Tag: cryptography

Bitcoin: Where the Laws of Mathematics Prevail

So let’s get started. Why are we here? We’re here because eight years ago a person under the pseudonym Satoshi Nakamoto created a new technology. And this technology is the blockchain technology that is part of bitcoin. Now, this technology is not just one thing. In fact, there’s four different technologies coordinated together. Bitcoin was

3 Surprising Things That Act Like Fluids

[♪ INTRO] If you’ve ever been stuck in a traffic jam, you may feel like you’re in the middle of a clogged pipe. And that intuition… isn’t too far off from reality. Scientists can model traffic flow using equations originally invented for liquids in pipes. This is actually a common thing in science: Equations that

Bitcoin Q&A: Does the price matter for adoption?

M.J. asks, “Does price matter?” “If bitcoin does not greatly increase in value relative to goods and services, as well as fiat currencies, can it still disrupt banking, prevent governments from stealing their citizens’ savings through currency debasement, reduce corruption, and / or prevent unnecessary warfare funded by money printing?” Yes, I think cryptocurrencies can