... On Thursday a budget speech by finance Minister Arun Jaitley generated a tsunami of 'the Bitcoin party is over in India' headlines, adding to downward pressures on the cryptocurrency.
... ELI5: What do we mean by “blockchains are trustless”?
Preethi Kasireddy Blockchain Engineer. I have a passion for understanding things at a fundamental level and sharing it as clearly as possible.
Feb 3
... Blockchains don’t actually eliminate trust, what they do is minimize the amount of trust required from any single actor in the system. They do this by distributingtrust among different actors in the system via an economic game that incentivizes actors to cooperate with the rules defined by the protocol ...
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