As I recall, a UTXO doesn’t actually exist anywhere. It’s a tallying up of transactions that gets recorded in a database, but that doesn’t mean it exists in that database. That was the genius of Satoshi, an alternative to the account model.…...

OMG this book is so good! This is the philosophical counterpart to Jason Lowery's Softwar. The basic idea put forth by Niklas Luhmann is that trust is required to reduce complexity and power is required to maintain the trust structure. Nothing to do with morals at all and...

"Trust always involves an extrapolation from the information available on the object of trust" ~ Niklas Luhmann, Trust and Power…...

More and more I feel like traditional social media is like an open-air prison where the drones continually drop in contraband and the rules keeping changing based on the most recent drop and the mood that the warden is in.…...