In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio waves on the lightning network.
Rodolfo Novak, the co-founder of the startup CoinKite sent out a Bitcoin transaction to Bloomberg columnist Elaine Ou from Toronto Canada to San Francisco, California. The current feat is quite remarkable given how dependent our current system of banking is on the internet. So, under the circumstances of an Internet shut down, you can still send or receive Bitcoin using the radio waves
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on.
โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, 2008.
Satoshiโs email notifying other CypherPunks about the release of the Bitcoin white paper. Source: Satoshi Nakamoto Institute
The white paper was proposing a decentralized system that could facilitate peer-to-peer transactions, which could solve the โdouble spendingโ problem often associated with digital currency.
This was achieved via a network of nodes to validate and record transactions through a proof-of-work consensus mechanism, launching just two months later on Jan. 3, 2009.
How Bitcoin was brought to life
Satoshiโs computer science breakthrough came on the back of other impressive developments in the cryptography and e-money spaces.
The first reference cited in the Bitcoin white paper is Wei Daiโs invention of B-money, an electronic peer-to-peer cash system that never launched but nonetheless played a key role in Satoshiโs plans for Bitcoin.
Like Bitcoin, B-money proposed that participants in the system maintain a database of account balances, which keep track of the ownership of money.
Transactions would be initiated and completed by a broadcast message to all participants, which would update the account balances of those involved in a specific transaction.
In many ways, it could be seen as a precursor to the nodes of Bitcoinโs protocol, which keep a record of the constantly growing blockchain.
This process requires proof-of-work, a form of cryptographic proof in which one party proves to others that a certain amount of a specific computational effort has been expended.
Satoshi implemented this into Bitcoin, citing Adam Backโs invention of Hashcash in 1997, which incorporated proof-of-work to limit email spam and denial-of-service attacks.
The Cypherpunks and Fathers of Bitcoin
โข Hal Finney: Reusable PoW โข Adam Back: Hashcash โข Wei Dai: B-money โข David Chaum: DigiCash โข Nick Szabo: BitGold โข Phil Zimmermann: PGP โข Bram Cohen: BitTorrent โข Tim May: Crypto Anarchist Manifesto
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
My inspiration for this page was given to me by my new aquired friend Andrew and to whom I dedicate this page…
Wish you… as well as to all my readers, to find a sparkle of wisdom in these quotes, that shall illuminate your path/s….
๐ & ๐งก
Always in my heart and thoughts, to my dearest copacel Emily, my sweet bumblebee, may you always seak greatness and never ask for permission and always be guided by the light of papi’s simple way of life called by giants upon shoulders we walk upon, simply …
“Sapere Aude”
ORIGIN OF MEDIOCRITY
First recorded in 1400โ50; late Middle English mediocrite, from Middle French mediocrite, from Latin mediocritฤt-, stem of mediocritฤs โmiddle state, moderationโ; equivalent to mediocre + -ity.
Mediocrity
Definitions from The American Heritageยฎ Dictionary of the English Language, 5th Edition.
noun The state or quality of being mediocre.
noun Mediocre ability, achievement, or performance.
noun One that displays mediocre qualities.
from The Century Dictionary.
noun The character or state of being mediocre; a middle state or degree; a moderate degree or rate; specifically, a moderate degree of mental ability.
noun Moderation; temperance.
noun A mediocre person; one of moderate capacity or ability; hence, a person of little note or repute; one who is little more than a nobody.
noun Synonyms Medium, Average, etc. See mean, n.
from the GNU version of the Collaborative International Dictionary of English.
noun The quality of being mediocre; a middle state or degree; a moderate degree or rate.
noun obsolete Moderation; temperance.
noun A mediocre person; — used disparagingly.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
noun The quality of being intermediate between two extremes; a mean.
noun obsolete A middle course of action; moderation, balance.
noun uncountable The condition of being mediocre; having only an average degree of quality, skills etc.; no better than standard.
noun An individual with mediocre abilities or achievements.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
noun ordinariness as a consequence of being average and not outstanding
noun a person of second-rate ability or value
โPeople who are unable to motivate themselves must be content with mediocrity, no matter how great their other talents.โ
Andrew Carnegie
โMediocrity knows nothing higher than itself; but talent instantly recognizes genius.โ
Arthur Conan Doyle, “The Valley of Fear”
โIdleness is fatal only to the mediocre.โ
Albert Camus
โIn the republic of mediocrity, genius is dangerous.โ
Robert G. Ingersoll
โLife without madness is mediocrity.โ
Nelou Keramati
โPeople don’t want to think.
