BTC095: Bitcoin Time Stamping w/ Pierre Rochard (Bitcoin Podcast)
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The Timekeepers of Bitcoin
This chapter explores the intricacies of timekeeping within the Bitcoin network, discussing the potential consequences of time manipulation on consensus and the challenges faced by nodes and miners. It contrasts Bitcoin's decentralized timekeeping with centralized alternatives, emphasizing the reliability of its slow but steady confirmation process. Additionally, the chapter highlights the significance of the Lightning Network for efficient transactions and the complexities of staking in the cryptocurrency ecosystem.
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