https://ecash.com/blog/ Essays, updates, and technical notes on the eCash hardfork, drivechains, mining, wallets, governance, and the path to fork day. en Sat, 10 Jan 2026 12:00:00 GMT https://ecash.com/blog/democracy-missing-pieces-two-pages/ https://ecash.com/blog/democracy-missing-pieces-two-pages/ Sat, 10 Jan 2026 12:00:00 GMT Paul Sztorc Governance A condensed two-page overview of the full Democracy's Missing Pieces series, distilling the core arguments on Bitcoin governance and the case for eCash. https://ecash.com/blog/blockstreams-big-mistake/ https://ecash.com/blog/blockstreams-big-mistake/ Tue, 09 Dec 2025 12:00:00 GMT Paul Sztorc Strategy A post-mortem on Blockstream's strategic decisions and why the Lightning Network approach failed to deliver Bitcoin's original scaling promise. https://ecash.com/blog/democracy-missing-pieces-9-10/ https://ecash.com/blog/democracy-missing-pieces-9-10/ Tue, 05 Aug 2025 12:00:00 GMT Paul Sztorc Governance The concluding installment: implications of democratic governance failures for decentralized systems, and what Bitcoin must do differently. https://ecash.com/blog/democracy-missing-pieces-7-8/ https://ecash.com/blog/democracy-missing-pieces-7-8/ Tue, 05 Aug 2025 12:00:00 GMT Paul Sztorc Governance Parts 7 and 8 dig into median voter theory and Bitcoin's structural inability to make good governance decisions under adversarial conditions. https://ecash.com/blog/democracy-missing-pieces-5-6/ https://ecash.com/blog/democracy-missing-pieces-5-6/ Tue, 05 Aug 2025 12:00:00 GMT Paul Sztorc Governance Parts 5 and 6 examine how Bitcoin's governance structure systematically produces bad outcomes, and why design, not culture, is the root cause. https://ecash.com/blog/democracy-missing-pieces-3-4/ https://ecash.com/blog/democracy-missing-pieces-3-4/ Tue, 05 Aug 2025 12:00:00 GMT Paul Sztorc Governance Parts 3 and 4 apply historical precedents for democratic governance failures to Bitcoin's current development stagnation. https://ecash.com/blog/democracy-missing-pieces-1-2/ https://ecash.com/blog/democracy-missing-pieces-1-2/ Tue, 05 Aug 2025 12:00:00 GMT Paul Sztorc Governance An introduction to the series: how democracy's missing pieces explain Bitcoin's inability to scale, and why eCash charts a different course. https://ecash.com/blog/derangements-of-bitcoin/ https://ecash.com/blog/derangements-of-bitcoin/ Wed, 16 Jul 2025 12:00:00 GMT Paul Sztorc Bitcoin A taxonomy of the most persistent and damaging intellectual derangements within the Bitcoin community, the ideas that have held the network back for a decade. https://ecash.com/blog/ideal-mining-edac-pools/ https://ecash.com/blog/ideal-mining-edac-pools/ Mon, 26 May 2025 12:00:00 GMT Paul Sztorc Mining Introducing EDAC (Expected-Demand-Adjusted Cost) mining pools: a framework for ideal mining that aligns miner incentives with long-run network health. https://ecash.com/blog/popular-mining-lies/ https://ecash.com/blog/popular-mining-lies/ Mon, 26 May 2025 12:00:00 GMT Paul Sztorc Mining A critical examination of widely-accepted mining narratives, debunking the myths and exposing the economic distortions they create for the Bitcoin ecosystem. https://ecash.com/blog/unlimited-blocksize-bsv/ https://ecash.com/blog/unlimited-blocksize-bsv/ Wed, 30 Apr 2025 12:00:00 GMT Paul Sztorc Drivechains Why BSV's unlimited blocksize approach creates an unsolvable data availability problem, and what this means for honest blockchain scalability. https://ecash.com/blog/precedence-ossification/ https://ecash.com/blog/precedence-ossification/ Sat, 01 Mar 2025 12:00:00 GMT Paul Sztorc Bitcoin How Bitcoin's codebase and culture have become ossified by precedent, preventing necessary upgrades and creating a path dependency that favors the status quo.