
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


