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Are Blockchains Decentralized? Unintended Centralities in Distributed Ledgers
The report investigates the true decentralization of blockchains, highlighting various forms of centralization, vulnerabilities in consensus protocols, and the implications for security and immutability in networks like Bitcoin and Ethereum.
blog.trailofbits.comA short-lived capital stock will manifest in accelerated depreciation and a fragile capital structure will incur an undue interest charge.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Price is the maximally compressed signal of economically relevant information.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
using repurposed materials.
Bill Gates • How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need
You need stocks to create flows, and you need flows to replenish stocks.