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.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Hyperbitcoinization is defined by the Nakamoto institute as “a voluntary transition from an inferior currency to a superior one, and its adoption is a...
Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but...
You've likely been fed the narrative that inflation stimulates spending, benefits the economy, and that government expenditures have a profound 'multiplier effect.' This is...