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“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
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Today we cover more specifically the consequences and risks of a divorce between miners & the network of nodes. What could the miners do,...
"I am talking about the inability to confront shortcomings with layers of the system. The inability to confront substantial threats or attack surfaces that...
Blockstream's Liquid, a federated, production sidechain, has officially launched with exchanges accounting for more than half of the global Bitcoin exchange volume! In today's...
![CryptoQuikRead_113 - The Dawn of Trustworthy Computing [Nick Szabo]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741534/c1a-9mg94-04r1dr0vfm51-pokzfr.jpg)