Bitcoin’s blockchain technology has long been hailed for its decentralized nature and robust security, making it a cornerstone in the digital asset space. While Bitcoin’s primary role as a cryptocurrency is well-established, its potential as a decentralized timestamping server and global event sequencer opens up new avenues for innovation.
As I often say when talking to developers, while I once ran a development house and can code in several languages myself, I still consider myself an enthusiastic amateur and know ‘enough to be dangerous.’ I welcome any constructive criticism of this op-ed, which is based on my recent essay, ‘How Bitcoin can save the world.‘
OP_ZKP vs OP_CAT
Before explaining why we should view Bitcoin as a global timestamping server and event sequencer, it’s crucial to consider the necessary advancements to enhance its functionality. To realize Bitcoin’s potential beyond “perfect money,” we either need to overhaul Bitcoin or allow it to interact b
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