Dan Held, Co-Founder of Interchange rejoins me in this episode to talk about the long term security of Bitcoin as it transitions to transaction fee (away from block subsidy). We discuss whether this will be a problem, or whether Bitcoin will be OK.
Basic statement of the concern
The modelling behind why Dan believes Bitcoin’s security is fine
The increasing ‘weight’ of a bitcoin transaction
How bitcoin usage will evolve in the future
Value of Bitcoin conference reflections e.g. is Proof of Work wasteful or environmentally destructive
Dan Held Links:
Dan Held Twitter: https://twitter.com/danheld)
Bitcoin’s Security is Fine article: https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8?gi=2fa1fafbf5b4)
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Stephan Livera links:
Twitter: https://twitter.com/stephanlivera)
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