Author: admin-science

Code is a place where people can talk about what they think. It is a place where people can talk about what they have read. Ethereum: What’s the fuss? This is a place where people can talk about what they like about the Ethereum Project. Below is the continuation of the conversation. The Current Situation […]

Connecting to Bitcoin Core via RPC using PHP This tutorial will show you how to communicate with bitcoind programmatically using RPC (Remote Procedure Call) in PHP. Prerequisites Make sure you have PHP installed on your system. You can install it using: sudo apt-get install php5 To verify your PHP installation: php –version Setup Required Components […]

Brief History MaidSafe is the only cryptocurrency project I know of that is older than Bitcoin. It started in 2006, raising 5 million dollars to fund a 14-person team working towards the goal of decentralizing the internet. [1] Since then, the project has had more face-lifts than an aging D-list celebrity. Last year they even […]

Bitcoin lightweight clients are wallets that do not download and store the whole blockchain locally. Currently (Oct 2015), the Bitcoin blockchain is about 45GB and growing. Downloading the whole blockchain onto a smart phone makes no sense. Satoshi envisioned lightweight clients in the original whitepaper [1]. The whitepaper introduced Simple Payment Verification – a way […]

It has come to our attention that there is a shortage of Bitcoin and Blockchain programmers. As a result we have decided to post a series of tutorials starting at the very beginning. We will download and set-up a full Bitcoin wallet and then we will proceed to go through all the commands and how […]

This brief article helps to clear up a common misconception about Bitcoin. Bitcoin is frequently portrayed as the chosen currency of crooks. There is no doubt that criminal activity has been associated with the Bitcoin ecosystem, but I would argue that cash is still king in the underworld. Jason Bloomberg writes in his recent Forbes […]

Advice to Ignore at Your Own Peril To Whom It May Concern: And concerned you should be, gravely. A storm is brewing on the distant horizon, more clearly visible to some than others. From our lookout perch, using high-tech vision enhanced with deep research, the threat is unequivocal. Decisive timing is uncertain but the path […]

Introduction The current major cryptocurrency is Bitcoin[1]. Changes to the Bitcoin protocol have to be conservative and slow so as not to destabilize the network, and thereby diminish its value. This in turn prevents rapid innovation that is prevalent in software development. The original solution to innovate upon Nakamoto’s invention was simply to fork the […]