by Eric Hughes Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world. If twoContinue reading “A Cypherpunk’s Manifesto”
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How is Bitcoin Created? (A High-level Overview)
Bitcoins, as you may already know, are not made by central banks. And as you may have already heard, they are ”mined” by Bitcoin ”miners.” Bitcoin miners are people who use powerful computer equipment to verify bitcoin transactions. Each time they successfully verify 1MB (megabyte) worth of transactions, also known as a ”block,” they becomeContinue reading “How is Bitcoin Created? (A High-level Overview)”
Bitcoin Hodler 