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26min chapter
Read_856 - It's the Settlement Assurances Stupid
Bitcoin Audible
The Trust Revolution: Bitcoin's Role in Decentralization
This chapter examines how Bitcoin and decentralization foster trust without traditional authorities, highlighting the Noster platform's effectiveness for digital communication. It discusses the reliability of 'dumb' networks compared to complex systems like Ethereum, emphasizing Bitcoin's simpler proof of work model. Furthermore, the chapter explores the intricacies of blockchain security, including the implications of 51% attacks and the dynamics of mining technology in maintaining network security.
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