CryptoQuikRead_328 - Under a HEX [Goldman Sats]

December 12, 2019 00:35:00
CryptoQuikRead_328 - Under a HEX [Goldman Sats]
Bitcoin Audible
CryptoQuikRead_328 - Under a HEX [Goldman Sats]

Dec 12 2019 | 00:35:00

/

Hosted By

Guy Swann

Show Notes

The scams in the Bitcoin & crypto space are, unfortunately, not low in number. Sometimes the only safe option is to ignore them, but there are the few occasions that require a thorough breakdown of just how the scam works, in hopes of protecting the often naive and uninformed noobs that enter this space. Today we read a piece by Goldman Sats breaking down the inner workings of the HEX scam, and how it is designed for one thing, and one thing only, to take your money.

Listen to find out more!

Don’t forget to drop the max applause on this article and for @TooWumboToFail’s excellent research into how this works and making it available to everyone. And if you ever hear word of someone thinking of participating, don’t forget to send them to this article or episode before they do.
https://medium.com/@TooWumboToFail/under-a-hex-396847b86e57

Here is the "advanced analysis of how HEX works" link buried in the website so anyone who wants to explore further can do so.
https://docs.google.com/document/d/1P0ZDaBQx4ghkdX5IUwZb1n8ThvYf7i22MSt9Gm00JRU/edit

If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 08, 2022 00:50:17
Episode Cover

Read_651 - The Path to a Bitcoin Standard in Africa [Charlene Fadirepo]

"I believe Africa represents the most elegant use case for a Bitcoin standard in existence. In the paragraphs that follow I will explain why."...

Listen

Episode

October 15, 2020 00:38:15
Episode Cover

Guy's Take #34 - TAPROOT IS MERGED!!

A major step toward the next era of Bitcoin was made today. The code is final, and it is now in the Bitcoin codebase...

Listen

Episode

August 14, 2025 01:25:28
Episode Cover

Chat_140 - Time, Family, and The Bullish Case for Pickleball with Vijay

"Consumerism is something that kind of hollows out society. It takes away from the real meaning of why we're here. Why we're here on...

Listen