Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Swan Signal Live - A Bitcoin Show
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Bitcoin's Proof-of-Work and Small Block Design
In a proof-of-work system like the Bitcoin network, power is more distributed between miners, developers and individual nodes. If miners try to collude in mine blocks that are invalid, the node network won't accept them. The Block-Size War was a real-world test of Bitcoin's level of decentralization. Increasing the block size allows the network to process more transactions per unit of time.
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