Bitcoin development is becoming more decentralised. It began with Satoshi as the sole developer and miner; now there are hundreds of Bitcoin developers and thousands of miners across the world. This system is self-correcting. If we become too centralised, we are more vulnerable to attack. If Bitcoin is attacked, it will either be forced to decentralise or die, and we can always build it again.
This is part of a talk which took place on December 6th, 2016, at the Bitcoin Cologne meetup in Köln, Germany: https://www.meetup.com/Bitcoin-Cologne/events/232687726/
Watch the full talk here: https://youtu.be/Rrj8sjHJthU
RELATED:
What is the biggest threat to Bitcoin? – https://youtu.be/1-XUbH1F0Os
Governance trade-offs in decentralised systems – https://youtu.be/dtwaW79Fj7c
The Scaling Rites of Passage – https://youtu.be/rZi86_ovB3Y
Am I in favour of activating SegWit? – https://youtu.be/9EEluhC9SxE
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-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.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
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Outro 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
Aantonop go go !! https://blockchaintechnorats.bandcamp.com/track/bitcoin-the-sewer-rat-vs-the-dao
Aantonop for President! https://soundcloud.com/talesfromthecrypto/turntabopolous
How can you say China is a highly descentralized country? As far as I know, they're one single country and when accounts in the exchanges are frozen, or some other regulation is executed, it affects the whole country. Heck, you got Bitfinex whose banks are in Taiwan, which some consider to be China, which are now refusing to take and send wires due to the Chinese government and banks.
AA claims Satoshi was one person. Any proof on that?
an alert for 2 minutes? unsubscribed.
i think you're downplaying the hash power of the chinese mining pools a bit here.
aantonop, i remember hearing you saying you like to fly planes. here is a video i bumped into, and interestingly these cost about 180-190 BTC. 🙂 hope you enjoy. http://www.pme-holding.com/wp-content/uploads/2017/01/EVADA-A4-V2-2017.mp4
1:41 Julian Assange in the audience? 😀
now the music at the end much quieter