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08-August
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8/1 2017 - Bitcoin Independence Day The official end of the Blocksize Wars. 2020 - Bitcoin core release 0.20.1
QR 2018 - Hass McCook - The Cost & Sustainability of Bitcoin https://bitcoinwords.github.io/cy18m8#the-cost--sustainability-of-bitcoin
QR 2019 - Stadicus - We need Bitcoin full nodes. Economic ones. https://bitcoinwords.github.io/cy19m8#we-need-bitcoin-full-nodes-economic-ones
8/2
QR 2019 - Parker Lewis - Bitcoin Can’t Be Copied https://archive.is/pSqtA
QR 2021 - Gigi - Implications of Outlawing Bitcoin https://archive.is/XEi39
8/3
QR 2020 - Dhruv Bansal - Bitcoin and NoSQL https://bitcoinwords.github.io/cy20m8#tweet-thread---bitcoin-and-nosql
8/4 2010 - "Bitcoin isn't currently practical for very small micropayments. Not for things like pay per search or per page view without an aggregating mechanism, not things needing to pay less than 0.01. The dust spam limit is a first try at intentionally trying to prevent overly small micropayments like that. Bitcoin is practical for smaller transactions than are practical with existing payment methods. Small enough to include what you might call the top of the micropayment range. But it doesn't claim to be practical for arbitrarily small micropayments."
QR 2015 - Paul Sztorc - Nothing is Cheaper than Proof of Work https://archive.is/cglNc
8/5 2010 - "Forgot to add the good part about micropayments. While I don't think Bitcoin is practical for smaller micropayments right now, it will eventually be as storage and bandwidth costs continue to fall. If Bitcoin catches on on a big scale, it may already be the case by that time. Another way they can become more practical is if I implement client-only mode and the number of network nodes consolidates into a smaller number of professional server farms. Whatever size micropayments you need will eventually be practical. I think in 5 or 10 years, the bandwidth and storage will seem trivial.""
2011 - A week after being hacked, a MyBitcoin spokesperson explains how the Bitcoin transaction processor lost over 150,000 Bitcoins, worth over US$2 million at the time."
QR 2019 - Investigating Bitcoin with Aaron Van Wirdum https://bitcoinaudible.com/?p=3150
8/6 2012 - Four Bitcoiners, one of them being Brian Cartmell, file a complaint against Bitcoinica in San Francisco (a former Bitcoin margin trading platform that got hacked and hasn't returned customers' funds) with accusations of breach of contract, negligence, and three more counts. (source, document: https://www.theverge.com/2012/8/10/3233711/second-bitcoin-lawsuit-is-filed-in-california)
QR 2020 - Nic Carter - Bitcoin's Patronage System Is an Unheralded Strength https://bitcoinwords.github.io/cy20m8#bitcoins-patronage-system-is-an-unheralded-strength
8/7 2010 - "It's the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.""
2010 - "Proof-of-work has the nice property that it can be relayed through untrusted middlemen. We don't have to worry about a chain of custody of communication. It doesn't matter who tells you a longest chain, the proof-of-work speaks for itself."""
QR 2018 - Nik Bhatia - The Bitcoin Second Layer https://bitcoinwords.github.io/cy18m8#the-bitcoin-secondlayer
QR 2019 - Gigi - Proof of Life Why Bitcoin is a Living Organism https://archive.is/V1aza
QR 2019 - CryptoDantes and Jameson Lopp on Privacy, Security, and Personal Sovereignty https://archive.is/PewXi
8/8 2017 - SegWit Lock-in Day Segregated Witness is officially locked in by the UASF client on the Bitcoin network.
QR 2018 - Nik Bhatia - https://bitcoinaudible.com/?p=877
QR 2019 - Joe Rodgers - Bitcoin Layers https://bitcoinwords.github.io/cy19m8#bitcoin-layers
QR 2021 - Jonathan Bier - The Blocksize War – Chapter 21 – Victory https://archive.is/VQ0Jh
8/9 2010 - "The heat from your computer is not wasted if you need to heat your home. If you're using electric heat where you live, then your computer's heat isn't a waste. It's equal cost if you generate the heat with your computer. If you have other cheaper heating than electric, then the waste is only the difference in cost. If it's summer and you're using A/C, then it's twice. \nBitcoin generation should end up where it's cheapest. Maybe that will be in cold climates where there's electric heat, where it would be essentially free."
