Seeing Bitcoin Beyond a Get Rich Scheme

Seeing Bitcoin Beyond a Get Rich Scheme

Written By Rapheal Eyerin

Bitcoin, the first successful decentralized digital currency (cryptocurrency) means different things to different people. Many perceive Bitcoin as a way to get rich quick, although some people have made a lot of money from Bitcoin others have also been caught up in the volatility of Bitcoin and end up getting frustrated.

Honestly, Satoshi Nakamoto the faceless Bitcoin creator never stated in Bitcoin’s whitepaper that creating wealth for people was one of the reasons he created bitcoin... Rapheal offers more insights on Bitcoin's essential use for human survival here: https://raphtyosaze.medium.com/seeing-bitcoin-beyond-a-get-rich-scheme-609194896d17

Una comparación útil de camisetas clásicas de fútbol comienza por el tipo de tejido y el corte propio de la época. Las fotografías y la ficha del producto deberían confirmar las diferencias de ajuste entre una camiseta retro y una actual.

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Quantum Computing and Bitcoin: Understanding the Risks, the Trade-offs, and the Path Forward

Quantum Computing and Bitcoin: Understanding the Risks, the Trade-offs, and the Path Forward

CriterionBitcoin's RequirementSignature size64 bytes (Schnorr, BIP-340)Verification speedFast enough for full node throughputSigning speedFast enough for payment channel state updatesSecurity assumptionWell-studied, conservative, quantum-resistantCryptanalytic maturityDecades of failed public attacksConstant-time implementationReliably achievable in practice CriterionML-DSA (FIPS 204)SLH-DSA (FIPS 205)Original AlgorithmCRYSTALS-DilithiumSPHINCS+Hardness AssumptionModule Lattice (MLWE/MSIS)Hash

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