CryptoQuikRead_358 - The Blockchain is Exhaust [Udi Wertheimer]

February 26, 2020 00:28:24
CryptoQuikRead_358 - The Blockchain is Exhaust [Udi Wertheimer]
Bitcoin Audible
CryptoQuikRead_358 - The Blockchain is Exhaust [Udi Wertheimer]

Feb 26 2020 | 00:28:24

/

Hosted By

Guy Swann

Show Notes

Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world?

This was a fascinating Twitter thread by Udi Wertheimer that explores what I find to be an interesting perspective on the role that "the blockchain" plays in the Bitcoin network. With added input and contrarian opinions from Eric Wall, Meni Rosenfeld, Adam Back, & Justin Moon, we take a short episode to expand on a unique idea.

The Original Thread:
https://twitter.com/udiWertheimer/status/1087142827346354177
https://twitter.com/adam3us/status/1087315014812348417?s=20
https://twitter.com/MeniRosenfeld/status/1087663298944864256?s=20

Other works mentioned that will shed light on these ideas:
Parker Lewis's "Bitcoin Cannot be Copied":
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11
Nick Szabo's "Money, Blockchains, and Social Scalability":
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066---Money--Blockchains--and-Social-Scalability-e2ndsj

Help keep the project alive by becoming a patron! Plus join the Cryptoconomy Telelgram Crew!
patreon.com/thecryptoconomy
thecryptoconomy.com

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

Other Episodes

Episode

October 08, 2018 00:26:15
Episode Cover

Guy'sTake_001 - Poor in a World with Bitcoin, or Rich in a World Without It?

Would you give up $1,000,000 in Bitcoin today, to guarantee its success and that our future was one of sound, decentralized money?  My answer...

Listen

Episode

January 17, 2024 00:49:01
Episode Cover

Read_792 - How CTV Helps Scale Bitcoin

"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO,...

Listen

Episode

August 13, 2018 00:32:24
Episode Cover

CryptoQuikRead_129 - Responsible Disclosure in the Era of Cryptocurrencies

“On April 25, 2018, I anonymously and privately disclosed a critical vulnerability in Bitcoin Cash, one of the world’s most valuable cryptocurrencies…” - Cory...

Listen