GuysTake_013 - Nodes vs Miners, Who Defines Bitcoin?

May 09, 2019 01:14:22
GuysTake_013 - Nodes vs Miners, Who Defines Bitcoin?
Bitcoin Audible
GuysTake_013 - Nodes vs Miners, Who Defines Bitcoin?

May 09 2019 | 01:14:22

/

Hosted By

Guy Swann

Show Notes

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

Other Episodes

Episode

September 23, 2021 01:32:05
Episode Cover

Read_562 - Only the Strong Survive - Part 1 [Allen Farrington & Big Al]

"The consensus is what matters. The breakthrough of proof-of-work and the difficulty adjustment is far more about harnessing energy and existing communications infrastructure to ...

Listen

Episode

September 10, 2020 00:49:38
Episode Cover

Read_438 - Blockchain Proof of Work is a Decentralized Clock [grisha]

"This explanation rests on illustrating a few interesting properties of how Proof-of-Work is used in the blockchain that are not immediately obvious and sometimes...

Listen

Episode

December 21, 2023 01:04:12
Episode Cover

Ai_011 - The Fears of Ai

Ai is a powerful tool, and thus, necessarily comes with incredible risk. It could obsolete millions of workers, taking jobs and productive capacity away...

Listen