And the deeper they get into trouble, the less they want to think.
But by some sort of instinct, they feel that they ought to and it makes them feel guilty.
So they’ll bless and follow anyone who gives them a justification for not thinking.
Anyone who makes a virtue – a highly intellectual virtue – out of what they know to be their sin, their weakness and their guilt…
They envy achievement, and their dream of greatness is a world where all men have become their acknowledged inferiors.
They don’t know that that dream is the infallible proof of mediocrity, because that sort of world is what the man of achievement would not be able to bearโ
Ayn Rand, “Atlas Shrugged”
โThe highest level than can be reached by a mediocre but experienced mind is a talent for uncovering the weaknesses of those greater than itself.โ
Georg Christoph Lichtenberg
โGet off the treadmill of consumption, replication, and mediocrity.
Begin lifting the weights of creativity, originality, and success.โ
Ryan Lilly
โThe statistics all point towards the same conclusion: we have a global outbreak of fuckarounditis.โ
Martin Berkhan “The Leangains Method: The Art of Getting Ripped. Researched, Practiced, Perfected.”
โNietzsche talked about โgood and badโ in the context of nobility.
The nobles regarded the exceptional as good and the mediocre as bad.
When the โgood and badโ of the nobility was replaced by the โgood and evilโ of the mob, exceptionalism was declared evil, and mediocrity was sanctified.
The holy mediocrities are now everywhere.
The kingdom of mediocrity is absolute โฆ
absolute shit!โ
David Sinclair “The Wolf Tamers: How They Made the Strong Weak”
โThereโs nothing brave in pushing myself to the edge of my comfort zone.
Bravery is about refusing to be in any kind of comfort zone in the first place.โ
Craig D. Lounsbrough
โWhenever a book or poem is making a great commotion, you should remember that whoever writes for fools always finds a large audience.โ
Arthur Schopenhauer “Religion: a Dialogue”
โMediocre people promote mediocrity.
Dont hire mediocre people.
Instead, hire people who strive for greatness and they’ll spread that greatness throughout the company.โ
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
โMediocrity is never a desirable destination….
At least, not when practice might transform mediocrity to competence, or even skill.’
Napoleon Bonapartโ
Allison Pataki “The Queen’s Fortune”
โWhen leaders tolerate mediocrity, itโs a cancer that spreads like wildfire.โ
Frank Sonnenberg “Listen to Your Conscience: That’s Why You Have One”
โThe death of quality foreshadows the death of humanity.
What is the point of humanity if it does not produce the highest quality and excellence?
A humanity that is not ascending is descending.
As it is, the crushing weight of averageness and mediocrity presses down on everything and makes all high things flat, drab and dull.
All the tall poppies have to die.
The only tall poppies the mediocre like are those associated with wealth, beauty and fame.
They despise the intelligent, the artistic and the technical.โ
Joe Dixon “The Irresistible Rise of Mediocre Man: The War On Excellence”
โWe can choose to believe in ourselves, and thus to strive, to risk, to persevere, and to achieve.
Or we can choose to cling to security and mediocrity.
We can choose to set no limits on ourselves, to set high goals and dream big dreams.
We can use those dreams to fuel our spirits with passion.โ
Bob Rotella “How Champions Think: In Sports and in Life”
โThe greatest enemy of enlightenment is โcommon senseโ.
In day-today life, common sense โworksโ, which is why ordinary people revere it.
Most managers in the workplace are good at common sense i.e. knowing how to play the system, to obey the rules, to pander to higher managers, to avoid radical ideas, to highlight their modest successes and blame others for their failures, and to stick firmly within the domain of the conventional, acceptable and uncontroversial.
Unfortunately, theyโre hopeless at everything else.
All geniuses, on the other hand, can โseeโ far beyond the realm of common sense.
