Read_758 - Scaling and Consensus Changes [James O'Beirne⁠]

Bitcoin Audible

"When reading a draft of this post, my wife got kind of depressed right around here. Her macabre question, basically, is: “if everyone just winds up interacting with sidechains, and not Real Bitcoin, hasn’t the whole thing failed? At every point you’re dealing with some token that isn’t really bitcoin."

— James O'Beirne⁠

Continuing the thread of discussions in a series of articles on sidechains and trying to frame our thinking for a Bitcoin future where billions can take advantage of its sovereignty, inflation resistance, and security, we dive into James O'Beirne's follow up to Anthony town's article in read 757. If we are all stuck in sidechains and semi-custodial systems, then did we actually fix anything, or was the whole idea a failure from the start?

Check out the original article at : Thoughts on scaling and consensus changes (2023) - Protocol Design - Delving Bitcoin

If you missed the previous episode, it lays important context for today's read: Read 757

Don't forget to check out our amazing sponsors!

• 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠
• Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠
• Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠

-------------------------

"The chief evil is unlimited government…nobody is qualified to wield unlimited power.” — F.A. Hayek

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message