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#644 Understanding Bitcoin and Blockchains with Nic Carter

The Pomp Podcast

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The Importance of Decentralization

Lik: decentralization was the most important thing. Not everyone moved, but like, some people moved. Lik: I think a lot of people kind of took the bigcoin ideology in terms of a cheap note operation and tried to extend it to other novel block chains without realizing that these block chains weren't pursuing the same goal remotely. It doesn't necessarily make invalid. A, we haven't really seen those validator level failures yet, although bocn do stop all the time. Ah, they'll seize up and halt, and you have to get re started. That doesn't really get reported. Am, that said, i think there's a lot of fragility in

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