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#244: The Quiet Master of Cryptocurrency -- Nick Szabo

The Tim Ferriss Show

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What Is a Fork of Bit Coin?

There's a fork of bit coin called light coin, which uses te different mining algorithm to authenticate the miners. There's another for for called z cash, which uses different privacy routines to basely allow for private transactions. Every note is a full ledger, but it's cryptographically a hidden so you can't tell who sent who how much money. The debate right now in the bitcoin world wer they're fighting over ah and do you increase the size of the ledger? It's the block size debate. And there's competing designs for the second layer on top: lightning network or micro payments.

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