28 Oct '13, 4pm

Bitcoin

Bitcoin

As far as open-source protocols go, one area in which Bitcoin is unique is the sheer difficulty of making any changes to the protocol. Unlike most other protocols, where features can be added, modified or deprecated at a moment’s notice, in the world of Bitcoin even the slightest change requires the simultaneous cooperation of the vast majority of the entire Bitcoin network. The reason for this is simple: in Bitcoin, and in Bitcoin alone, absolute consensus is required. On internet protocols like HTML and CSS, if a web browser interprets some style elements incorrectly, the worst that can happen is that the webpage renders incorrectly. In Bitcoin, on the other hand, a single transaction being incorrectly valid or invalid makes the entire block invalid, potentially causing the entire network to split in half as it did in March 2013 . As a result, most of the decisions that ...

Full article: http://bitcoinmagazine.com/7781/satoshis-genius-unexpecte...

Tweets

Revolution Solution: Bitcoin! – @maxkeiser @sta...

youtube.com 28 Oct '13, 6pm

Watch the full Keiser Report: Tuesday In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the revo...

#Bitcoin

#Bitcoin

indiegogo.com 31 Oct '13, 10am

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Bitcoin is changing the world! | DailyPaul

dailypaul.com 02 Nov '13, 5pm

The concept sounds curious...so I ventured to find out more about it and how to go about buying it. I'm in Canada and ther...

Bitcoin and Seasteading: Bitcoin 2013 conference - Lasse Birk Olesen - Seasteading - Entrepreneurship in Gover...

Bitcoin and Seasteading: Bitcoin 2013 conferenc...

nextbigfuture.com 27 Oct '13, 8am

Bitcoin 2013 conference - Lasse Birk Olesen - Seasteading - Entrepreneurship in Government on the High Seas Recorded at th...

Revolution Solution: Bitcoin! @maxkeiser @stacy...

youtube.com 28 Oct '13, 6pm

Watch the full Keiser Report: Tuesday In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the revo...

Mastercoin: A Second-Generation Protocol on the Bitcoin Blockchain

Mastercoin: A Second-Generation Protocol on the...

bitcoinmagazine.com 04 Nov '13, 4pm

The concept of an alternative currently relying on Bitcoin to take advantage of its powerful and secure network backed by ...

WTF is a Bitcoin?!

huffingtonpost.com 06 Nov '13, 6am

Chances are, you've recently wondered if you're the only person who doesn't know what Bitcoin is all about. Well, don't wo...

Bitcoin is breaking out (again).

twitter.com 03 Nov '13, 6pm

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

Bitcoin Pursues the Mainstream - Yahoo Finance ...

finance.yahoo.com 31 Oct '13, 1pm

The currency known as bitcoin — a much-hyped and much-doubted type of digital cash that can be bought with traditional mon...

Bitcoin Is Not Broken

Bitcoin Is Not Broken

forbes.com 06 Nov '13, 4pm

,’ said two researchers from Cornell University who released a paper to the press this week about a potential flaw in the ...

Awesome: How Bitcoin Works Under the Hood:

youtube.com 26 Oct '13, 3pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . How Bitcoin Works Under the Hood C...

This Is Why Bitcoin Is Fundamentally Broken

This Is Why Bitcoin Is Fundamentally Broken

businessinsider.com 05 Nov '13, 4pm

This protocol works through a process called mining. In essence, the ledger is organized into a single, ordered sequence o...

Bitcoin Pursues the Mainstream

nytimes.com 31 Oct '13, 4am

But some entrepreneurs, investors and even merchants are eyeing a far more mainstream use for it. They are convinced that ...

Bitcoin Pursues the Mainstream

nytimes.com 31 Oct '13, 6am

But some entrepreneurs, investors and even merchants are eyeing a far more mainstream use for it. They are convinced that ...