Ruben Somsen·Oct 3, 2020SNARKs and the future of blockchainsSNARKs are often seen as a magical panacea to “solve” scaling. While SNARKs provide many benefits, the limitations need to be acknowledged…
Ruben Somsen·Apr 3, 202021 Million Bitcoins to Rule all Sidechains: The Perpetual One-way Peg…a viable way to allow for new experimental chains to be linked to Bitcoin in such a way that speculation is taken out of the equation…A response icon1A response icon1
Ruben Somsen·Jun 4, 2019Statechains: Non-custodial Off-chain Bitcoin TransferThis article introduces Statechains, a novel layer two scaling protocol for Bitcoin with some unique features. We’ll go through its…A response icon3A response icon3
Ruben Somsen·Jan 7, 2019Limichat — Lightning Chat AppIn preparation of the Seoul Bitcoin Lightning Hackathon, I built a Lightning Network chat app that limits the number of messages by…
Ruben Somsen·Jun 19, 2018Bitcoin’s Hidden Proof-of-Work AssetTLDR: Miners buy bitcoins by creating blocks, and they pay for it in electricity. Interestingly, this data gets recorded on the blockchain…