Read_758 - Scaling and Consensus Changes [James O'Beirne⁠]

August 21, 2023 01:13:39
Read_758 - Scaling and Consensus Changes [James O'Beirne⁠]
Bitcoin Audible
Read_758 - Scaling and Consensus Changes [James O'Beirne⁠]

Aug 21 2023 | 01:13:39

/

Hosted By

Guy Swann

Show Notes

"When reading a draft of this post, my wife got kind of depressed right around here. Her macabre question, basically, is: “if everyone just winds up interacting with sidechains, and not Real Bitcoin, hasn’t the whole thing failed? At every point you’re dealing with some token that isn’t really bitcoin."

James O'Beirne⁠


Continuing the thread of discussions in a series of articles on sidechains and trying to frame our thinking for a Bitcoin future where billions can take advantage of its sovereignty, inflation resistance, and security, we dive into James O'Beirne's follow up to Anthony town's article in read 757. If we are all stuck in sidechains and semi-custodial systems, then did we actually fix anything, or was the whole idea a failure from the start?


Check out the original article at : Thoughts on scaling and consensus changes (2023) - Protocol Design - Delving Bitcoin

If you missed the previous episode, it lays important context for today's read: Read 757


Don't forget to check out our amazing sponsors!

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

"The chief evil is unlimited government…nobody is qualified to wield unlimited power.” — F.A. Hayek

--- 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

September 27, 2019 01:02:29
Episode Cover

GuysTake_024 - But Lightning Enables...

Finishing up our Lightning week on the show, I've got a Guy's Take on all the different applications I think are viable here in...

Listen

Episode

September 25, 2024 01:58:47
Episode Cover

Chat_113 - China's Surveillance State, CBDC's, Shifting Paradigms, and the Bitcoin Wildcard with Roger Huang

"Stablecoins are acting in a way where they're bottoms up becoming a country. Countries are trying to reason with it, and the one thing...

Listen