We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Read_856 - It's the Settlement Assurances Stupid

Read_856 - It's the Settlement Assurances Stupid

2024/11/27
logo of podcast Bitcoin Audible

Bitcoin Audible

AI Deep Dive AI Chapters Transcript
People
G
Guy Swann
通过播客和社交媒体平台,Guy Swann 深入探讨比特币、经济理论和个人自由,影响着广大加密货币爱好者。
N
Nic Carter
Topics
Guy Swann 认为比特币的价值在于其通过工作量证明机制提供的无需信任的结算保证,这使得比特币成为一种安全可靠的价值转移工具,并且这种安全性是其他加密货币难以复制的。他强调了简单性和可靠性在网络安全中的重要性,并批评了那些试图通过增加复杂性来提高安全性的系统。他还讨论了闪电网络等二层解决方案如何提高比特币的实用性,并预测 Nostr 将成为未来比特币采用率增长的主要驱动力。 Nic Carter 则从技术角度深入探讨了比特币的结算保证,他认为评估区块链的关键在于其账本成本,即单位时间内支付给验证者的成本。账本成本越高,安全性越高。他还分析了交易规模、收益逆转、硬件垄断等因素对结算保证的影响,并指出许多声称具有快速结算的加密货币实际上结算速度远慢于比特币。他强调,区块时间是次要的,重要的是单位时间内累积的账本成本。他通过对比比特币和其他加密货币的账本成本,论证了比特币在结算保证方面的优势,并指出许多加密货币由于缺乏足够的矿工奖励而无法实现快速结算。 Nic Carter 还指出,比特币的安全性不仅取决于当前的矿工奖励,还取决于矿工对未来奖励的预期。此外,他还讨论了各种攻击向量,例如 51% 攻击、金手指攻击、顶部沉重问题和流动性衍生品市场的影响。他强调,评估结算保证需要考虑多种因素,包括账本成本、收益逆转、硬件垄断、顶部沉重问题和流动性衍生品市场等。他还对一些交易所的结算规则进行了分析,指出许多交易所对不同区块链的结算要求并不合理,并建议交易所采用更系统化的规则来评估结算保证。

Deep Dive

Chapters
The chapter explores the uniqueness of Bitcoin, focusing on its resistance to duplication and the settlement assurances derived from the costliness of the ledger. It discusses the various perspectives on Bitcoin's purpose and its capacity to facilitate value transfer with strong assurances.
  • Bitcoin resists duplication and provides unique settlement assurances.
  • Different tribes within the Bitcoin community have varying views on its purpose.
  • Bitcoin's capacity to transfer value with strong assurances is its most interesting feature.

Shownotes Transcript

"This is also an interesting case study in how Bitcoin resists duplication. You can create something which looks cosmetically similar to Bitcoin, but you cannot replicate the settlement assurances which derive from the costliness of the ledger."****— Nic Carter``

A correction needs to be made. Thanks to a great thread by Anilsaidso, with a list of fundamental pieces in Bitcoin in order to grasp a deeper understanding, Bitcoin Audible had audio of all of them in the feed, except one. While I'm certain I have the audio somewhere, its time to get it back in the feed with a brilliant piece explaining one of the most misunderstood elements of Bitcoin, the value it provides, and why nothing else competes. There is no second best, and this will help to understand why. It's the Settlement Assurances, Stupid, by Nic Carter.````

Check out the original article at It’s the settlement assurances, stupid by Nic Carter) (Link: https://tinyurl.com/c38sm5ah)``**``**

Anilsaidso's Excellent list of Bitcoin Fundamentals``

``

Host Links

Check out our awesome sponsors!

Get ⁠5% off the COLDCARD⁠) with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)

Trying to BUY BITCOIN?

Bitcoin Games!

Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids)! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Bitcoin Custodial Multisig

Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp)

Education & HomeSchooling

Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty) 

"Any fool can know. The point is to understand"``— Albert Einstein