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Author Topic: Two new short essays about Bitcoin  (Read 986 times)
casascius
Mike Caldwell
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February 24, 2011, 05:31:06 AM
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I am in a writing mood tonight, so I wrote two short essays that I think will help Bitcoin along by answering in detail a few questions I think people have.  I posted them in the Wiki, for lack of a better place, and perhaps for some collaboration.

https://en.bitcoin.it/wiki/How_to_accept_Bitcoin,_for_small_businesses

https://en.bitcoin.it/wiki/Why_a_GPU_mines_faster_than_a_CPU




Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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February 24, 2011, 06:27:28 AM
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I really like both articles. Deep yet understandable explanations of confusing subjects. My metaphorical hat off to you, sir.
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