2019 - Bitcoin Core release 0.18.1
QR 2019 - Parker Lewis - Bitcoin Is Not Too Volatile https://archive.is/6Wg0n
8/10
QR 2020 - Bill McDonald - A real talk-blocker https://bitcoinwords.github.io/cy20m8#a-real-talk-blocker
8/11 2010 - Then you must also be against the common system of payment up front, where the customer loses. Payment up front customer loses, and the thief gets the money. Simple escrow customer loses, but the thief doesn't get the money either. Are you guys saying payment up front is better, because at least the thief gets the money, so at least someone gets it? Imagine someone stole something from you. You can't get it back, but if you could, if it had a kill switch that could be remote triggered, would you do it? Would it be a good thing for thieves to know that everything you own has a kill switch and if they steal it, it'll be useless to them, although you still lose it too? If they give it back, you can re-activate it. Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again. It still seems to me the problem may be one of presenting it the right way. For one thing, not being so blunt about "money burning" for the purposes of game theory discussion. The money is never truly burned. You have the option to release it at any time forever."
QR 2018 - Nic Carter - Media Coverage of Bitcoin is Still a Total Disaster https://bitcoinwords.github.io/cy18m8#media-coverage-of-bitcoin-is-still-a-total-disaster
QR 2019 - The Bitcoin Observer - Projection and Throwness https://bitcoinwords.github.io/cy19m8#projection-and-throwness
8/12
8/13
8/14
QR 2020 - Thibaud Marechal - Is Bitcoin the world's safest reserve asset? https://bitcoinwords.github.io/cy20m8#is-bitcoin-the-worlds-safest-reserve-asset
8/15 2008 - Neal Kin, Vladimir Oksman, and Charles Bry file an application for an encryption patent application. All three individuals deny a connection to Satoshi Nakamoto, the alleged originator of the Bitcoin concept.
2010 - Only major vulnerability (inflation bug) fixed - bug in the bitcoin code allows a bad transaction into block 74638. Users quickly adopt fixed code and the ""good"" block chain overtook the bad one at a block height of 74691, 53 blocks later
2010 - "Some places where generation will gravitate to: 1) places where it's cheapest or free 2) people who want to help for idealogical reasons 3) people who want to get some coins without the inconvenience of doing a transaction to buy them. There are legitimate places where it's free. Generation is basically free anywhere that has electric heat, since your computer's heat is offsetting your baseboard electric heating. Many small flats have electric heat out of convenience."
QR 2018 - Hugo Nguyen - Bitcoin, Stock & Flow https://bitcoinwords.github.io/cy18m8#bitcoin-stock--flow
8/16 1992 - A proof-of-work system for email spam is presented at the 12th Annual International Cryptology Conference (CRYPTO'92) at the campus of University of California. The main idea is to require a user to compute a moderately hard, but not intractable, function in order to gain access to the resource, thus preventing frivolous use.
2010 - "There is no way for the software to automatically know if one chain is better than another except by the greatest proof-of-work. In the design it was necessary for it to switch to a longer chain no matter how far back it has to go.""
QR 2019 - Parker Lewis - Bitcoin does not waste energy https://web.archive.org/web/20210402204932/https://unchained-capital.com/blog/bitcoin-does-not-waste-energy/
8/17
QR 2018 - Gigi - The Magic Dust of Cryptography https://archive.is/0NgKE
QR 2019 - Nick Szabo - Shallow Safety vs. Deep Safety https://bitcoinwords.github.io/cy19m8#tweetstorm-shallow-safety-vs-deep-safety
QR 2020 - Mick Morucci - Balinese Cockfights & Bitcoins: How one can help us understand the other https://bitcoinwords.github.io/cy20m8#balinese-cockfights--bitcoins-how-one-can-help-us-understand-the-other
8/18 2008 - Bitcoin.org is born! The domain was registered at anonymousspeech.com, a site that allows users to anonymously register domain names and currently accepts Bitcoins.
2011 - Forum user BCCAP - Paul from www.btccapus.com accounces that he facilitated the purchase and sale of a single family home in Alameda County the value of which was in excess of BTC 45,000
2017 - "This is lies, my trust in you is broken, I will make you obsolete"" Nicolas Dorier pledges to make Bitpay obsolete"
QR 2020 - Murch - 2-of-3 inputs using Pay-to-Taproot https://bitcoinwords.github.io/cy20m10#2-of-3-inputs-using-pay-to-taproot
8/19 1990 - Stuart Haber and W. Scott Stornetta send in the paper "How To Time-Stamp a Digital Document" to the Journal of Cryptology (published in 1991) where they propose computationally practical procedures for digital time-stamping of such documents so that it is infeasible for a user either to back-date or to forward-date his document, even with the collusion of a time-stamping service.
