NFTs in games
There are two benefits to using non-fungible tokens in a game: First, it allows for more play-to-earn models, and second, it allows for potential persistence of virtual assets.
Articles By Jerry Chan:
Taro and Taproot—just empty carbs
A recently published article by an anonymous author is seemingly aimed to promote the new "scaling solution" proposal on the Lightning network BTC.
Attempts to scaling Ethereum in 3 different ways
In this article, Jerry Chan explores each of the three strategies in scaling Ethereum and why none will achieve the intended goal, as none addressed the lack of scalability of the layer 1 blockchain.
On the myth of proof of stake systems
Dr. Craig Wright recently published a blog post titled “Decentralization,” where he discussed the common misconceptions surrounding the topic and argued why proof of stake system tokens are just securities.
The economics of Bitcoin mining – distilled
The fundamental basis behind the revenue model in BTC is centered on its limitation of its block size capped at 1MB since 2010, resulting in the revenue generated from mining BTC coming from mining rewards or subsidy.
Hash power follows price
The profitability calculation that every miner must go through is complex, and one must think about their economic costs, access to liquidity, as well as access to insider knowledge.
Error 402 – payment required Part II
By employing IPv6 and integrating that with bitcoin addresses and transactions, we enable the securing of the Internet, and its vulnerabilities would no longer be a concern.
Error 402 – payment required
This little-known HTTP error code gives us a glimpse of what the internet may have been if bitcoin or some other form of electronic micropayment system was available a decade earlier.
Hey David Rosenthal: A response from one industry visionary to another…
Jerry Chan examines Nvidia employee and OpenBSD hacker David Rosenthal's article, which details a lecture he gave at Stanford University on digital currencies and the problem he saw with it.
Bitcoin mining—the race to zero? Or race to efficiency?
This week, Jerry Chan focuses on the economics of the block reward mining industry, explaining why it is one of the most misunderstood aspects of the Bitcoin economy.
The beginnings of the metaverse
Jerry Chan takes a look into creating a new breed of NFT that is composed of the two types of tokens we see today—half a collectible and the other half its digital provenance.
Anarchy is anti-society, they just don’t know it
Anarchy is the hatred against the monopoly of power, manifested in a ‘state’ or governmental body, which has the ability to enforce and manage the legal system.