They use imagination, intuition and visionary ideas as their guides, not the trivialities of common sense.
What would you rather be โ a middle manager with a comfortable common sense life, or a genius who has unlocked the door to the mysteries of existence?
Tragically for humanity, most people aspire to be middle managers.
Thatโs the extent of their ambition, thatโs as far as their horizons stretch.
These are the sort of people that Nietzsche scornfully branded as โLast Men.โ
Adam Weishaupt “The Illuminati’s Six Dimensional Universe”
โNothing is good but mediocrity.
The majority has settled that, and finds fault with him who escapes it at whichever end.โ
Blaise Pascal “Pensรฉes”
โI no longer follow the voices of the sane.
I follow the ill because they see farther, feel much more and change what the sane will not.
This is the paradox of philosophers—trying to understand mass delusion among great people that have faith and knowledge, yet they canโt graduate from their institutions of religious theology to apply the knowledge they have gained for the shifting of Zion—- from words to action;
from comfort to uncomfortable;
from self serving to self giving;
from competition to supporting;
to tradition to unity;
from bias to acceptance;
from me to us.โ
Shannon L. Alder
โMediocrity is always in a rush; but whatever is worth doing at all is worth doing with consideration.
For genius is nothing more nor less than doing well what anyone can do badly.โ
Amelia E. Barr
โAcceptable hypocrisy is often called politeness.โ
Shannon L. Alder
โYou will always feel insignificant if you never do anything to change the world or another person’s life, other than your own.โ
Shannon L. Alder
โCaution is the path to mediocrity.
Gliding, passionless mediocrity is all that most people think they can achieve.โ
Frank Herbert “God Emperor of Dune”
โI’m going to rub your faces in things you try to avoid.
I don’t find it strange that all you want to believe is only that which comforts you.
How else do humans invent the traps which betray us into mediocrity?
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
“The journey of a thousand miles begins with a single step.”
Lao Tzu
The First step …๐ค๐๐ค Brings me back on the memory lane… In the ancient times of 2011, when I read for the first time about this BitCorn thing…
Then, I read the WhitePaper… As much or little as I understood at the time, I had a strange Sehnsucht about it and went down the proverbial rabbit hole…
Only to discover with amazement and dismay… It’s the Moria’s Mines down here…
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
Plant the Seed. Make the tree grow! You'll never enjoy it's shadow! But you joice knowing the next generations to come, Will thrive under it's Legacy...
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
P2P crypto exchanges simply remove the middlemen, the core strength of Bitcoinโs design. Allowing users to buy/sell directly with each other without any trusted third-party to help carrying out transactions.
It is this ๐ค miners strong believe and best practice that privacy and security matter, then P2P exchanges will likely be a better option than the regular exchanges for handling your cryptocurrency!
Peer-to-peer bitcoin exchanges offer anonymous ways to buy and sell Bitcoin with a wide range of payment methods.
Itโs no surprise that the P2P marketplaces have grown considerably in recent years.
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
Nathan is a tech entrepreneur turned pleb-at-large. He brought the core team together to accelerate app development. Having built, sold, invested in and advised tech businesses over the years he is now focused on bitcoin, building BTCMap.org, gamertron.net and delivering bitcoin education for kids.
Igor is a long time bitcoiner, mapper, and digital nomad living abroad. He created BTC Map as an Android application and the project has since gained worldwide momentum from there. He now also maintains all of the backend infrastructure for the project.
A self-taught Web Developer, secondl1ght dove head first down the bitcoin rabbit hole and left his fiat career to focus on bitcoin development full-time. He created and maintains the BTC Map web application and works on lightning network tools at Amboss Technologies.
Karnage is the lead designer on the web app and created the BTC Map brand. He has contributed to many high profile bitcoin open source projects. His mission is to help startup founders succeed and creates products to achieve this goal. Pixel-perfect product design every time. Get it shipped.
All credit and Kudos goes to :
https://btcmap.org/
We’re on a mission to help Bitcoiners easily find places to spend sats.
