eCash articles
Essays on Bitcoin, sidechains, mining and the ideas behind eCash.
Bitcoin is Facing a Brain Drain
Why developers are leaving Bitcoin, and how sidechains could give them room to experiment without changing its monetary base.
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13 articlesBitcoin is Facing a Brain Drain
Why developers are leaving Bitcoin, and how sidechains could give them room to experiment without changing its monetary base.
Democracy's Missing Pieces. Two Pages
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.
Blockstream's Big Mistake
A post-mortem on Blockstream's strategic decisions and why the Lightning Network approach failed to deliver Bitcoin's original scaling promise.
Democracy's Missing Pieces (Parts 9–10)
The concluding installment: implications of democratic governance failures for decentralized systems, and what Bitcoin must do differently.
Democracy's Missing Pieces (Parts 7–8)
Parts 7 and 8 dig into median voter theory and Bitcoin's structural inability to make good governance decisions under adversarial conditions.
Democracy's Missing Pieces (Parts 5–6)
Parts 5 and 6 examine how Bitcoin's governance structure systematically produces bad outcomes, and why design, not culture, is the root cause.
Democracy's Missing Pieces (Parts 3–4)
Parts 3 and 4 apply historical precedents for democratic governance failures to Bitcoin's current development stagnation.
Democracy's Missing Pieces (Parts 1–2)
An introduction to the series: how democracy's missing pieces explain Bitcoin's inability to scale, and why eCash charts a different course.
Derangements of 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.
Ideal Mining (EDAC Pools)
Introducing EDAC (Expected-Demand-Adjusted Cost) mining pools: a framework for ideal mining that aligns miner incentives with long-run network health.
Popular Mining Lies / The Mining Grift
A critical examination of widely-accepted mining narratives, debunking the myths and exposing the economic distortions they create for the Bitcoin ecosystem.
Unlimited Blocksize (BSV) and the Data Availability Problem
Why BSV's unlimited blocksize approach creates an unsolvable data availability problem, and what this means for honest blockchain scalability.
Precedence Ossification
How Bitcoin's codebase and culture have become ossified by precedent, preventing necessary upgrades and creating a path dependency that favors the status quo.
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