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Smart contract-based pyramid scheme on bitcoin
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others...
A rational argument around nodes
The only purpose of running a 'node' that doesn't create blocks is to monitor and receive transactions quickly and validate...
Marrying Bitcoin and RSS
Bitcoin as digital cash is a natural fit with RSS. However, due to its lack of adoption and misunderstanding of...
Private key puzzles
sCrypt introduces a new type of Bitcoin smart contract called private key puzzles, which can only be solved by providing...
Crowdfunding on Bitcoin
Compared to Kickstarter, sCrypt’s approach is automatically enforced by Bitcoin, does not entrust funds to a trusted third party, and...
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...
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