Apr 26, 2022Chinas Zukunft: Was uns der Lockdown 2022 von Shanghai verraten kannNachdem die 26-Millionen-Stadt Shanghai angekündigt hatte, zu einer differenzierteren COVID-19-Politik überzugehen, wurde sie Ende März 2022 durch Druck der Zentralregierung in Beijing gezwungen, die Stadt abzusperren. Die offizielle Begründung für diesen drastischen Politikwechsel lautet, dass bei den stadtweiten Tests zu hohe Infektionsraten festgestellt worden seien. …Shanghai4 min readShanghai4 min read
May 20, 2021Bitcoin: China zieht die Regulierungsschrauben anWer immer noch der Meinung ist, dass der harte Absturz des Bitcoin-Kurses etwas mit Elon Musk zu tun hat, sollte sich mit der Idee anfreunden, dass er wahrscheinlich falsch liegt und dessen Einfluss auf den Preisbildungsprozess auf den globalen Märkten stark überschätzt wird. Viel wahrscheinlicher ist, dass die neuesten Restriktionen…Bitcoin5 min readBitcoin5 min read
May 21, 2020Brief essay on a possible impact of Covid-19 on the Bitcoin priceI don’t usually see myself as the author of half-baked conspiracy theories, a crude mix of half-truths and personal impressions, which then lead to the drawing of abstruse conclusions. Therefore, I would like to point out that the following article only reflects an opinion and should be perceived as such. …Bitcoin4 min readBitcoin4 min read
Aug 27, 2019Member-onlyDecentralization — the true heroine behind Bitcoin, blockchain and open ledgerNote: If you like to read the full article in German language visit my blog. Since 2013 I have been working with Bitcoin, blockchain technology, mining, trading, smart contracts, different consensus mechanisms and applied crypto methods. …Bitcoin8 min readBitcoin8 min read
Published in Coinmonks·Dec 8, 2018The 5 biggest threats for bitcoin that have the potential to destroy itBitcoin is specialized in the use case of serving mankind as a currency. From a technological point of view, it tries to achieve this goal as easily and safely as possible — as much code as necessary, but as little as possible — so not to complicate things unnecessarily. …Bitcoin12 min readBitcoin12 min read
Published in Coinmonks·Oct 8, 2018Easy as ABC: How to jailbreak your modem/router from China Telecom — shown exemplarily for an E-140W-PFirst of all: According to Chinese law (including the CSL — the Cybersecurity Law) and China Telecom’s Terms and Conditions the following instruction is certainly not intended to be executed in China, with high probability illegal and prosecution by the authorities cannot be excluded. …China Telecom6 min readChina Telecom6 min read
Published in Coinmonks·Jul 26, 2018The future of Bitcoin and the Lightning Network ⚡ and why their success is a self-fulfilling prophecy from an ideologically point of viewThis article is the third and last part of a mini-series about Bitcoin and the Lightning Network. In the first article, I had a short look at the Lightning Network and why it will have a catalysator effect on Bitcoin and participating cryptocurrencies to give up HODLing and start using…Bitcoin17 min readBitcoin17 min read
Jul 25, 2018How the monopolist Bitmain exploits his supremacy to milk the worldMy findings are based on first-hand experience. I have lived in China since late 2011. I operated home mining from 2013–2016 with equipment from Bitmain (S3, S3+, S5, S7), bought hash power from Hashnest (Bitmain) and had cloud mining contracts with Genesis mining and Hashflare. During this time Bitmain has…Bitcoin6 min readBitcoin6 min read
Published in Coinmonks·Jun 29, 2018Bitcoin’s future: Paradigm shift ahead — mining Bitcoin is doomed and today a non-starter for newcomers alreadyIn Bitcoin the processing transactions of the peer-to-peer network and to pack that transactions in blocks, seal and timestamp them, and finally store them in a long blockchain is called mining. To ensure the highest security the Bitcoin inventor Satoshi Nakamoto wrapped that task in some kind of competition combined…Bitcoin9 min readBitcoin9 min read
Published in Coinmonks·Jun 26, 2018The Lightning Network ⚡ will revolutionize a revolution or why HODLing is not the solution but part of the problem!While preparing this article about the Lightning Network I considered severeal headlines and even after publishing I am not sure, if I chose the right one. My alternates: Bitcoin is dead, long live Bitcoin! or The Lightning Network no revolution without evolution! or Bitcoin is going to invent itself — again! Understand the Lightning Network! They all somehow express what I want to explain to you.Bitcoin12 min readBitcoin12 min read
