Bitcoin.Review Podcast with NVK & Guests cover image

BR031 Cashu & Fedimint: ecash, Bitcoin's layer 3 & scalability ft. Calle, E Sirion, Rijndael & Odell

Bitcoin.Review Podcast with NVK & Guests

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The Importance of Proof of Work in Bitcoin

After BFT content, you can pretty much think about the system as if it was a completely centralized one. If all your further operations are deterministic, like just deterministically applying functions on top of the output from the consensus, then don't really have to think about it being a distributed system all that much anymore. So please do go in there because you know, if this was perfect, right, we would have a need proof of work. There is some trade offs that are made,. And that's I think it's important part for us to get into.

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