The Six Bitcoin Stakeholder Groups w/ Lyn Alden

Lyn Alden’s just dropped a report a little different than her normal Bitcoin & macro focus: Bitcoin Consensus. She takes us through defining the various stakeholder groups and how the game theory works as these groups’ influence wax and wane.

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com

Notes:

• What is an Economic Node

• What are the Six Bitcoin Stakeholder groups?

• Protocol Developers power

• Game Theory of stakeholder power dynamics

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

 Timestamps

00:00 - Intro

02:52 - Lynn’s Background & Bitcoin Research

05:16 - The Six Bitcoin Stakeholder Groups

08:09 - Economic Nodes

12:03 - Miners vs. Nodes

15:15 - Arch Network

15:45 - Protocol Devs

16:33 - Protocol Developers & Their Influence

20:19 - Podcasters

23:08 - “State of Mind” Concept

29:26 - Should More Stakeholders Be Involved in Consensus?

31:43 - Game Theory Behind Bitcoin Consensus Changes

34:31 - Weaknesses & Risks in the Process

38:52 - Future Soft Forks

39:15 - Lyn’s View

42:46 - Potential Future Optimizations

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

Learn more about your ad choices. Visit megaphone.fm/adchoices