As blockchain technology becomes increasingly relied upon, it becomes critical that the law extends its well-established protections to this new context.
Without any means to recover billions of dollars worth of assets that can be lost or stolen in an instant, Bitcoin can kiss goodbye any serious prospect of institutional investors or large corporate buy-ins.
Bitcoin was something new, something not just invented, but “released”: the software was designed to build on itself, to keep itself honest, to grow up.
Much misinformation has floated around the internet in the wake of Dr. Craig S. Wright's letters before action to Bitcoin (and its related forks) protocol developers.
The explosion of data sped up the transformation into a connected world as more information was available for collection and analysis than ever before, Jacob Rozen writes.
Innovation is thriving in Bitcoin SV but Charles Miller predicts that its successes will be by adding to the world we know, rather than by destroying it.
Bitcoin stakeholders need to acknowledge the fact that the technology faces a grim future without serious changes to the status quo.
The Bitcoin community in particular has fetishized the concept open-source to the extent that it has become nearly inseparable from the promise of Bitcoin and blockchain technology generally.
Bitcoin is indeed resistant to censorship, but it is also deliberately flexible under stress, and designed as a tool to enforce the truth—even when extremely unpopular, Kurt Wuckert Jr. writes.
Dr. Craig Wright now finds himself as the perfect plaintiff to demonstrate the points he has been making for years: that there is nothing about blockchain, Bitcoin or any other digital asset which takes them outside the scope of the law.
The Alert Key would allow an instant notification to be broadcast to every processor on each network, ordering them to freeze certain UTXOs or transactions.