Who are the maintainers of Bitcoin Core and what are their privileges? What is the difference between contributors, committers, and maintainers? How do we build Bitcoin’s immune system against social attack? How do we achieve decentralized decision-making? Pay attention to the technology, not the people. Regulation in Bitcoin is done algorithmically, not politically.
NOTE: At 2:21, I forgot the name of Samuel Dobson, the wallet maintainer, but his name has been included in the video subtitles.
More about the Bitcoin Core project:
https://bitcoincore.org/en/team/
https://bitcoincore.org/en/contact/
https://github.com/bitcoin/bitcoin/blob/master/contrib/verify-commits/trusted-keys
Jameson Lopp: “Who Controls Bitcoin Core?” – https://medium.com/@lopp/who-controls-bitcoin-core-c55c0af91b8a
These questions are from the Polish Bitcoin Congress (Polski Kongres Bitcoin), the Seattle ‘Internet of Money’ tour event, and the December monthly subscriber session, which took place on May 12th, November 10th, and December 15th 2018, respectively.
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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Hyperbitcoinization – https://youtu.be/AB5MU5fXKfo
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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.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
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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
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
source
You have amazing subtitles ???
FREEDOM OF SPEECH
Could it be that the people who have the financial power on earth are imitating Bitcoin's cappacities, in order to make bitcoin insecure and
invisable?
FUCK THE SYSTEM
Is it possible to use 51% attack on bitcoin in order to compromise the trust in underlying technology? It is said that it would cost 300K usd for one hour attack. So for 10 days it would cost 72 mln. This is nothing for government or other institution that would gladly demolish bitcoin as future form of independent money. And another scenario: sice fiat can be printed with no limit what is the problem for those who put constant sell orders on bitcoin and to pay with fiat for keeping the prices low and discourage people of investing in bitcoin?
Nice to see my live question on the channel. Amazing answer.
Can you explain this?
https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki
Smashed the like
Love it, as always. Here's a question that the Maximalists won't (or can't) answer.
How is BTC not a plutocracy? High cost of entry that less than 1% of the world's population can participate in (mining or running node). How is Bitcoin any different than the Federal Reserve asking poor people of color to "trust" rich white people that they'll be honest with the money? They may be honest now, but we all know what happens when power accumulates in the hands of the few over long periods of time. And as mining becomes more difficult, that power will be in the hands of fewer and fewer people.
My solution would be a variation on Grin that rewarded miners on an average of computational power. Let people with smart phones to super computers mine and the average output receives most reward and it shrinks towards either end. The goal being, everyone in the world on any device is able to participate in the process without having to trust any other person or cartel (which Bitcoin mining most absolutely is right now). We've already seen the Bitcoin Cash fiasco because rich miners and node runners refused to change the block sizes and push through Segwit to lower prices, essentially gouging average users. So we already have proof that the poor and those living in developing nations have to be at the whim of the miners and node runners to use it. It's definitely not a "currency for the people".
As long as Bitcoin is a Plutocracy, it can never be democratic because wealth disparity is undemocratic. Bitcoin is in direct conflict with democracy.
POWER TO THE PEOPLE
With the recent decrease in bitcoin over the last year, is it still worth investing in and holding.
You lost me at "github" which is the greatest risk to all that is stored there because of the recent buy out by Bill Gates – King of all chaos and virus frustrations the world has ever seen.
Hmmmmm……. ??? we rely on those 5 devs to make all the right commits and not too many fatal commits…. So there is a vulnerability there. If one of those devs is compromised then bitcoin could be broken… FUD around that fact.
one attac vector is bitmain and its "monopol" in ASIC. Liquidity brings decentralization in the social layers …hopefully. We are dependent on the regulators.
I hope all is well. There's a very little known project called 0xBitcoin. 0xBTC is the first implementation of the EIP918 mineable token standard which opened up the possibility of a whole new class of mineable assets on Ethereum. Using an SHA3 mining algorithm and on-chain Proof of Work, 0xBitcoin esentially mimics the fundamental properties of Bitcoin (BTC). 0xBitcoin is the first mineable erc20 token. 0xBTC has a 21 million hard cap and regular, automatic difficulty adjustments. Without any ICO, airdrop, pre-mine, or founder’s reward, 0xBitcoin is arguably the most decentralized asset in the Ethereum ecosystem, including even Ether (ETH), which had a large ICO.? 0xBitcoin is entirely community run and managed. The token's smart contract is immutable, so no alterations to the distribution code can be made. What are your thoughts?
If bitcoin suffers any type of serious security attack it will set back the whole space for many years. Whereas any alt can suffer a deadly attack and the space will carry on as normal. An ether hack would be rough but not fatal for the space.