics

Bitcoin: More than Miners, revisited

By |2018-11-12T19:30:32+00:00November 12th, 2018|Articles, 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 [...]

Blockchain Basics: Consensus

By |2017-07-21T10:50:01+00:00March 15th, 2017|Articles, Blockchain Basics|

[vc_row][vc_column][vc_column_text]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 [...]