Oleg Andreev

Oleg Anza. Software designer and crypto-anarchy historian. Building Tonkeeper....

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Oleganza.com news digest

  • 6 years

    The renaissance of cryptography

    This is a declaration of a new era.
    Cryptography was almost exclusively a military technology for centuries. When in 1990s millions of personal computers connected to the internet, cryptography graduated from a munition to an industrial tool to secure credit card payments over a global...

  • 6 years

    An utterly failed attempt to find a 1000x flaw in Bitcoin energy consumption res...

    BITCOIN ESTIMATED TO USE HALF A PERCENT OF THE WORLD’S ELECTRIC ENERGY BY END OF 2018
    EurekAlert article
    The Bitcoin network can be estimated to consume at least 2.55 gigawatts of electricity currently, and potentially 7.67 gigawatts in the future, making it comparable with countries such as Ireland (3.1 gigawatts) and Austria (8.2 gigawatts)...

  • 6 years

    How Bill Gates managed to be wrong in every sentence about Bitcoin

    Bill Gates on Reddit AMA:
    The main feature of crypto currencies is their anonymity. I don’t think this is a good thing. The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl...

  • 6 years

    What is blockchain

    Blockchain is a data structure for proving that certain events happened in a specific order.
    Blockchain consists of a chain of timestamped blocks of events. Events are often called transactions.
    Why timestamps? To not only order events relatively, but also pin them to the real time as it’s way more useful and in some cases necessary to make plain ordering work (e.g in Bitcoin to readjust difficulty)....

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Web host: Selectel MSK
Registrar: Gandi SAS
Registrant: REDACTED FOR PRIVACY
Updated: November 04, 2023
Expires: November 07, 2025
Created: November 06, 2010

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