Today we cover more specifically the consequences and risks of a divorce between miners & the network of nodes. What could the miners do, are sybil attacks proof that nodes worthless, what exactly are the incentives that keep the different players in this ecosystem working together? Don't miss another fun discussion on what defines Bitcoin, and the role that proof-of-work & validation play in this revolutionary technology.
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"The precise magnitude and schedule for the westward move is currently unknown, but all signals seem to be indicating the greatest shakeup in the...
"That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t have had the motivation...
Today we grab a section out of one of the many incredible works by Murray N. Rothbard to discuss the idea of marginal utility...