CryptoQuikRead_332 - Proof of Stake, Private Keys Attacks & Unforgeable Costliness [Hugo Nguyen]

December 19, 2019 00:37:21
CryptoQuikRead_332 - Proof of Stake, Private Keys Attacks & Unforgeable Costliness [Hugo Nguyen]
Bitcoin Audible
CryptoQuikRead_332 - Proof of Stake, Private Keys Attacks & Unforgeable Costliness [Hugo Nguyen]

Dec 19 2019 | 00:37:21

/

Hosted By

Guy Swann

Show Notes

Is there a single key factor in the difference between the assurances in PoS vs PoW? The knowledge and proof that there is a real world, inescapable cost to both producing the currency, & editing the chain history - unforgeable costliness.  Learn about this, the private keys attacks that risk entire contesting histories in PoS systems, and to the nothing-at-stake problem. This and more in today's read!

Check out the original (hit that applause button) plus the other great pieces Hugo has on his Medium page!
https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb

For a deeper dive into unforgeable costliness, listen to the absolute essential read, by Nick Szabo, "Shelling Out, The Origins of Money."
https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-Nick-Szabo-e2ndom

If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below!
https://patreon.com/thecryptoconomy

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

Other Episodes

Episode

May 16, 2019 01:03:32
Episode Cover

CryptoQuikRead_248 - Bitrefill's Hottest Lightning Tech of 2019!

Today we cover all the incredible new developments coming to Lightning and what they will mean for the future the protocol!  First we tackle...

Listen

Episode

July 20, 2022 01:25:21
Episode Cover

Read_638 - What is Money Anyway? Part 3 [Lyn Alden]

"Like any powerful technology, bitcoin can be used for good or ill. As proponents of the technology like to say, bitcoin is “money for...

Listen

Episode

December 19, 2020 01:02:26
Episode Cover

Chat #54 - WTF is Bitcoin Anyway? With Jim & Hari

Today we have a crazy fun show after getting to hang with Jim & Hari (and James)from the What Do We Know podcast! A...

Listen