18 Oct '12, 1pm

A look at the #Bitcoin network transaction history - "current version of payment system not working as intended"

A look at the #Bitcoin network transaction history - "current version of payment system not working as intended"

I have been reading an eye-opening paper by mathematicians Dorit Ron and Ami Shamir, looking at the entire transaction history of the Bitcoin network. For those unfamiliar with Bitcoin, it is a cryptographic currency that was created with the stated intention of generating a decentralised payment system for the Internet era (my earlier take on the idea here ). It has proved popular with computer enthusiasts, and specially with libertarians who see it as a perfect antidote against fiat monetary systems. So far Bitcoin has been riddled with security issues, theft, fraud, hacking and other problems that have meant that the scheme has failed to become popular outside of a core following of rabidly faithful enthusiasts. The paper contains some truly insightful figures that help to assess the Bitcoin experiment fully. There are 1,851,544 different Bitcoin owners. Given that at t...

Full article: http://www.technollama.co.uk/a-look-at-the-bitcoin-networ...

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Peer review of "Quantitative Analysis of the Fu...

gist.github.com 18 Oct '12, 12pm

This is a review of "Quantitative Analysis of the Full Bitcoin Transaction Graph" by Dorit Ron and Adi Shamir. There are s...

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news.hitb.org 18 Oct '12, 11pm

The Bitcoin scheme is a rare example of a large scale global payment system in which all the transactions are publicly acc...

#reddit Quantitative Analysis of the Full Bitco...

reddit.com 19 Oct '12, 12pm

The Bitcoin scheme is a rare example of a large scale global payment system in which all the transactions are publicly acc...

Peer review of "Quantitative Analysis of the Fu...

news.ycombinator.com 18 Oct '12, 10pm

Adi Shamir claims to have understanding of Bitcoin network, yet downloads and parses HTML files instead of a raw structure...

Analysis of How Bitcoin Is Actually Used

schneier.com 18 Oct '12, 11am

. The Bitcoin scheme is a rare example of a large scale global payment system in which all the transactions are publicly a...

Analysis of How Bitcoin Is Actually Used: [ "Qu...

schneier.com 18 Oct '12, 12pm

Findings so far suggest that networks of networks pose risks of catastrophic danger that can exceed the risks in isolated ...

Bet: The Mt.Gox bitcoin closing price will be g...

betsofbitco.in 19 Oct '12, 1am

The Mt.Gox bitcoin closing price will be greater than 11.93 USD on Oct 20, 2012 The Mt.Gox bitcoin closing price will be g...

How To Get BitCoin

networkedblogs.com 01 Nov '12, 1am

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The Putney Debates, recalled by @CabbieBlog:

The Putney Debates, recalled by @CabbieBlog:

cabbieblog.com 26 Oct '12, 8pm

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On the fact that Bitcoin has a Kill Switch; and...

loper-os.org 18 Oct '12, 4am

“We use the fact that all the transactions ever carried out in the Bitcoin system are available on the internet (in an ano...

How To Create A Sustainable #Bitcoin Bank by Fr...

businessinsider.com 23 Oct '12, 12am

The result is a super simple business model. My Bitcoin Bank would charge a very low monthly fee per Bitcoin deposited and...

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domaintools.com 19 Oct '12, 10am

free web hosting, free host, free hosting, free php hosting, free templates, free website templates, free layouts, photosh...

A Look At Lamborghini’s Green Strategy

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greencarreports.com 19 Oct '12, 3pm

By Viknesh Vijayenthiran Viknesh Vijayenthiran Editor BIO Vik is an Editor at High Gear Media and contributor for a number...