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio waves on the lightning network. Rodolfo Novak, the co-founder of the startup CoinKite sent out a Bitcoin transaction to Bloomberg columnist Elaine … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to all my readers, to find a sparkle of wisdom in these quotes, that shall illuminate your path/s…. Always in my heart and … Continue reading Discipline Quotes→
To all my readers from the bottom of my heart I wish you Happy Holiday among family and friends, a jolly Merry Christmas and a Happy New Year and may 2024 bring you all what you strive and work for so hard! Yours truly, Free Spirit with Joy & Love
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, 2008. The white paper was proposing a decentralized system that could facilitate peer-to-peer transactions, which could solve the โdouble spendingโ problem often … Continue reading Bitcoin White Paper turn 15→
“If we knew what it was we were doing, it would not be called research, would it?”
Albert Einstein
“The element of chance in basic research is overrated.
Chance is a lady who smiles only upon those few who know how to make her smile.”
Hans Selye
“Oersted would never have made his great discovery of the action of galvanic currents on magnets had he stopped in his researches to consider in what manner they could possibly be turned to practical account; and so we would not now be able to boast of the wonders done by the electric telegraphs.
Indeed, no great law in Natural Philosophy has ever been discovered for its practical implications, but the instances are innumerable of investigations apparently quite useless in this narrow sense of the word which have led to the most valuable results.”
Lord Kelvin
“The way to do research is to attack the facts at the point of greatest astonishment.”
Celia Green
“The library is not, as some would have it, a place for the retiring of disposition or faint of heart.
It is not an ivory tower or a quiet room in a sanitarium facing away from the afternoon sun.
It is, rather, a command center, a power base.
A board room, a war room.
An Oval Office for all who preside over their own destinies.
One does not retreat from the world here; one prepares to join it at an advantage.”
Eric Burns, “The Joy of Books”
“I think that the thing I most want you to remember is that research is a ceremony.
And so is life.
Everything that we do shares in the ongoing creation of our universe.”
Shawn Wilson
“Like most arts, the link between the mind and the pen can chain you like an enslaved workaholic.
Even on an intended vacation you suddenly have this killer urge to record whatever the vacation may teach.”
Criss Jami, “Healology”
“What we find changes who we become.”
Peter Morville
The time will come when diligent research over long periods will bring to light things which now lie hidden.
A single lifetime, even though entirely devoted to the sky, would not be enough for the investigation of so vast a subject…
And so this knowledge will be unfolded only through long successive ages.
There will come a time when our descendants will be amazed that we did not know things that are so plain to them…
Many discoveries are reserved for ages still to come, when memory of us will have been effaced.”
Seneca, “Natural Questions”
Nothing can illustrate these observations more forcibly, than a recollection of the happy conjuncture of times and circumstances, under which our Republic assumed its rank among the Nations;
The foundation of our Empire was not laid in the gloomy age of Ignorance and Superstition, but at an Epoch when the rights of mankind were better understood and more clearly defined, than at any former period, the researches of the human mind, after social happiness, have been carried to a great extent, the Treasures of knowledge, acquired by the labours of Philosophers, Sages and Legislatures, through a long succession of years, are laid open for our use, and their collected wisdom may be happily applied in the Establishment of our forms of Government; the free cultivation of Letters, the unbounded extension of Commerce, the progressive refinement of Manners, the growing liberality of sentiment… have had a meliorating influence on mankind and increased the blessings of Society.
At this auspicious period, the United States came into existence as a Nation, and if their Citizens should not be completely free and happy, the fault will be entirely their own.
[Circular to the States, 8 June 1783 – Writings 26:484–89] George Washington, “Writings”
“The effort to understand the universe is one of the very few things that lifts human life a little above the level of farce, and gives it some of the grace of tragedy.”
Steven Weinberg
“Do research.
Feed your talent.
Research not only wins the war on cliche, it’s the key to victory over fear and it’s cousin, depression.”
Robert McKee
“Science is simply common sense at its best, that is, rigidly accurate in observation, and merciless to fallacy in logic.”
Thomas Huxley
“Cutting off fundamental, curiosity-driven science is like eating the seed corn.
We may have a little more to eat next winter but what will we plant so we and our children will have enough to get through the winters to come?”
