5min chapter

Uncommon Core 2.0 cover image

The Merge (Part 1) - with Danny Ryan, Tim Beiko, and Hasu

Uncommon Core 2.0

CHAPTER

Bitcoin Mining

In proof of work, if somebody picks up 51 % of the mining power and starts attacking the chain, you have like two options. You can either keep the chain operating under tislike weird censor condition, or you can choose to change the mining algratem. In bit coin, the only other type of minin algratem you could consider is something where there's general purpose kind of computers available. But what if your htacker had thought a step ahead of you, and they also no 51 % of minabll gp us under their control? There's just literally no other computing device you can move to.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode