Why Bitcoin Should Not Ossify - Steve Lee SLP569

Apr 29, 2024

Steve Lee, Lead @ Spiral, joins to discuss why Bitcoin should not ossify and the risks of mining pool centralization. They delve into the importance of ongoing software updates, the significance of reproducible builds for security, and the dangers of power concentration in mining pools. The conversation also highlights efforts to simplify Bitcoin purchases and visualize blockchain data, emphasizing the need for consistent evolution over ossification.

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Introduction

00:00 • 4min

Evolving Bitcoin Core Software for Security and Decentralization

03:37 • 27min

Efforts to Simplify Bitcoin Purchases and Visualize Blockchain Data

30:37 • 3min

Enhancing Bitcoin Security Through Reproducible Builds

33:47 • 15min

Securing and Mining in the Bitcoin Network

48:31 • 5min

Exploring the Significance of Competition and Barriers in the ASIC Chip Business

53:50 • 3min

Bitcoin Mining Centralization Risks and Payment Pool Payouts

56:55 • 27min