Carl Sagan, “The Demon-Haunted World: Science as a Candle in the Dark”
“Science is simply common sense at its best, that is, rigidly accurate in observation, and merciless to fallacy in logic.”
Thomas Huxley
“The measure of greatness in a scientific idea is the extent to which it stimulates thought and opens up new lines of research.”
Paul Dirac
“An expert is one who knows more and more about less and less until he knows absolutely everything about nothing.”
Nicholas Butler
“Whoโs to say what a โliterary lifeโ is?
As long as you are writing often, and writing well, you donโt need to be hanging-out in libraries all the time.
Nightclubs are great literary research centers.
So is Ibiza!”
Roman Payne, “Cities & Countries”
Introspection is a form of self-management.
You reflect.
You decide.
You change.
You allow yourself to grow.”
Raoul Davis Jr., “Firestarters: How Innovators, Instigators, and Initiators Can Inspire You to Ignite Your Own Life”
“Shall we educate ourselves in what is known, and then casting away all we have acquired, turn to ignorance for aid to guide us among the unknown?”
Michael Faraday
“People who “go by the book“, need to research who wrote it.:
Carlos Wallace
“A good researcher is the one who reduces the distance between Imagination and Reality.”
P.S. Jagadeesh Kumar
“Part of research is testing the final product.”
Steven Magee
“Research is about making many connections that lead to discovery.”
Steven Magee
“RESEARCH IS NOT ABOUT WHAT YOU CAN PROVE, RESEARCH IS ALL ABOUT WHAT OTHERS FAILED TO PROVE, THE LAW OF RESEARCH.”
P.S. Jagadeesh Kumar
“Research always has a price.”
Silvia Moreno-Garcia
“Every seeker of truth is a progressive person.”
Aniekee Tochukwu Ezekiel
“In academia, the model that we are taught; that we are told in most fields – not the arts, and not the experimental sciences either – but many, many fields, [the model] is:
– You have an idea,
– You accumulate everything that anyone has ever written about that idea,
– You become familiar with what everyone has already said about it,
– And from there, you cobble together the pieces: the evidence either for or against your [idea], or you just review what they’ve done and you create something that’s a little bit new.
Over in science space I call this “Brick in the Wall Science”.
It’s valuable that some people are doing Brick in the Wall Science but you will always have the same foundation of the house that you started with with Brick in the Wall Science, and it’s possible the foundation of the house you started with is not the foundation that you want or that is true. […]
[With Brick in the Wall Science] you can’t have revolutionary ideas.
You can’t have paradigm shifts.”
“Research is formalized curiosity.
It is poking and prying with a purpose.”
Zora Neale Hurston
Research must continue to be the centerpiece of intellectual life, and our commitment to research must grow, because our problems are growing.
Ernest L. Boyer
“Somewhere, something incredible is waiting to be known.”
Carl Sagan
The time will come when diligent research over long periods will bring to light things which now lie hidden. A single lifetime, even though entirely devoted to the sky, would not be enough for the investigation of so vast a subject… And so this knowledge will be unfolded only through long successive ages. There will come a time when our descendants will be amazed that we did not know things that are so plain to them… Many discoveries are reserved for ages still to come, when memory of us will have been effaced.
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
Let’s make a journey back in time to see where blockchain technology and cryptocurrencies came from. It will take us back to the CypherPunk Movement starting in the 1970’s.
Cryptography for the People
Encryption was primarily used for military purposes before the 1970s. People at that time were living in an analog world. Few had computers and even fewer could imagine a technology that would connect almost every human being on the planet – the internet.
Two publications brought cryptography into the open, namely the โData Encryption Standardโ published by the US Government, and a paper called โNew Directions in Cryptographyโ by Dr. Whitfield Diffie and Dr. Martin Hellman, published in 1976.
Dr. David Chaum started writing on topics such as anonymous digital cash and pseudonymous reputation systems in the 1980s, such as the ones described in โSecurity without Identification: Transaction Systems to make Big Brother Obsoleteโ. This was the first step toward the digital currencies we see today.
The Cypherpunks
We walk on shoulders of Giants! Hughes, May, Back, Finney, Gilmore, Szabo
It wasnโt until 1992 that a group of cryptographers in the San Francisco Bay area started meeting up on a regular basis to discuss their work and related ideas. They built a basis for years of cryptographic research to come.
