CryptoQuikRead_192 - The Cryptocurrency Phenomenon [Part 7]

November 28, 2018 00:41:36
CryptoQuikRead_192 - The Cryptocurrency Phenomenon [Part 7]
Bitcoin Audible
CryptoQuikRead_192 - The Cryptocurrency Phenomenon [Part 7]

Nov 28 2018 | 00:41:36

/

Hosted By

Guy Swann

Show Notes

"In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work." Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control.  Concluding 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

May 20, 2021 00:36:50
Episode Cover

Read_529 - Orange is the New Green [Knut Svanholm]

"Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do...

Listen

Episode

April 24, 2019 01:05:14
Episode Cover

GuysTake_011 - Why Lightning Sucks

Lightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to...

Listen

Episode

August 30, 2019 00:32:19
Episode Cover

CryptoQuikRead_290 - Gradually, Then Suddenly [Parker Lewis]

"What is money? That is the beginning of the real rabbit hole.” Like the process of going bankrupt, how fiat money inflates, and what...

Listen