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There’s no single story everyone in the crypto space is going to tell you about what they think the point of it is. There are a lot of opinions! But maybe the most succinct answer is that the hope is crypto will do for money what the internet did for communication. It’s a way to send cash and value and scarcity across a computer network and, importantly, to try to do so without any intermediaries or oversight of a government.

imageJSON has native support in almost every language. All bitcoin miners already have JSON libraries included. JSON-RPC already specifies three native message types which Stratum uses: request, response and notification. JSON has definitely some data overhead, but Stratum mining messages typically fits into one TCP packet. JSON payload is human readable, easy to implement and debug. We don't need to reinvent a wheel. In contrary of most binary protocol, JSON payload can be easily extended without breaking backward compatibility.

Was it the genesis block on January 3, 2009? Or were the seeds first planted in the early digital currencies created by the cypherpunks a decade earlier?"TO THE MOON also asks: "What did Satoshi want?" Early bitcoin contributor, Amir Taaki, believes Satoshi’s genesis block message was very political, that the decision to publish the Times front page headline, "Chancellor on Brink of Second Bailout for Banks" was not random but rather signals intent. What was the actual beginning? Or the Bitcoin White Paper published on October 31, 2008? Nozomi Hayase says ‘cypherpunks write code’ and the bitcoin code embodies the ideals of natural law. TO THE MOON then talks to Bill Barhydt of Abra about cypherpunks, what they wanted and how that influenced the revolution that is bitcoin. Jimmy Song says Satoshi wanted money that wasn’t controlled by a centralized authority and the best store of value ever created. The journey then takes them to the radical monetary experiment of QE which began only weeks after the Bitcoin White Paper was first published. Giacomo Zucco believes he wanted a monetary policy revolution. Also in this episode, prominent bitcoiners like investor Trace Mayer, security engineer Jameson Lopp, entrepreneur and coder Rodolfo Novak, and Marshall Long, who was an early miner, provide insight into the ideology and ideas unleashed by bitcoin. The first of a ten part series on the first ten years of bitcoin originally aired on international television in late 2019, this is the first time it has been released as a podcast.In the genesis episode of TO THE MOON, Max and Stacy ask: "What is bitcoin?

The earliest known record of lottery slips dates back to the Chinese Han Dynasty, 205 to 187 BC. There is also mention of the game in the Chinese Book of Songs, where the lottery is referred to as a "drawing of wood" or a "drawing of lots". It is believed that these lottery slips were used to finance major government projects.

Crypto proponents are hoping it’s for btc someone, though it’s often not clear who or why or what. It’s an arena dependent on promotion and bitcoin spreading the gospel, on insisting this is all a good idea, so people keep "trying to contort it into something useful, and it never gets there," said Chet Wisniewski, principal research scientist at the cybersecurity company Sophos. "Every time they do that, they add more and more complexity."

To back up a little bit, what we’re going to talk about here is the movement that’s grown out of bitcoin and blockchain starting in the wake of the financial crisis. In 2009, a white paper penned by a person using the alias Satoshi Nakamoto showed up online, outlining an idea for electronic cash that would allow online payments to be made from one person to another without a financial institution or some other third party in the middle. Transactions are recorded on the blockchain, an append-only ledger (meaning new information can only be added, not deleted or edited) managed by a decentralized network of computers.

A few months later, on January 9, 2009, Bitcoin was released to the world and anyone could download a copy of the client to host a copy of the distributed ledger. On Halloween 2008, during the last leg of the Global Financial Crisis, a person or group by the pseudonym Satoshi Nakamoto published the Bitcoin whitepaper. Four days later, Hal Finney received the first transaction ever made on Bitcoin — Satoshi Nakamoto sent Hal 10 Bitcoins.

What people can do in the space currently also has some kinks, and some of it doesn’t make sense. Beyond some modest (or, if you have enough money, significant) speculation, there’s not a lot for normies to really do in crypto.

When I talked to people about DeFi, a lot of them told me I would "get it" if I did it. At the advice of a source who works in DeFi professionally, I opened a Coinbase account to buy some cryptocurrencies, spending a little over $100, downloaded MetaMask to move some of my currencies there, and then tried to use those currencies on Uniswap.

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