Read_761 - A Sound Bitcoin Financial System [Alex B]
Bitcoin Audible29 Aug 2023

Read_761 - A Sound Bitcoin Financial System [Alex B]

"I believe it’s important to go back to what this sovereignty is made of. Bitcoin works because an economic majority is aligning incentives for every constituent of the network. The longer tail of the economic distribution may choose to run a node and validate consensus but ultimately consensus follows the money."

Alex B.

Today we close out the lengthy back and forth over the evolutionary path of Bitcoin to a billion + users. Alex B brings us a great followup with a less technical and more abstract understanding of the security model of Bitcoin itself and collaborative custody, through the lens of the economic majority enforcing the honesty of all players. Don't miss another great read.

Check out the original article at : A sound Bitcoin financial system. A sound Bitcoin financial system | by Alex B. | Aug, 2023 | Medium

Links to the other articles in this series and those mentioned in the Guy's Take:

Read_760 - Drivechain's Place in Bitcoin's Future - Bitcoin Audible | Podcast on Spotify

Read_758 - Scaling and Consensus Changes [James O'Beirne⁠] - Bitcoin Audible | Podcast on Spotify]

Read_757 - Putting the B in BTC [Anthony Towns] - Bitcoin Audible | Podcast on Spotify

Read_755 - Drivechains - Bitcoin Audible | Podcast on Spotify

Chat_80 - Building the Ark with Burak - Bitcoin Audible | Podcast on Spotify

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

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

“Man cannot discover new oceans unless he has the courage to lose sight of the shore.”

― Andre Gide

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

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1401)

Roundtable_024 - The Aftermath

Roundtable_024 - The Aftermath

The roundtable is back, but we're missing a familiar face. Mechanic has officially stepped down from Ocean, so it’s just Jeff, Steve and I digging into the aftermath of BIP110, from why the soft fork ...

8 Sep 2h 6min

Was it all a "Retirement Attack"? (Coldcard Q&A P2)

Was it all a "Retirement Attack"? (Coldcard Q&A P2)

In this episode I continue unpacking the Coldcard RNG disaster, wrestling with whether it was malicious or just shockingly incompetent design and attitude. I walk through how arrogance, licensing chan...

6 Sep 19min

Is Rolling Your Own Entropy The New Standard? (Coldcard Q&A P1)

Is Rolling Your Own Entropy The New Standard? (Coldcard Q&A P1)

In this Guy's Take, I walk through listener questions and comments on the Coldcard random number generation failure and what it really means for Bitcoin self-custody. We dig into why the RNG bug went ...

3 Sep 22min

Chat_178 - Our Burden To Carry with American HODL, Erik Cason, and Brandon Quittem

Chat_178 - Our Burden To Carry with American HODL, Erik Cason, and Brandon Quittem

***"In the early days, the average user could probably use a Coldcard and know the amount of entropy required. The average Bitcoin user today, no clue. And so the times have changed, our message shoul...

1 Sep 2h 16min

Learning the Wrong Lessons

Learning the Wrong Lessons

Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea that self-custody is dead, and "don't trust, verify" failed us. I ...

28 Aug 16min

Chat_177 - Security Is Just a Hard Problem with Lloyd Fournier

Chat_177 - Security Is Just a Hard Problem with Lloyd Fournier

***"I think that self custody is not going to be dead. I think that there is going to have to be a group, a vanguard of people that do this and take it seriously. The revolution won't work without tha...

25 Aug 2h 3min

BIP110 vs UASF: Do the Suitcoiners Control Bitcoin?

BIP110 vs UASF: Do the Suitcoiners Control Bitcoin?

In this episode, I unpack the claim that BIP110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between miners and validating nodes, compare BIP...

20 Aug 11min

Chat_176 - Is Every Conspiracy True? with Talip

Chat_176 - Is Every Conspiracy True? with Talip

***"Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you? No. Because, it is, at the end of the day, their custody. Wh...

18 Aug 1h 40min

Populärt inom Teknik

uppgang-och-fall
bilar-med-sladd
market-makers
rss-elektrikerpodden
elbilsveckan
rss-laddstationen-med-elbilen-i-sverige
skogsforum-podcast
rss-veckans-ai
rss-technokratin
bli-saker-podden
rss-en-ai-till-kaffet
solcellskollens-podcast
natets-morka-sida
 och-bilen-gar-bra
ai-sweden-podcast
rss-uppgang-och-fall
klocksnack-tillsammans-med-nymans-ur-1851
rss-it-sakerhetspodden
rss-digitala-influencer-podden
hej-bruksbil