Archive for May, 2014
NimbleCoin can be Bitcoin’s Best Friend
Posted by SDLerner in Uncategorized on May 12, 2014
The debate of what will happen with Bitcoin hashing power when the reward is halved around August 2016 is starting to boil in the bitcointalk forums. Some questions have been risen about the security of CPU-friendly alt-coins, such as LiteCoin and DogeCoin in the long run. The problem was summarized in one sentence: If the […]
DECOR+
Posted by SDLerner in Uncategorized on May 7, 2014
In my previous post I presented the DECOR protocol. One of the assumptions I did was that the amount of coins each miner earned in competing blocks was approximately the same. This could be true for cryptocurrencies with never ending block subsidies (inflationary designs) because the block subsidy may be an order of magnitude higher […]
Even faster block-chains with DECOR protocol
Posted by SDLerner in Uncategorized on May 2, 2014
One of the most interesting papers ever written about the Bitcoin block-chain design is “Accelerating Bitcoin’s Transaction Processing” by Sompolinsky and Zohar. The paper presents the GHOST protocol which aims to achieve higher TPS securely by changing the way nodes decide which is the best chain fork. The authors try to reduce the block rate […]
The Roads to Innovation in Cryptocurrencies
Posted by SDLerner in Uncategorized on May 1, 2014
Once upon a time there was Bitcoin and nothing else. History was being written by Satoshi and a few illuminated minds that posted the most interesting ideas in the Bitcointalk forums and IRC channels. Almost every cryptocurrency idea I’ve heard of had a seed in some of these heated online discussions. During 2009 improving every […]
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