CryptoQuikRead_354 - Why Proof of Reserves is Important to Bitcoin [Mauricio Di Bartolomeo]
Bitcoin Audible19 Feb 2020

CryptoQuikRead_354 - Why Proof of Reserves is Important to Bitcoin [Mauricio Di Bartolomeo]

"Bitcoin is a movement founded on individual monetary sovereignty, transparency and peer-to-peer auditability enabled by a breakthrough in technology. […] The technology to provide auditability and transparency for bitcoin held in custody has been inherent to the protocol from its inception. However, the industry has been slow to incorporate" -Mauricio Di Bartolomeo

Bitcoin, as a new asset class, provides us with one of the most powerful tools for financial security in a custodial context: cryptographic proofs of reserve. We would be foolish to not make use of it. Let us not repeat the mistakes of the past.

Another great piece from Bitcoin Magazine to shine light on a critical issue for a future with sustainable sound money. Don't miss the short article and Guy's take to follow! Link to the original below:
https://bitcoinmagazine.com/articles/why-proof-of-reserves-is-important-to-bitcoin

A huge thanks to the LTBNetwork. Don't forget to check out the tons of other great shows on their platform!

Other's mentioned in the show:
2019 Saw the Most Exchange Hacks Ever:
https://bitcoinmagazine.com/articles/2019-saw-most-exchange-attacks-ever-with-hackers-becoming-more-savvy
**Nic Carter's Tweets on PoR
**https://twitter.com/nic__carter/status/1229599601440829440?s=20

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

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1399)

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

Chat_175 - Building in the AI Era with Luís Novo & Matt Ahlborg

Chat_175 - Building in the AI Era with Luís Novo & Matt Ahlborg

***"It's going faster than most people thought. We thought that these models would be useful, but not extremely useful, for a while. Now you look at this and you feel [that] if I'm not using this the ...

12 Aug 1h 23min

Roundtable_023 - Staying Humble

Roundtable_023 - Staying Humble

In this episode, Steve, Jeff, and I walk through the catastrophic Coldcard entropy failure, how a trusted hardware wallet ended up generating weak keys, and how attackers are now brute-forcing Bitcoin...

4 Aug 1h 55min

Populært innen Teknologi

lydartikler-fra-aftenposten
tomprat-med-gunnar-tjomlid
teknisk-sett
energi-og-klima
nasjonal-sikkerhetsmyndighet-nsm
elektropodden
teknologi-og-mennesker
hans-petter-og-co
fornybaren
rss-digitaliseringspadden
rss-heis
rss-snakk-om-sikkerhet
rss-alt-som-gar-pa-strom
shifter
smart-forklart
rss-ai-forklart
rss-teknologioptimistene-en-podkast-om-teknologi-og-mennesker
rss-grenser-for-ki
rss-kunstig-intelligens-med-elisabeth-maren-og-morten
rss-ki-til-kaffen