04 Apr 2022
I use basic arithmetic to derive limitations of the Lightning Network. Because the analysis is so basic, I hope it will [1] stand the test of time, and [2] be easier for everyone to understand.
15 Oct 2021
BTC transaction fees are low today. They will probably stay low, forever. By themselves, they will not be enough to fund hashrate security (as Satoshi intended). Fortunately, merged mining (another Satoshi invention) will ride to the rescue.