Dan Held, Co-Founder of Interchange rejoins me in this episode to talk about the long term security of Bitcoin as it transitions to transaction fee (away from block subsidy). We discuss whether this will be a problem, or whether Bitcoin will (probably) be OK.
- Basic statement of the concern
- The modelling behind why Dan believes Bitcoin’s security is fine
- The increasing ‘weight’ of a bitcoin transaction
- How bitcoin usage will evolve in the future
- Value of Bitcoin conference reflections e.g. is Proof of Work wasteful or environmentally destructive
Dan Held Links:
- Dan Held Twitter: https://twitter.com/danheld
- Bitcoin’s Security is Fine article: https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8?gi=2fa1fafbf5b4
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