GuysTake_012 - Full Nodes or Nothing, The Story of Validation [Part 1]

May 08, 2019 01:00:40
GuysTake_012 - Full Nodes or Nothing, The Story of Validation [Part 1]
Bitcoin Audible
GuysTake_012 - Full Nodes or Nothing, The Story of Validation [Part 1]

May 08 2019 | 01:00:40

/

Hosted By

Guy Swann

Show Notes

When we dig to the very base elements of Bitcoin, we find it is merely digital points.  What make these integers different from identical ones on billions of other computers?  It is the rules that restrict the editing of those specific integers we call Bitcoin, in other words, it is the network of validating nodes that define it. In this episode you will hear Part 1 of my argument as to why.

Don't forget to check out @StopAndDecrypt's relevant article series and the amazing graphics for visualizing the relationship between nodes, miners, and the network by visiting the page below:
https://medium.com/@StopAndDecrypt

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

Other Episodes

Episode

September 03, 2020 00:36:15
Episode Cover

Read_436 - Don't Fear the Reaper [Nic Carter]

"Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin." - Nic Carter Nic does...

Listen

Episode

September 07, 2023 01:08:09
Episode Cover

Guy's Take #70 - But Deflation is Bad

A deflationary money is going to destroy the economy! If the value of money keeps going up, then no one will ever spend it!...

Listen

Episode

November 20, 2020 01:04:20
Episode Cover

Shitcoin Insider #003 - Move Fast & Break Ethereum with Udi Wertheimer

Just in time for one of the various ETH hard forks, both intentional and unintentional, we dig into the dirty details with Udi Wertheimer...

Listen