04

Follow the decisions

Bitcoin is a chain of decisions, not a single date.

8 articles in this rubric.

May 22, 2010

10,000 BTC for two pizzas: loss or proof?

One exchange showed that digital units could leave the screen and purchase a real result.

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March 11–12, 2013

The night two versions of Bitcoin existed

Miners abandoned the stronger branch to restore a compatible shared history.

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Block 74638 · August 15, 2010

184 billion BTC that should never have existed

A value-overflow bug created an impossible amount, and participants adopted repaired rules within hours.

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2009 → 2010

Who drew the orange ₿?

Satoshi offered a foundation, Bitboy changed it, and a community decided through use which symbol would endure.

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December 2010 → June 2011

Do Not Kick the Hornet's Nest

Why Satoshi asked WikiLeaks to wait—and why the episode does not prove the reason for his departure.

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Block 0 · January 3, 2009

The Newspaper Line Inside the First Block

What The Times headline in the genesis block proves—and which meanings remain interpretation.

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BIP 13 and BIP 16 · 2012 · 10 min read

P2SH: The Address That Hid Its Spending Conditions

How P2SH moved complexity from sender to receiver, made multisig payments practical, and required careful activation.

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Mining · Energy and flexible load

Bitcoin Mining and the Grid: A Consumer That Can Switch Off

Why mining uses substantial energy, how it can curtail quickly, and why that does not automatically make it helpful to every grid.

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