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Category: 101s

An Explanation of Bitcoins, Part II (The Technology)

Posted on September 28, 2014 by Kartik Chawla

(Image Source: https://flic.kr/p/e9LG7B) (This post is based in part on a paper earlier published by Rostrum Law Review) This post first explains the Bitcoin Network itself and some of its vulnerabilities, and then the cyptography used by Bitcoins that gives it the title of Cryptocurrency.

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An Explanation of Bitcoins, Part I (The Philosophy)

Posted on September 27, 2014 by Kartik Chawla

(Image Source: https://flic.kr/p/e9LG7B) (This post is based in part on a paper published by Rostrum Law Review) Most of the currencies in the world right now, and all the reserve currencies, are fiat currencies, declared to be currencies by a legal tender, and unsupported by any physical commodity, only the rules of supply and demand (Incidentally, the term ‘fiat’…

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