Michael Saylor on Bitcoin Principles (SLP536)
Stephan Livera Podcast
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The Importance of Unique Proof of Work and Flaws in Proof of Stake
This chapter explores the significance of a unique custom proof of work system in Bitcoin and compares it to a proof of stake network, highlighting the flaws in the latter. It also discusses how the security of the Bitcoin network is driven by Moore's law and addresses the complications introduced by protocols that require staking capital for a certain duration.
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Transcript
