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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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We start today's show reading a short Twitter thread by @simonlutz21 which sparks a fun discussion about the presence of Proof-of-Work in nature, the...
Today we explore how the Bitcoin incentives bring together disparate groups of developers, technical operators, and users to maintain and expand the Bitcoin system...
"How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?" Today we explore how Proof-of-Work enables...
