Archive / Bitcoin USI Club / NewsletterMay26
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Bitcoin USI Club

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Monthly News

Most viewed news from bitcoin newspapers

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Business

Boltz Launches Non-Custodial USDC Swaps, Bridging Bitcoin Directly to Circle’s Regulated Dollar

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Culture

Relics of a Revolution, Part IV: The Bank Was Already Burning

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Markets

Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies

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A bit technical

Dive into technical mechanisms of bitcoin ecosystem

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What is proof of work on Bitcoin? (Proof-of-work)

The proof of work is a mechanism used in Bitcoin, within the principle of Nakamoto Consensus, so that the payment system is resistant to Sybil attacks.

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Understanding Proof of Work (PoW) in Blockchain

Proof of Work is a foundational consensus mechanism in blockchain technology. It requires substantial computational effort to validate transactions, ensuring the security and integrity of the blockchain network without reliance on a trusted third party.

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Proof of work and proof of stake: a comparison

Consensus mechanisms, such as proof of work (PoW) and proof of stake (PoS), are at the core of every public blockchain.

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Orange Pills

Your monthly spark of bitcoin

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Fiat Lux

“And God said: Let there be light (fiat lux). And there was light".

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Fiat Lux

The money we know, use, and exchange every day remains unfamiliar to most people. “The root problem with conventional currency is the trust that’s required to make it work. We have to trust the central bank, yet the history of fiat currencies is full of breaches of that trust". - Satoshi Nakamoto

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Recommended readings

Keep in touch with the bitcoin world by exploring other resources, such as the old good books.
This month's suggestion reading is: Villaggio Bitcoin, written by Valerio Dalla Costa

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