Hosted By
“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” - @NickSzabo4
Check out Szabo’s incredible blog, Unenumerated, at:
https://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
Support the show: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
Today we break into the racket that is the IMF and World Bank monetary imperialism. Piggy backing off Gladstein's remarkable piece detailing the horrific...
"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to happen simultaneously by linking...
"Instead of relying on accountants, regulators, and the government, Bitcoin relies on a global network of peers to enforce rules, shifting enforcement from manual,...
![CryptoQuikRead_113 - The Dawn of Trustworthy Computing [Nick Szabo]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741534/c1a-9mg94-04r1dr0vfm51-pokzfr.jpg)