Before exploring Bitcoin’s various use cases, it’s crucial to understand how the limited blockspace, approximately 4 MB every 10 minutes, creates competition among applications, influencing their feasibility, design, and scalability. This context highlights the technical trade-offs and considerations that will be detailed in the subsequent table. The following analysis, inspired by the article (https://bitcoinmagazine.com/technical/the-blockspace-market-a-darwinian-forge), examines […]
Author: coinvolutio
Stay updated on Q
A new proposal, not yet a BIP, was submitted 3 days ago. Title: Post Quantum Migration and Legacy Signature Sunset https://github.com/jlopp/bips/blob/quantum_migration/bip-post-quantum-migration.mediawiki Have you read the Quantum Hunter, which was released 7 days ago? In this fiction story a guy steal the coins, but maybe he will not be able to if this proposal becomes a […]
Guide for innovative countries
Proposal for the Establishment of a National Strategic Bitcoin Reserve Guide for innovative countries – Easier to see Link to old El Salvador article: https://www.docdroid.net/Iw5EKJV/bitcoin-el-salvador-one-country-a-fiat-currency-and-bitcoin-pdf Keep in mind that government entities still officially hold only about 2.5% of the total Bitcoin supply. Notably, countries like Norway and Saudi Arabia indirectly own Bitcoin through investments in […]
Coinvoluted Chronicles
A new digital collection will be released tomorrow, 11 July, featuring four unique Bitcoin stories stored directly on the Bitcoin blockchain as EPUB files. These are limited in supply and combine storytelling with blockchain technology, offering a novel way to experience narrative art. Each story is available at the same price 0.00021 BTC + fees […]
Ascending the Kardashev Scale.
I admire Nikolai Kardashev’s work immensely. His scale is a brilliant way to measure civilizations’ technological prowess based on how they harness energy. It’s a captivating way to categorize the potential of extraterrestrial societies. The three classifications, from Type I to Type III, signify levels of energy mastery that are mind-boggling. From a civilization using […]