Besides their regular meetings, they also started the Cypherpunk mailing list in which they discussed many ideas including those which led to the birth of Bitcoin.
In late 1992 Eric Hughes, one of the first cypherpunks, wrote โA Cypherpunkโs Manifestoโ laying out the ideals and vision of the movement.
Note: We encourage you to read A Cypherpunkโs Manifesto. The Manifesto is just as relevant today as it was in 1992. This short read takes only a few minutes of your time. Itโs astonishing to see how much foresight the early members had when most people didnโt even think about computers yet.
A Cypherpunksโs Manifesto
An excerpt from the Manifesto:
โPrivacy is necessary for an open society in the electronic age.
Privacy is not secrecy.
A private matter is something one doesnโt want the whole world to know, but a secret matter is something one doesnโt want anybody to know.
Privacy is the power to selectively reveal oneself to the world.โ
โPrivacy in an open society also requires cryptography.
If I say something, I want it heard only by those for whom I intend it.
If the content of my speech is available to the world, I have no privacy.
To encrypt is to indicate the desire for privacy, and to encrypt with weak cryptography is to indicate not too much desire for privacy.โ
โWe must defend our own privacy if we expect to have any.
We must come together and create systems which allow anonymous transactions to take place.
People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers.
The technologies of the past did not allow for strong privacy, but electronic technologies do.โ
โWe the Cypherpunks are dedicated to building anonymous systems.
We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital signatures, and with electronic money.โ
Electronic Cash
Although you might have just heard about this movement for the first time, you have most definitely benefitted from the efforts of some of their members in building Tor, BitTorrent, SSL, and PGP encryption. It should not surprise you that many concepts and ideas that originated from this group led to the emergence of cryptocurrencies.
In 1997, Dr. Adam Back created HashCash, which he proposed as a measure against spam. A little later, in 1998, Wei Dai published his idea for b-money and conceived the ideas of Proof-of-Work and Proof-of-Stake to achieve consensus across a distributed network. In 2005 Nick Szabo published a proposal for Bit Gold. There was no cap on the maximum supply but he introduced the idea to value each unit of Bit Gold by the amount of computational work that went into producing it. Although this is not how cryptocurrencies are valued, the price of production (comprised of hardware and electricity cost) plays a role in the pricing of these digital assets.
In 2008, Satoshi Nakamoto released the Bitcoin white paper, citing and building upon HashCash and b-money. Citations from his early communications and parts of his white paper, such as the following on privacy, suggest Nakamoto was close to the cypherpunk movement.
โThe traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. The necessity to announce all transactions publicly precludes this method, but privacy can still be maintained by breaking the flow of information in another place: by keeping public keys anonymous. The public can see that someone is sending an amount to someone else, but without information linking the transaction to anyone. This is similar to the level of information released by stock exchanges, where the time and size of individual trades, the โtapeโ, is made public, but without telling who the parties were.โ
Technology did not enable strong privacy prior to the 20th century, but neither did it enable affordable mass surveillance. We believe in the human right to privacy and work towards enabling anyone who wishes to claim his or her privacy to do so. We see a cryptocurrency with selective privacy as a good step in the right direction of reclaiming our privacy.
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
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Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
The first ever bitcoin transaction from one person to another, on 2009-01-12 at 04:30 used Pay-to-Public-Key(P2PK), when Satoshi Nakamoto sent coins to Hal Finney in Block 170.
P2PK is no longer used because it is a more expensive, less private, and less secure way of receiving bitcoin than other methods.
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
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Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
The Art of War (Chinese: ๅญซๅญๅ ตๆณ; lit. ‘Sun Tzu’s Military Method’, pinyin: Sลซnzi bฤซngfว) is an ancient Chinese military treatise dating from the Late Spring and Autumn Period (roughly 5th century BC).
The work, which is attributed to the ancient Chinese military strategist Sun Tzu (“Master Sun”), is composed of 13 chapters. Each one is devoted to a different set of skills or art related to warfare and how it applies to military strategy and tactics.
For almost 1,500 years it was the lead text in an anthology that was formalized as the Seven Military Classics by Emperor Shenzong of Song in 1080.
