Issues » 51

Actually good news? It looks like Gox users might be able to redeem part of their stolen balances.
This book tells the story of Bitcoin so far. Probably worth a read.
Nathaniel Popper
Nothing really new here, still, this is a good, balanced summary of the case for Bitcoin as global reserver currency.
Two-Bit Idiot
The Bitcoin network is becoming large enough that even companies like Google can’t take it down with their current infrastructure.
Muneed Ali
This is very true.
Jon Southurst
Even though there are many theoretical weaknesses in Bitcoin’s consensus mechanism, none of these ever appear to have been exploited.
Arvind Narayanan
Joel Monegro
Economics, Markets and Infrastructure
Currently it takes only the top three block makers combined to surpass 50% of the network - for at least the past six months it has taken the top four pools to pass 50%. On a positive note, the private to public ratio seems to have been stable for the past few months.
Organ of Corti
A high price alone correlates with high centralisation.
A high hashrate alone correlates with lower centralisation.
A high hashrate at the same time as a high price has tended to average centralisation.
Organ of Corti
Organ of Corti
A flowchart to try and distinguish the various kinds of money flows.
Tim Swanson
Slush takes the lead.
Organ of Corti
Funny futuristic (yet true) story.
Gavin Andresen, Wladimir van der Laan and Cory Fields are leaving the Bitcoin Foundation for the Media Lab. This is good news.
Most or all of the missing bitcoins were stolen straight out of the MtGox hot wallet over time, beginning in late 2011. As a result, MtGox operated at fractional reserve for years (knowingly or not), and was practically depleted of bitcoins by 2013.
Legal and Regulations
Someone woke up!
Coinbase describes how a state can approach virtual currency regulations in a way that doesn’t stifle innovation.
Startups and Projects
Finally the Bitcoin killer app is here, what an improbable alliance!
To bring deratives to the Bitcoin industry.
Balaji Srinivasan
Code and Development
It will detect endianness errors for instance.
Ryan X.​ Charles
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