BTC009: Bitcoin Engineering w/ Core Developer Jimmy Song (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Bitcoin Taproot and the Power of Users
This chapter explores the development of the Bitcoin Taproot upgrade, highlighting the collaborative efforts of developers and community participants. It discusses the power dynamics between miners and users, particularly during the activation process, and reflects on the implications of centralization in Bitcoin mining. Additionally, the chapter addresses the mechanics and risks of 51% attacks on the network, illustrating the complexities of blockchain integrity and the importance of user governance.
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