Most of the content below has been either directly quoted or slightly modified from “The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments”. Quotation marks and citations have been omitted for readability. I highly recommend it to anyone interested in understanding the inner workings of future Bitcoin Lightning Network implementations. Continue reading How Does the Lightning Network Actually Work?

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This week, a friend sent me an article about a new “eco-friendly” proposed Bitcoin competitor, Chia Network. Aside from my confusion on the “Proof of Space and Time” consensus algorithm Chia uses, the gist of the article, and many like it that have arisen recently, is that as Bitcoin’s mining difficulty continues to increase (existing power-consuming mining operations grow and new entrants arrive into the space), Bitcoin may ultimately consume all the world’s energy supply. Continue reading Will Bitcoin Mining Consume All the World’s Energy Supply?

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Chances are your company doesn’t sell the product or service you think it does.

“The customer rarely buys what the business thinks it sells him. One reason for this is, of course, that nobody pays for a ‘product.’ What is paid for is satisfaction. But nobody can make or supply satisfaction as such— at best, only the means to attaining them can be sold and delivered.” – Peter Drucker

Continue reading Always Be Selling: The Founder Mindset

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Q: How Do You Impact People Online?

A: Become an Expert

The more people I meet, follow and learn of through the internet, the clearer it becomes that the reason I found them was because they were an expert on something. Our world is increasingly siloed with deep knowledge bases available about every imaginable field of study. The good news is that even with such abundant information, the bar to “expert” status is still quite achievable.

Continue reading Experts: The More You Know

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