Read_753 - Bitcoin Timestamp Security [Jameson Lopp]

July 27, 2023 00:32:49
Read_753 - Bitcoin Timestamp Security [Jameson Lopp]
Bitcoin Audible
Read_753 - Bitcoin Timestamp Security [Jameson Lopp]

Jul 27 2023 | 00:32:49

/

Hosted By

Guy Swann

Show Notes

"Bitcoin is often referred to as a secure timestamping service. We never had a global record of truth with trustworthy timestamps, so how did this come about? It’s generally due to Proof of Work being combined to a few simple rules by which miners must abide." — Jameson Lopp


Can Bitcoin's sense of time be broken? The security and probabilistic assurances of Bitcoin seem simple on their face, but when you dive a little deeper, there is so often tons of nuance and quiet brilliance to unpack around even a seemingly simple element, like recording what time the block was produced. Jameson Lopp brings us another excellent deep dive into the nature of Bitcoin as a secure timestamp server. What it means, how reliable it truly is, and what it looks like when it breaks.


Check out the original article: Bitcoin Timestamp Security


A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!


-------------------------

“When you want to know how things really work, study them when they're coming apart.” ― William Gibson

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 04, 2018 01:02:27
Episode Cover

CryptoChat_005 - Brady Swenson on Being an Informed Bitcoin Citizen

Hashing out all the major pain points, who to trust, building your filter, and where to start when it comes to learning everything about...

Listen

Episode

June 22, 2020 01:19:36
Episode Cover

Read_407 - The Bullish Case for Bitcoin [Vijay Boyapati]

"the adoption of a superior form of money has tremendous multiplicative benefits to wealth creation for all members of a society." - Vijay Boyapati...

Listen

Episode

October 23, 2018 01:09:14
Episode Cover

CryptoChat_007 - The One and Only @Real_Vijay

Today we chat with @Real_Vijay about Bitcoin maximalism, growing internet censorship, standing up to Google, the troubles of BCH, the fall of Bitmain, and...

Listen