The Art of War remains the most influential strategy text in East Asian warfare and has influenced both East Asian and Western military theory and thinking and has found a variety of applications in a myriad of competitive non-military endeavors across the modern world including espionage, culture, politics, business, and sports.
When you start to read Sun Tzuโs words, you may realize that they have very real applications to modern life, especially if you are in a position of leadership or if you deal regularly with strategic questions.
These musings can be applied to practical problems you may be trying to solve, and they can also be good starting points for more theoretical reflection.
Topics that span from philosophy and wisdom to strategy and leadership, here are the most notable quotes from The Art of War.
Quotes on the Philosophy of War
โThe art of war is of vital importance to the State. It is a matter of life and death, a road either to safety or to ruin.โ
โAll warfare is based on deception.โ
โIt is only one who is thoroughly acquainted with the evils of war that can thoroughly understand the profitable way of carrying it on.โ
โThe skillful soldier does not raise a second levy, neither are his supply-wagons loaded more than twice.โ
โTo fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy’s resistance without fighting.โ
โHe will win who knows when to fight and when not to fight.โ
โIf you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer defeat. If you know neither the enemy nor yourself, you will succumb in every battle.โ
โWhat the ancients called a clever fighter is one who not only wins, but excels in winning with ease.โ
โMaking no mistakes is what establishes the certainty of victory, for it means conquering an enemy that is already defeated.โ
โWater shapes its course according to the nature of the ground over which it flows; the soldier works out his victory in relation to the foe whom he is facing.โ
โSuccess in warfare is gained by carefully accommodating ourselves to the enemy’s purpose.โ
โEnergy may be likened to the bending of a crossbow; decision, to the releasing of the trigger.โ
โAnger may in time change to gladness; vexation may be succeeded by content. But a kingdom that has once been destroyed can never come again into being; nor can the dead ever be brought back to life.โ
โIf your opponent is of choleric temper, seek to irritate him. Pretend to be weak, that he may grow arrogant.โ
โIn war, practice dissimulation, and you will succeed.โ
โIf the enemy leaves a door open, you must rush in.โ
โWe cannot enter into alliances until we are acquainted with the designs of our neighbors.โ
โThe experienced soldier, once in motion, is never bewildered; once he has broken camp, he is never at a loss.โ
โIf you know the enemy and know yourself, your victory will not stand in doubt.โ
Quotes on War and Leadership
It is clear throughout The Art of War that victory is explicitly related to the strength of an armyโs leader. Sun Tzuโs advice for generals and commanders applies to many kinds of leaders.
โThe general who wins a battle makes many calculations in his temple ere the battle is fought. The general who loses a battle makes but few calculations beforehand.โ
โThe general who is skilled in defense hides in the most secret recesses of the earth; he who is skilled in attack flashes forth from the topmost heights of heaven.โ
โThe consummate leader cultivates the moral law, and strictly adheres to method and discipline; thus it is in his power to control success.โ
โWhoever is first in the field and awaits the coming of the enemy, will be fresh for the fight; whoever is second in the field and has to hasten to battle will arrive exhausted.โ
โThe quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim.โ
โAll men can see the tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved.โ
โDo not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.โ
โHe who can modify his tactics in relation to his opponent and thereby succeed in winning, may be called a heaven-born captain.โ
โThe difficulty of tactical maneuvering consists in turning the devious into the direct, and misfortune into gain.โ
โManeuvering with an army is advantageous; with an undisciplined multitude, most dangerous.โ
โWe are not fit to lead an army on the march unless we are familiar with the face of the countryโits mountains and forests, its pitfalls and precipices, its marshes and swamps.โ
โMove not unless you see an advantage; use not your troops unless there is something to be gained; fight not unless the position is critical.โ
โNo ruler should put troops into the field merely to gratify his own spleen; no general should fight a battle simply out of pique.โ
โWhat enables the wise sovereign and the good general to strike and conquer, and achieve things beyond the reach of ordinary men, is foreknowledge.โ
โWhen the general is weak and without authority; when his orders are not clear and distinct; when there are no fixed duties assigned to officers and men, and the ranks are formed in a slovenly haphazard manner, the result is utter disorganization.โ
โIf fighting is sure to result in victory, then you must fight, even though the ruler forbid it; if fighting will not result in victory, then you must not fight even at the ruler’s bidding.โ
โRegard your soldiers as your children, and they will follow you into the deepest valleys; look upon them as your own beloved sons, and they will stand by you even unto death.โ
โThe general who advances without coveting fame and retreats without fearing disgrace, whose only thought is to protect his country and do good service for his sovereign, is the jewel of the kingdom.โ
โA leader leads by example not by force.โ
Quotes on War and Strategy
Sun Tzuโs strategic counsel can still be used in the 21st century. Whether you are creating a business strategy or devising steps to pursue a personal goal, these quotes from The Art of War may offer some valuable insights and guidance.
