News from johnpatrick.com
Learning From a RUD RUD stands for Rapid Unscheduled Disassembly, and that is what happened at the end of the Starship flight test on Wednesday. The 6+ minutes flight ended with a huge explosion. Was it a failure? No. In fact the test was a great success. The engineers got all the data they need […]
News from johnpatrick.com
A Lot Going On in Space China is clearly a threat to the United States leadership in many ways, one of which is in space. This week China launched a rocket to the dark side of the moon. They placed a satellite in orbit to serve as a relay station to send pictures and data […]
Cryptocurrency and Blockchain
A paper was posted on the Internet by Satoshi Nakamoto in November 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System”. The paper described a system where Bitcoin, a digital currency, can be used to buy and sell goods and services or to just buy and hold the Bitcoin. Currencies such as the U.S. dollar, the Canadian […]
Bitcoin: Is It For Real?
The following article appeared in the current issue of Sun and Surf Magazine. It was published in Palm Coast, Florida. Meanwhile, the Coindesk Consensus 2018 conference is underway this week in New York City. The interest level for blockchain technology and cryptocurrencies is strong. More than 7,700 attendees showed up to talk about these technologies. Experts and […]
What’s Next For Bitcoin – Part 2
My friend Harris Miller, in Virginia, pointed out there was a $70 million bitcoin theft, which may have gotten lost in the news frenzy over the price rise. He makes a valid point, and I would like to make some further comments about the heist in this post. The $70 million of bitcoin was stolen from […]