CryptoQuikRead_327 - Bitcoin is Worse is Better [gwern]
Bitcoin Audible9 Dec 2019

CryptoQuikRead_327 - Bitcoin is Worse is Better [gwern]

Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey” style, Bitcoin doesn’t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible.

Today we read a fascinating piece from Bitcoin’s rich history, originally published in 2011, and edited, added to, and updated for years since. At Gwern.net, Bitcoin is Worse is Better:
https://www.gwern.net/Bitcoin-is-Worse-is-Better

Don’t forget to check out the original piece with a literal ocean of links and further exploration. If you want to waste 15 minutes, or half a day, there’s more than enough to explore.

As a great (& short) read to accompany this on the “Rise of Worse is Better” philosophy, check out the original post by Richard P. Gabriel below:
https://dreamsongs.com/RiseOfWorseIsBetter.html

For more on the history of Bitcoin, the open source movement, and the “worse is better” design philosophy, I highly recommend the Iterative Capital Thesis on The Cryptocurrency Phenomenon:
https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq

If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy

--- 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(1398)

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

Coldcard Emergency - MOVE YOUR BITCOIN NOW

Coldcard Emergency - MOVE YOUR BITCOIN NOW

This is an emergency episode to warn everyone of the catastrophic Coldcard entropy bug that’s letting attackers regenerate users’ keys and drain wallets without device access. I walk through concre...

31 Juli 29min

Populärt inom Teknik

uppgang-och-fall
market-makers
rss-laddstationen-med-elbilen-i-sverige
rss-elektrikerpodden
rss-technokratin
skogsforum-podcast
natets-morka-sida
elbilsveckan
rss-en-ai-till-kaffet
 och-bilen-gar-bra
rss-veckans-ai
klocksnack-tillsammans-med-nymans-ur-1851
hej-bruksbil
bilar-med-sladd
rss-fabriken-2
bli-saker-podden
rss-en-liten-podd-om-it
rss-it-sakerhetspodden
rss-aximapodden
rss-elektrifieringspodden