
Bitcoin White Paper Day: #15
As we observe this 15-year mark of the Bitcoin white paper, we must remain attuned to the need for continued innovation and vigilance against the forces of obfuscation and centralization in the space.
As we observe this 15-year mark of the Bitcoin white paper, we must remain attuned to the need for continued innovation and vigilance against the forces of obfuscation and centralization in the space.
The self-organization of entropy runs against entropy, as it implies that order can arise from disorder, while the latter claims that a particular system moves toward disorder or randomness.
Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.
Bitcoin creator Dr. Craig S. Wright has refuted several of the paper's claims, particularly the one hinting that any of the early participants could have "51% attacked" the network and double-spent coins.
According to data from Coin Dance, the BTC.TOP mining pool out of China recently grabbed 50.2% of the entire BCH blockchain.
Richard Gardner says despite all the rave over decentralization, some things are still best left with a certain level of centralized management for protection—especially at a time when regulation is right around the corner.