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

March 26, 2019 00:59:26
Episode Cover

GuysTake_009 - A Trust Model Comparison: Bitcoin vs. the Mighty Dollar

Disclaimer: If you are an ardent supporter of government projects, believe in the moral fiber of politicians, and in the power of voting to...

Listen

Episode

June 01, 2023 01:01:49
Episode Cover

Read_735 - When Bitcoin Meets AI [Svetski]

"The idea of a language user interface as the next step from the thumb tapping we’ve become used to over the past decade is...

Listen

Episode

January 19, 2022 01:39:29
Episode Cover

Read_595 - Money Messiah: Part 2 [John Vallis]

"Money, in the ideal (which we’ll likely always only ever strive for, and not achieve), turns a portion of ‘our work, here and now’,...

Listen