"Decentralized" doesn't mean what most people think. Popularly it suggests diluted power; in systems theory it means participants act on local information, with no participant given an explicit role.
An improved, SHA-256-only scheme to discourage mining pools from forming — Fawke signatures, refining the earlier Lamport approach — for when that goal is worth pursuing at all.
Miners join pools mainly to reduce the variance of their returns. But if the expectation is unchanged, why does variance matter so much? A look at the risk math of...
A minimal change to the Bitcoin protocol that could discourage mining-pool concentration — having miners generate Lamport signatures instead of block hashes — without penalizing existing ASIC investments.
Dispelling misconceptions common even among people who know Bitcoin well — starting with what hashing power actually buys you: security through expensive, irreversible spending, not transaction throughput.
Un programme informatique viendrait de réussir le test de Turing. Les médias en ont fait une nouvelle sensationnelle — mais qu'en est-il vraiment ? Retour sur Turing et la valeur...
