Ep. 365 Stephan Livera Makes the Case for Small Blocks in Bitcoin
Bob Murphy Show
00:00
The Power Dynamics of Bitcoin Nodes and Block Size Debate
This chapter explores how consensus is achieved in the Bitcoin network, focusing on the influence of major exchange-operated nodes compared to individual ones. It also addresses the historical conflicts over block size, warning that increasing it could centralize power among a few entities and diminish broader participation.
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