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Musings

The ‘problem’ with Altcoins

We’ve been spending some time lately looking through the Nakamoto Institute web site. You could perhaps say (unfairly?) it’s the spiritual home of the “Bitcoin Maxi”. It has a large amount of excellent references hosted that relate to the goals and design decisions that fed into Bitcoin. For example publications by Ludwig Von Mises on…

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Cardano Community

A reflection on progress

On Ada Lovelace’s birthday Charles reflects on Cardano progress over the last 5 years, and shares goals as we go into 2021.

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Cardano Community

Staking lifecycle

A generic version of the staking life cycle infographic as an SVG format vector file that you can modify and use. If you improve please share back with the community.

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Interesting links

Bitcoin Power Consumption

Some really nice work on the energy consumption of Bitcoin from the Cambridge Centre for Alternative Finance at Cambridge University. The current estimate is 10GW, with a lower bound of 3.94GW, and upper bound of 16.78GW. That’s 5 orders of magnitude higher than Cardano. If we assume approximately 50W per pool (reasonable for an efficient modern…

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Musings

Innovation and Governance

Economist Robin Hanson writes on his blog Overcoming Bias about the impact of the Overton Window and the art of the possible in politics. The Overton window is defined as the spectrum of ideas on public policy and social issues considered acceptable by the general public at a given time. He starts: The main thing that…