Read_541 - A Treatise on Altcoins [Andrew Poelstra]

July 07, 2021 01:33:06
Read_541 - A Treatise on Altcoins [Andrew Poelstra]
Bitcoin Audible
Read_541 - A Treatise on Altcoins [Andrew Poelstra]

Jul 07 2021 | 01:33:06

/

Hosted By

Guy Swann

Show Notes

"Of course, “developing your own cryptosystem” is the purview of only cranks and researchers, so it was reasonably assumed that none of these “altcoins”, as they were called, could ever be plausibly presented for public use. Boy, were we ever wrong on that one" - Andrew Poelstra How did we find ourselves in an environment where people copy/paste "crypto tokens" on a daily basis, and foundational cryptographic infrastructure is tossed around like casino chips? Prior to the days of Bitcoin, no one would have ever taken such projects seriously, but enter the ability to make money off fools and everything changes. Dont miss an incredible piece from Bitcoin developer Andrew Poelstra atempting to break down the major flaws and failures of philosophy on the entirety of what is know today as "altcoins." A Treatise on Altcoins: https://download.wpsoftware.net/bitcoin/alts.pdf Check out tons of other great works & discussion at BitcoinAudible.com! Search the library for any topic or work you would like to hear, including other great pieces from Erik Cason. Don't forget your goodies from our awesome sponsors! 5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch And $10 in sats for FREE by starting your automatic savings plan at SwanBitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 17, 2020 00:41:44
Episode Cover

Read_404 - ION Beta Launches on Bitcoin Mainnet [Peter Chawaga]

"ION will decentralize the way that messages and application data is encrypted and exchanged." - ION Announcement With the help of Casa and a...

Listen

Episode

March 19, 2020 00:48:36
Episode Cover

CryptoQuikRead_368 - EARN IT Attacks Online Security & Privacy [EFF, Elliot Harmon]

"Make no mistake: the EARN IT Act is a vehicle to undermine end-to-end encryption." - Elliot Harmon A very important episode on a topic...

Listen

Episode

January 27, 2021 00:47:48
Episode Cover

Read_489 - The Cantillon Effect 2.0 - Bitcoin is the First Truly Fair Money [CK_snarks & Deniz Saat]

“Because of Nakamoto’s deliberate actions and Bitcoin’s permissionless, free & open-source nature, bitcoin is the first truly neutral money. Bitcoin eliminates the inherent unfairness...

Listen