QR 1993 - Hal Finney - Digital Cash & Privacy https://archive.is/c1mbK
QR 2018 - Qiao Wang & Dan McArdle - The Store of Value Thesis https://bitcoinwords.github.io/cy18m8#the-store-of-value-thesis
8/20 2011 - The first Bitcoin Conference and World Expo was held in New York City.
2012 - Charlie Shrem announces plans to introduce a Bitcoin debit card through BitInstant, a Bitcoin transfer service. "
8/21
QR 1988 - Tim May - The Crypto Anarchist Manifesto https://archive.is/7lWPj
QR 2019 - Jesse Lawler - The Bitcoin/Government Battle is Vaporware https://bitcoinwords.github.io/cy19m8#the-bitcoingovernment-battle-is-vaporware
QR 2020 - Knut Svanholm - Deeper Down the Rabbit Hole https://bitcoinaudible.com/?p=4846
8/22 2013 - First commissioned bitcoin painting. by Ali Spagnola. An oil painting of the bitcoin logo. A commission of $50 USD was paid to Ali in bitcoin for the painting.
QR 2019 - Gigi - The Rise of the Sovereign Individual https://archive.is/Bf4h8
QR 2020 - Bill Buchanan - In Memory of Hal Finney, RIP - Builder of a More Trusted Worldhttps://bitcoinwords.github.io/cy20m8#in-memory-of-hal-finney-rip--builder-of-a-more-trusted-world
QR 2020 - Sergio Demian Lerner - The Patoshi Mining Machine https://bitcoinwords.github.io/cy20m9#the-patoshi-miningmachine
8/23 2011 - The first peer-to-peer decentralized pool, P2Pool, mines its first Bitcoin mainnet block (Block 142,312).
2017 - Activation Day! SegWit activated on Bitcoin mainnet at block height 481,824 at 1:57 UTC. the SegWit soft fork was a success!
QR 2019 - Parker Lewis - Bitcoin is Not Too Slow https://archive.is/2ogPP
8/24 2012 - First private medical practice accepts Bitcoin. It's a dentist in Finland.
QR 2019 - James O'Beirne - Bitcoin for safety https://bitcoinwords.github.io/cy19m8#bitcoin-for-safety
8/25
QR 2018 - Hugo Nguyen - Bitcoin, Chance and Randomness https://bitcoinwords.github.io/cy18m8#bitcoin-chance-and-randomness
QR 2019 - Rollo McFloogle - Applying Carl Menger to the Monetization of Bitcoin https://bitcoinwords.github.io/cy19m8#applying-carl-menger-to-the-monetization-of-bitcoin
8/26
QR 2019 - Erik Cason - The Theological Conquest of Money https://archive.is/WjD9C
8/27 2010 - "As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties: boring grey in colour - not a good conductor of electricity - not particularly strong, but not ductile or easily malleable either - not useful for any practical or ornamental purpose and one special, magical property: can be transported over a communications channel. If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it. Maybe it could get an initial value circularly as you've suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it. I think the traditional qualifications for money were written with the assumption that there are so many competing objects in the world that are scarce, an object with the automatic bootstrap of intrinsic value will surely win out over those without intrinsic value. But if there were nothing in the world with intrinsic value that could be used as money, only scarce but no intrinsic value, I think people would still take up something. (I'm using the word scarce here to only mean limited potential supply)"
2010 - "Bitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity."
QR 2018 - LaurentMT - Gravity https://bitcoinwords.github.io/cy18m8#gravity
QR 2020 - Parker Lewis - Bitcoin is One for All https://bitcoinwords.github.io/cy20m9#bitcoin-is-one-for-all
8/28 2014 - Hal’s Day RIP Hal Finney.
QR 2020 - Aaron van Wirdum - Hal’s Quest for Digital Cash https://bitcoinaudible.com/?p=4732
8/29
8/30 2011 - Difficulty adjustment at block 143,136 marks the first back-to-back drop.
QR 2019 - Parker Lewis - Bitcoin fixes this https://archive.is/2u57F
QR 2020 - Danny Diekroeger - What is an xpub? https://bitcoinwords.github.io/cy20m9#tweet-thread-what-is-an-xpub
8/31
QR 2018 - Dan Held - Hodlers are the revolutionaries https://bitcoinwords.github.io/cy18m8#hodlers-are-the-revolutionaries
QR 2020 - Roy Sheinfeld - Lightning is the Better Way to HODL https://bitcoinwords.github.io/cy20m8#lightning-is-the-better-way-to-hodl