58 min listen
TBP53 - Tough Math
ratings:
Length:
85 minutes
Released:
Apr 18, 2016
Format:
Podcast episode
Description
This week we get James D'Angelo in the studio to explore his new data and stance that miners are in trouble. His math holds up though and we find out the problem with proof of work is that it is completely mistaken. Satoshi made a fundamental mistake and we're just going to have to get over it. And his mistake was right there in the whitepaper; it says, "one CPU is one vote". What we really have to come to terms with is it's basically centralized from the very day in 2012 when there was a high number of miners and ASICs came in and mining started to centralize. And it's centralizing exponentially; we don't know the numbers but I think almost everyone can feel it.
Released:
Apr 18, 2016
Format:
Podcast episode
Titles in the series (100)
TBP06 - Aboard the Pequod: Don’t know what a Pequod is? Google it! It’s quite relative to who is joining us at the roundtable this week — WhaleClub TeamSpeak! We invite a few guys from the Bitcoin Trader community of 250+ users that focus all day, everyday on TA & market moving events in the crypto-sphere. In addition, Corey and Demetrick’s old college pal Gray Noguera swings by to tell a tale of mining — and not the black lung kind. by Logos Podcast with Jarrad Hope