Tag: bitcoin

The Daymak Bitcoin Mining Car Is Nonsense

The electric vehicle producer Daymak Avvenire promises bitcoin mining in their upcoming Spiritus Deluxe model. Delivery is estimated for 2023 but you can pre-order it already now. Their campaign states: The Daymak Spiritus will be the first electric car in history to mine cryptocurrency while it is parked, including Bitcoin, Doge, Ethereum, Cardano, and more. This makes no sense! Cardano is not mineable. It uses proof of stake. You need […]

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BTC vs Top 10 Altcoins — 2014-2021 Returns Compared

Bitcoin has been a rather good investment. Everyone knows that. But how does it compare to alternative cryptos? Some, like Ether and Doge, have outperformed Bitcoin. But many more have tanked. Do you remember coins like Peercoin, BitShares, the DAO? Let’s compare these two strategies: “BTC” – As a true Bitcoin Maximalist, you hold BTC only! “TOP TEN” – Buy the top 10 coins from Coinmarketcap, 10% each. I’ll test […]

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A Crypto Name System Proposal

I have long been daydreaming of a unified name system for everything crypto. That is, one single namespace for: Address aliases for Bitcoin and altcoins An alternative domain name system (DNS) for the Internet Secure messaging Ticker symbols for crypto stocks and other DeFi assets Whatever else creative souls can think of I know there are many name systems out there. Namecoin, OpenAlias, Counterparty, Handshake, HNS, ENS and Unstoppable Domains […]

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Do Testnet Bitcoins Have Real Value?

Testnet bitcoins (tBTC) are supposed to be worthless. After all, the purpose of these coins are to allow for testing without risking real money. However, these coins are getting difficult to get hold on and the faucets are running dry. Will testnet coins soon be traded for real money? What is testnet exactly? The Bitcoin Core software lets you chose between two networks. The default is mainnet, or simply Bitcoin. […]

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