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Citadel Dispatch

CD143: BITCOIN CONSENSUS ANALYSIS WITH STEVE LEE AND LYN ALDEN

11 Nov 2024

Description

Steve runs Spiral, Block's open source bitcoin initiative. Lyn is founder of Lyn Alden Investment Strategy and partner at Ego Death Capital. Steve and Lyn join the show to discuss their recent research paper on bitcoin consensus changes, the process which the network implements potential improvements, and the various stakeholders involved.Research Paper: https://github.com/bitcoin-cap/bcap Steve on Nostr: https://primal.net/moneyballLyn on Nostr: https://primal.net/lynEPISODE: 143BLOCK: 869880PRICE: 1180 sats per dollarsupport dispatch: https://citadeldispatch.com/donate nostr live chat: https://citadeldispatch.com/stream nostr account: https://primal.net/odell youtube: https://www.youtube.com/@CitadelDispatch podcast: https://serve.podhome.fm/CitadelDispatch stream sats to the show: https://www.fountain.fm/ join the chat: https://citadeldispatch.com/chatOutro Music by TIP NZ: https://primal.net/p/npub1hrctsg2qwu5gsp65gvj29968z460g0th755jq92c8uaz620lewmq6qk525(00:00:00) CNBC Squawk Box Intro(00:04:36) Introduction to Citadel Dispatch(00:06:03) Bitcoin Consensus and Protocol Changes(00:20:27) Soft Forks vs Hard Forks(00:38:47) Stakeholder Dynamics in Bitcoin(01:11:17) Power Dynamics and Investor Influence

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