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

September 21, 2018 00:28:58
Episode Cover

CryptoQuikRead_155 - POW is Efficient [Dan Held]

"The Cryptopocalypse is coming — Bitcoin’s (PoW) is so bad that it’s going to destroy the world in 2020!" -DanHeld Is Bitcoin's energy consumption...

Listen

Episode

August 18, 2023 01:14:51
Episode Cover

Read_757 - Putting the B in BTC [Anthony Towns]

"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to quickly resolve transaction storms....

Listen

Episode

July 21, 2020 00:56:06
Episode Cover

Read_420 - BIP 9, 8, or MSFA, How Bitcoin Could Upgrade Next [Aaron Van Wirdum]

"This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think...

Listen