Guy’s Take – The Bcash 51% Attack

Guy’s Take – The Bcash 51% Attack

In a crazy conversation from last night’s meet-up, I learned of discussion of a purposeful re-org, a 51% attack, on the Bcash chain by 2 miners.  After a few hours scrambling to pull details together this morning, this is what I’ve discovered so far.  Don’t miss this Guy’s Take episode all about the Bcash 51% attack!

These are the links to the conversations and posts that I found relevant information at:
https://honest.cash/kiarahpromise/sigop-counting-4528

Article on hash power dominance of BTC.TOP:
https://bitcoinexchangeguide.com/is-bitcoin-cash-under-a-51-percent-attack-as-one-bch-mining-pool-nears-over-half-control/

Reddit Threads:
https://www.reddit.com/r/btc/comments/bpwlgx/got_this_in_my_inbox_a_couple_of_minutes_back/
https://www.reddit.com/r/btc/comments/bq6g5h/so_does_this_mean_that_we_unintentionally_killed/
https://www.reddit.com/r/btc/comments/boysr1/bch_upgrade_postmortem/
https://www.reddit.com/r/btc/comments/bqah5p/psa_everybody_stay_alert_im_getting_a_bch/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reddit%2Fpreh+%28Bitcoin+-+The+Internet+of+Money%29

Found after I finished recording the episode (will update with details in the next show):
https://honest.cash/Cheshire_Cat/bitcoin-cash-guardians-and-pirates-in-sight-3334

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Guy’s Take on Why Lightning Sucks

Guy’s Take on Why Lightning Sucks

Lightning is complicated, difficult to use, sometimes doesn’t work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds.  Doesn’t this make it a protocol destined to obscurity and disuse?  

Doesn’t it mean that better, simpler options will simply replace it, and Bitcoin is set to fail from its extensive limitations?  Find out all the ways I find Lightning *doesn’t* do its job well, & what I think it means for the future in today’s Guy’s Take episode!

Mentioned in the show:
paywall.link
pollofeed.com
schnorr signatures
previous Guy’s take on the complexity of the internet

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My Favorite Bitcoin Holidays? A Walk with Guy Through Bitcoin History

My Favorite Bitcoin Holidays? A Walk with Guy Through Bitcoin History

Today we go on an extended walk through some of the most epic days of Bitcoin’s and the Cryptoconomy’s history! Telling some of my personal experiences and the crazy times that were had.  Do you know about the origins of some of Bitcoin’s biggest memes?  Do you know what started the Blocksize Wars? Do you know when the first shitcoin was born? All this and much more in our discussion of my Cryptoconomy Holiday Calendar.

If you want to celebrate these holidays with me, and want this on your own calendar, feel free to grab the info off of the website. It is obviously free to use and share around.  If you would like to save yourself the work, then I have made a calendar you can easily download and import to your own so you can be notified of every one! Find it here:
https://cryptoconomy.life/calendar/

Mentioned at the beginning of the podcast were Ansel Linder with the Bitcoin & Markets podcast, and the guys over at the Citizen Bitcoin podcast.  If you haven’t explored their work they have some awesome stuff to check out that pairs well with this show.  Not to be missed!
https://twitter.com/btcmrkts
https://twitter.com/CitizenBitcoin

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GuysTake – A Trust Model Comparison: Bitcoin vs. the Mighty Dollar

GuysTake – A Trust Model Comparison: Bitcoin vs. the Mighty Dollar

Disclaimer: If you are an ardent supporter of government projects, believe in the moral fiber of politicians, and in the power of voting to produce the greater good, then you will likely not enjoy this episode.  You were warned 😉

It feels like a good day for a long discussion comparing the trust model of government money, and the trust model of a decentralized, proof-of-work blockchain.  Aka – Bitcoin vs. The Dollar.  So lets take a dive into the various systems, their consequences, and the incentives that envelop both the rules and monetary policy that govern the Bitcoin system, and those that govern our political and banking institutions. 

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Guys Take – The Lightning of my TCP, or How the Internet is Too Complex to Work

Guys Take – The Lightning of my TCP, or How the Internet is Too Complex to Work

Guys Take – The Lightning of my TCP, or How the Internet is Too Complex to Work

by Guy Swann

A follow-up to our previous episode “#Reckless to Wumbology” discussing the incredible development and new tools coming to the Lightning Network. As well as an exploration of the vast complexity of the internet and how, surely, it could never work. Get ready for a long rant in this Guy’s Take episode!

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Happy Birthday Bitcoin, Looking Back on 10 Insane Years!

Happy Birthday Bitcoin, Looking Back on 10 Insane Years!

A look at the crazy past, the present, and the future of Bitcoin and where I think things are headed. Bitcoin is here to stay and there are 10 amazing years of Proof-of-Survival I can point to as evidence. Happy Birthday Bitcoin! May the next 10 years be just as crazy!

Mentioned on the show: 





@stephanlivera@MartyBent@BottomshelfBTC