Talk Bitcoin to Me

Ep 4.0: How Bitcoin WORKS

March 05, 2021 talkbitcointome Season 1 Episode 6
Talk Bitcoin to Me
Ep 4.0: How Bitcoin WORKS
Show Notes

Our longest ep yet explores the tech behind this thing called Bitcoin. Because whether you support it or hate it, you should probably understand it, right?

Blockchain. Mining. Forking. Nodes.
What. The. F***.

We break it down with plenty of Wall-E metaphors and even a sing-song recap. Feel free to pause and re-wind, as this episode is more First Grade than Kindergarten. But you're ready.

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06:10 - What is the "Blockchain?"
14:58 - What is "Mining?"
24:44 - Keeping the Network "honest"
27:22 - Is "forking" as sexy as it sounds?
30:40 - The "Network Effect"  (aka "netflix" over "shetflix")
32:50 - The "Proof of Work" and "Mining Economics"
41:10 - Running a "Node"
44:15 - LET KAILEY REVIEW IN A SENSICAL, MUSICAL WAY
47:15 - The future of Bitcoin security + #ELI5 quantum computers

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Resources: 

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