3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC094: The Book of Satoshi w/ Phil Champagne (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Cash and the DNS

I hope you don't mind, I plan on reading a couple of things from the book that I just find quite fascinating. He talks about mining and how it would turn into. You're talking about the DNS, right? Yes. So therefore, completely decentralizing those things. But he didn't want to alter Bitcoin for that because with proof of work, if you had two competing currencies usingProof of work, one will be subject to 51% attack. If a few miners should jump on it and then move things around or so there'll be more of a danger.

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