Archive

A few weeks ago, I wrote an article outlining different threats to bitcoin adoption and usage through social attacks. There were tons of great ideas and solutions posed in the comment section of the post. A lot of the ideas centered around the decentralized action of individuals within their communities:

Layer 0 is people As a cryptographic system, Bitcoin is strong. Socially, it's an easy target. We're all familiar with the standard attacks against Bitcoin: bad for the environment, risky, volatile, criminal, ponzi, doesn't scale, centralized, and so on. Unlike the numerous crypto frauds

The lightning network has been growing at an exponential pace since its inception in 2018. Growth rates year-over-year have been at over 127%. With the number of clearnet nodes peaking at just over 20,000 earlier in March of 2022, the number has since fallen and stabilized at just over