HomeTagsConsensus

Consensus

TAKES

Low Fees Are A Symptom Of Deeper Problems

Shinobi -
People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not.
CULTURE

The Consensus Conundrum

James O'Beirne -
Bitcoin faces a one-of-a-kind leadership problem.
TAKES

To Succeed Bitcoin Needs Something New, Not More of the Same

Shinobi -
Replicating the same types of services and applications of the legacy world on Bitcoin necessitates interacting with the legacy world, giving them leverage over Bitcoin.
CULTURE

A Denial Of Service Attack On Bitcoin Consensus

Shinobi -
The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, its because of the people refusing to listen in good faith.
CULTURE

The Difficult Adjustment

Mark Goodwin -
A call to arms for innovation, cooperation and a change in Bitcoin’s discourse to create the means for Bitcoin to fulfill its potential. From “The Primary Issue”.
TECHNICAL

Proof-Of-Work Is The Only Viable Form Of Consensus

Pierre Gildenhuys -
Bitcoin’s consensus mechanism ensures that work needs to be done in order for transactions to confirm and secures bitcoin in the fairest manner.
TECHNICAL

Learning From The LND Bug That Could Have Robbed The Lightning Network

Shinobi -
A bug resulting in the stalling of LND and btcd nodes had minimal impact — but it could have been much worse.
TECHNICAL

Nothing’s Cheaper Than Proof-Of-Work Consensus

Bitcoin Magazine -
All roads lead to proof-of-work because it is the most efficient and fairest way to come to consensus, without having a rich-get-richer problem.
TECHNICAL

Softchains Bring Two-Way Pegs And Potential Room For Use Cases — But Not Without Security Costs

Shinobi -
Softchains are a sidechain implementation that interact on a deeper level with consensus mechanisms, which can bring benefits and risks.
TECHNICAL

Proof-Of-Work Is Objective, Proof-Of-Stake Is Not

Alan Szepieniec -
The proof-of-work consensus mechanism used in Bitcoin is an objective measure of history which cannot be changed on the whims of validators.
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