Why do mining pools require 120 confirms for a solved block before payout?

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Note: Takuan’s post (which was originally published last night) is to remain at the top for a while, so I made it “sticky”. However, much has happened since it went up, including the Blogger outage. Scroll down for a report on that.

See also: Two forthrightly anti-Semitic Islamic leaders in Norway, Judicial coddling in Germany, and Part 3 of the Imran Firasat interview.

More new posts will be added below this one. Oh, and don’t mess around with JIM.

The essay below is the conclusion of the ninth part in a series by Takuan Seiyo. See the list at the bottom of this post for links to the previous installments.


Left: Pierre-Auguste Renoir, Dance at Le Moulin de la Galette, 1876
Right: George Grosz, Metropolis, 1916/17

The Bee and the Lamb
Part 9 (continued)

By Takuan Seiyo

A Whole New Road to Serfdom

That Which is Not Seen

(continued)

For over 60 years, White mea-culpists have had a firm grip...

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