Bitcoin improvement is turning into extra decentralised. It started with Satoshi as the only developer and miner; now there are a whole bunch of Bitcoin builders and 1000’s of miners the world over. This system is self-correcting. If we turn out to be too centralised, we’re extra susceptible to assault. If Bitcoin is attacked, it’ll both be pressured to decentralise or die, and we are able to all the time construct it once more.
This is a part of a chat which came about on December sixth, 2016, on the Bitcoin Cologne meetup in Köln, Germany: https://www.meetup.com/Bitcoin-Cologne/events/232687726/
Watch the total speak right here: https://youtu.be/Rrj8sjHJthU
RELATED: What is the most important risk to Bitcoin? – https://youtu.be/1-XUbH1F0Os Governance trade-offs in decentralised programs – https://youtu.be/dtwaW79Fj7c The Scaling Rites of Passage – https://youtu.be/rZi86_ovB3Y Am I in favour of activating SegWit? – https://youtu.be/9EEluhC9SxE
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has turn out to be one of the crucial well-known and well-respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/
He is the writer of two books: “Mastering Bitcoin,” revealed by O’Reilly Media and regarded one of the best technical information to bitcoin; “The Internet of Money,” a guide about why bitcoin issues.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
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Outro Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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