Blind Merged Mining

30 Jan 2017

The final piece of the sidechains puzzle: O(1) sidechain validation for miners.

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Mining - Threat Model and Equilibrium Analysis

29 Jan 2017

In our future world of Payment Channels, there is really no way that even a 100% pool can attack users. We will always need to be ready to change Bitcoin’s PoW algorithm.

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The Mirage of Miner Centralization

28 Jan 2017

Miner Centralization is hard to define. I present three unsatisfactory definitions, and discover a satisfying fourth (“the cost of the minimal viable mining operation”) along the way. Mostly it is just confusing.

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