Titcoin on Nostr: "Self-custodied holders have a lot more influence than those really big collective ...

"Self-custodied holders have a lot more influence than those really big collective entities because they can generally act faster... that's one of the positive findings from our paper is that's actually a rather anti-fragile aspect of the network: that some of the most committed and smaller entities actually have kind of a disproportionate impact compared to some of those larger entities." - LynAlden (npub1a2c…w83a)

"One #Bitcoin from a self-custody investor is basically infinitely more valuable in setting the price than thousands of Bitcoin held elsewhere if they aren't able to sell that fork.” - moneyball (npub1ug8…d9ry)

quoting note1yfj…jqfc

ANALYZING BITCOIN CONSENSUS: RISKS IN PROTOCOL UPGRADES

LynAlden (npub1a2c…w83a) and moneyball (npub1ug8…d9ry) join walker (npub1cj8…rz4u) to discuss their report on how #Bitcoin upgrades its consensus rules over time.

⚡️Fountain: https://www.fountain.fm/episode/KR0X4pPA1ai8FYGVMZqY
⚡️YouTube: https://youtu.be/ZOvPmXyhPK0
⚡️Apple: https://podcasts.apple.com/us/podcast/lyn-alden-steve-lee-analyzing-bitcoin-consensus-risks/id1694392423?i=1000677281675
⚡️Spotify: https://open.spotify.com/episode/7yqCYnaAZy7kIXs4FKgi3v
⚡️Rumble: https://rumble.com/v5qht8z-lyn-alden-and-steve-lee-analyzing-bitcoin-consensus-risks-in-protocol-upgra.html
⚡️Everywhere else: https://bitcoinpodcast.net/podcast
⚡️SHOW NOTES (Subscribe to get episodes emailed): https://walkeramerica.substack.com/p/lyn-alden-and-steve-lee-analyzing