What Bitcoin Did cover image

The OP_RETURN War: Who Controls Bitcoin w/ Bitcoin Mechanic

What Bitcoin Did

00:00

Bitcoin Relay Policies and Miner Centralization

This chapter explores the intricate relationship between Bitcoin's relay policies and the centralization of miners, examining how various mempool structures impact decentralized transaction processing. It critiques fee estimation techniques and highlights the necessity for a diverse array of nodes to ensure network resilience against centralized mining entities. The discussion emphasizes the ongoing power dynamics between miners and nodes, advocating for decentralized solutions to uphold the integrity of the Bitcoin network.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app