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3min chapter
Ep. 365 Stephan Livera Makes the Case for Small Blocks in Bitcoin
Bob Murphy Show
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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