What Are Bitcoin "Economic Nodes" & Why Do They Matter? (Lyn Alden & Steve Lee)

Show Notes

Lyn Alden & Steve Lee break down what Bitcoin "economic nodes" are and why they matter for Bitcoin consensus. On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with Lyn Alden and Steve Lee about their new report "Analyzing Bitcoin Consensus: Risks in Protocol Upgrades." This paper analyzes the process and risks of how Bitcoin upgrades its consensus rules over time, from a technical & economic perspective. If you’ve ever had questions about how Bitcoin consensus actually works, gotten confused by terms like “economic nodes,” wondered about who the real stakeholders are when it comes to bitcoin upgrades, or been curious about the game theoretical implications of large institutions and governments getting into Bitcoin, this episode is going to answer all your questions and more. READ THE REPORT: https://github.com/bitcoin-cap/bcap FOLLOW LYN Nostr: https://primal.net/lyn X: https://x.com/LynAldenContact FOLLOW STEVE: Nostr: https://primal.net/moneyball X: https://x.com/moneyball ***** GET YOUR BITCOIN OFF EXCHANGES AND KEEP IT SAFE WITH BITBOX: Go to http://bitbox.swiss/walker and use promo code WALKER for 5% off the Bitbox02 Bitcoin-only hardware wallet. You can support THE Bitcoin Podcast on Geyser here: https://geyser.fund/project/titcoin ***** THE Bitcoin Podcast E-SIM Partners: -- Go to https://www.cloakedwireless.com/ and use promo code WALKER for 25% OFF eSIM or physical SIM cards and protect yourself from SIM swap attacks. -- EFANI: Protect yourself from SIM swap attacks – go to https://www.efani.com/walker and it’ll automatically apply the promo code WALKER getting you $99 OFF. ***** WALKER’S LINKS: NOSTR: https://primal.net/walker https://primal.net/p/npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 X/TWITTER: https://twitter.com/walkeramerica https://twitter.com/titcoinpodcast Website: https://bitcoinpodcast.net/ Support THE Bitcoin Podcast on HIGHLIGHTER: https://highlighter.com/[email protected] ***** #bitcoin #bitcoinpodcast #thebitcoinpodcast #economics #bitcoin101 #bitcoineducation #bitcoinconsensus #lynalden #stevelee, #bitcoindevelopment