The Mark Moss Show cover image

All About the Ethereum Merge - Everything in Life Has a Tradeoff

The Mark Moss Show

00:00

What Is Consensus Mechanism?

Bitcoin runs on a proof of work consensus mechanism. What does that mean? Up until now, up until this technological revolution that we have happening right now, we have centralized databases. And so if a hacker wanted to hack it like Experian, the Experian database, the credit monitoring database, it's a giant honeypot. If an attacker could get that, they'd get all those users data.

Play episode from 04:53
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app