โHold out baits to entice the enemy. Feign disorder, and crush him.โ
โIf equally matched, we can offer battle; if slightly inferior in numbers, we can avoid the enemy; if quite unequal in every way, we can flee from him.โ
โThus it is that in war the victorious strategist only seeks battle after the victory has been won, whereas he who is destined to defeat first fights and afterwards looks for victory.โ
โThe control of a large force is the same principle as the control of a few men: it is merely a question of dividing up their numbers.โ
โThe clever combatant looks to the effect of combined energy, and does not require too much from individuals.โ
โYou can be sure of succeeding in your attacks if you only attack places which are undefended.โ
โO divine art of subtlety and secrecy! Through you we learn to be invisible, through you inaudible; and hence we can hold the enemy’s fate in our hands.โ
โNumerical weakness comes from having to prepare against possible attacks; numerical strength, from compelling our adversary to make these preparations against us.โ
โKnowing the place and the time of the coming battle, we may concentrate from the greatest distances in order to fight.โ
โIn making tactical dispositions, the highest pitch you can attain is to conceal them.โ
โCarefully compare the opposing army with your own, so that you may know where strength is superabundant and where it is deficient.โ
โTo take a long and circuitous route, after enticing the enemy out of the way, and though starting after him, to contrive to reach the goal before him, shows knowledge of the artifice of deviation.โ
โLet your rapidity be that of the wind, your compactness that of the forest.โ
โIn raiding and plundering be like fire, in immovability like a mountain.โ
โPlace your army in deadly peril, and it will survive; plunge it into desperate straits, and it will come off in safety.โ
โForestall your opponent by seizing what he holds dear, and subtly contrive to time his arrival on the ground.โ
โWalk in the path defined by rule, and accommodate yourself to the enemy until you can fight a decisive battle.โ
โAt first, then, exhibit the coyness of a maiden, until the enemy gives you an opening; afterwards emulate the rapidity of a running hare, and it will be too late for the enemy to oppose you.โ
โIf it is to your advantage, make a forward move; if not, stay where you are.โ
โIf you know the enemy and know yourself, your victory will not stand in doubt; if you know Heaven and know Earth, you may make your victory complete.โ
โLet your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt.โ
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich to live, in the back of our pocket…. but that’s a topic for another discussion…
A few day ago… I think it was days… maybe weeks… Time is an illusion Einstein was right! Anyway somewhere in the past I decided to make a little bit more wider my mark on this digital world we all drown into :))) and I started to build up a Library !
As I do believe and live by the motto…
“Sharing is caring!”
Here with delight and joy I present to You, Free Spirit’s Library named how else than…
*Note: It's a Never Ending work in progress, as I am one little โข that is bound to the same illusion of Time, as every other โข is ๐ :))
So I would suggest you make frequent visits on the Discord server, as I add books and much interesting food for the mind all the time !
Thank you for your time !!!
May knowledge enlighten your path and make you evolve and thrive, if not for us then for the generations to come, so they can walk and look behind them, and say...
"Hey look, we are walking on shoulders of giants..."
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→
In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio … Continue reading International payment using the radio waves→
My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page… Wish you… as well as to … Continue reading Discipline Quotes→
Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. โIโve been working on a new electronic cash system thatโs fully peer-to-peer, with no trusted third party,โ Satoshi Oct. 31, … Continue reading Bitcoin White Paper turn 15→