LTB E104 - Tree Chains with Peter Todd by Speaking of Bitcoin (formerly Let's Talk Bitcoin!)

published on 2014-04-26T19:50:10Z

LTB E104 - Tree Chains with Peter Todd Subscribe to the Let’s Talk Bitcoin Show, or Subscribe to The LTB Network for free, and never miss an episode again! Shownotes for Let’s Talk Bitcoin Episode 104 – Seek and Find Part 1 Adam's Thoughts - Rethinking Everything with Tokens Part 2 Tree Chains with Peter Todd, Andreas M. Antonopoulos, Stephanie Murphy and Adam B. Levine CREDITS Thanks for listening to episode 104 of Let’s Talk Bitcoin! Music for this episode was provided by Jared Rubens and Nils Frahm Any questions or comments? Email adam@letstalkbitcoin.com General Support Addresses for Let’s Talk Bitcoin! Bitcoin: 1LTBShowv5nZ2fgZ4hWU7ieeDRNKSAxtov Litecoin: LZxkcspyUj3LnMjukTzcSSPkDvLu1uudZp

Genre: Talk Show

Comment by Tomasz Kolinko

But can't nodes "cement" found blocks? So when there are more than 10/20/100 confirmations, they will not accept another chain that has mkre than 10/20/100 blocks different? So you have a guarantee that nibidy mines in secret for more than 10/20/100 blocks?

2014-05-23T13:27:58Z

Comment by utunga

host's rant about user created assets starts here

2014-04-29T03:30:50Z

Comment by The Cypherfunks

Fantastic discussion. Thanks guys!

2014-04-27T10:33:27Z

Comment by DoPlJoe

So to summarize: Merge mining is less overhead than seperate coins even for individuals. Sidechains are isolated from bitcoin and failures do not affect bitcoin itself. Also given a better security model than standard bitcoin merge-mined POW there are no downsides to sidechains. So again, side-chains has all the advantages compared to shady small alt-coins. Can someone explain what point Peter Todd was actually trying to make, because he only speculated on deficiancies in POW in general and his belief that those aren't solveable. Also sidechains supposedly don't need to be merge mined and can even be POS, meaning they can even be less centralized than bitcoin itself, which makes P. Todds whole argument moot.

2014-04-27T09:00:43Z

Comment by Speaking of Bitcoin (formerly Let's Talk Bitcoin!)

@steve-britt: You're welcome.

2014-04-27T04:56:06Z

Comment by Speaking of Bitcoin (formerly Let's Talk Bitcoin!)

@jimmy-canning-1: Context and Brevity don't usually go together when I speak, but ideas like this infect perhaps 1% of our listeners and change the way they think. I appreciate the patience of those like you in the 99% for whom its just too much.