What is Bitcoin’s total network uptime? What caused the short downtime events in 2010 and 2013? How are emergency situations handled?
This question is from the October monthly patron session, which took place on October 26th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money” series, and “Mastering Ethereum.”
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
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bitcoin is a big waste of electricity, bitcoin is garbitch in my opinion , there are more efficient and used altcoins in the market
Bitcoin uptime as a currency is less than 10%, only 2m wallets with a 1k $ worth of bitcoin in it in 10 years!
I know that that there are watchtowers in lightning, but do you know if there are watchtowers for atomic swaps, or for hashed time locks in general?
Am I correct?
Block in average will takes 10 minutes whether is one miner or 100.000 miners?
What about merchands accepting Bitcoin with 0 confirmations?
I mean here in switzerland train station ticket machine, we can buy Bitcoin. And everytime I bought some I receive into my wallet without any confirmations! I know I can not use them until somes confirmations but that's ok as long as it take 0 confirmations!
Is not like double spend or 51% attacks will appear during a $1 Bitcoin transactions, right?
Poor Andreas has run out of things to talk about…the sad result of there being ZERO progress in real-world Bitcoin adoption (as money). It really is sad 🙁
Love this info, thanks andreas!
Andreas m antonopoulos is the crypto gentleman.