CryptoQuikRead_052 - Mining Centralization Scenarios

Bitcoin Audible

Apr 19 2018 | 00:22:57

00:00 / 00:22:57

Hosted By

Show Notes

Is Bitcoin really decentralized if we consider the enormous market dominance and hash power of Bitmain and the largest mining pools? Listen to Jimmy Song's argument about the elements and consequences of centralized mining scenarios to find out.Don't forget to check out @jimmysong's other works on Medium: https://medium.com/@jimmysong/mining-centralization-scenarios-b74102adbd36 Also check out Jimmy's podcast:https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

December 20, 2018 • 01:47:53

CryptoChat_008 - Under the Lightning Hood with @petoveritas, @Crypt0PuraVida, & @CoinBeezy

After setting up and experiencing The Lightning Network firsthand as part of the Casa Node crew and our own little pool of channel liquidity...

Episode

May 08, 2024 • 02:34:37

Chat_099 - Failure, Hope and the Purpose of Bitcoin with Bitcoin Mechanic

"We have the fork wars, we have a culture that understands the importance of nodes and widespread enforcement of a protocol and its rules....

Episode

October 24, 2023 • 00:49:57

Read_773 - A Solution to Scaling Lightning

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use...