CryptoQuikRead_191 - The Cryptocurrency Phenomenon [Part 6]

November 27, 2018 00:25:01
CryptoQuikRead_191 - The Cryptocurrency Phenomenon [Part 6]
Bitcoin Audible
CryptoQuikRead_191 - The Cryptocurrency Phenomenon [Part 6]

Nov 27 2018 | 00:25:01

/

Hosted By

Guy Swann

Show Notes

"How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?" Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control.  Section 5 of the incredible Thesis by iterative.capital, "Machine Consensus Via Proof-of-Work." Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node:03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76 Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node:31sBReBuAA9QznVRRrcsjdGp9oc4ajnS4t Support the show:Shop.Trezor.io Affiliate LinkThe Drunkard’s Walk: How Randomness Rules Our LivesMastering Bitcoin --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

August 26, 2019 01:08:56
Episode Cover

CryptoQuikRead_287 - Money is a Social Network - Money, Bitcoin & Time [Part 2 - Robert Breedlove]

The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue...

Listen

Episode

October 11, 2023 00:53:15
Episode Cover

Read_770 - The Big Deal with BitVM

"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being able to challenge a...

Listen

Episode

May 03, 2023 00:39:45
Episode Cover

Read_727 - The Banking Crisis Stays, & the Treasury is Broke [Nik Bhatia, Joe Consorti]

"The fall of First Republic Bank was the second-largest bank failure by assets in US history, putting us in the 2008 conversation. Times are...

Listen