Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)
Economics of Proof-of-Work Mining w/ Hasu of Uncommon Core (Ep. 0071)
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:55:45
- More information
Informações:
Synopsis
This crypto podcast was recorded live. To attend a recording and submit interview questions to guests, enter your email address here & subscribe. Today's guest is Hasu, an anonymous cryptocurrency researcher who writes for Uncommon Core and Deribit Insights. He used to be a professional poker player, an experience that informs his current work. As he explains, there is overlap between poker and cryptoeconomics. Both can be understood through game theory. This conversation is split into 4 chapters: Hasu's background Proof-of-Work & Nakamoto Consensus Game theory and the incentives behind Proof-of-Work A Q&A covering Bitcoin maximalism, declining block rewards, and how China dominated crypto mining The episode also covers the following: Mining as a way to establish consensus & distribute currency The limits of centralized solutions to the double-spend problem How to launch a 51% attack The case for uncapping Bitcoin’s supply The hidden benefits of specialized mining tech Sponsors: Crypto Loa