Understanding Hard and Soft Forks in Crypto

Steve runs Spiral, Block's open source bitcoin initiative. Lyn is founder of Lyn Alden Investment Strategy and partner at Ego Death Capital. Steve and Lyn join the show to discuss their recent research paper on bitcoin consensus changes, the process which the network implements potential improvements, and the various stakeholders involved.

Research Paper: https://github.com/bitcoin-cap/bcap

Steve on Nostr:
https://primal.net/moneyball

Lyn on Nostr:
https://primal.net/lyn

EPISODE: 143
BLOCK: 869880
PRICE: 1180 sats per dollar

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Outro Music by TIP NZ: https://primal.net/p/npub1hrctsg2qwu5gsp65gvj29968z460g0th755jq92c8uaz620lewmq6qk525

(00:00:00) CNBC Squawk Box Intro

(00:04:36) Introduction to Citadel Dispatch

(00:06:03) Bitcoin Consensus and Protocol Changes

(00:20:27) Soft Forks vs Hard Forks

(00:38:47) Stakeholder Dynamics in Bitcoin

(01:11:17) Power Dynamics and Investor Influence