technologyAug 22, 201726:48pending
Forkology: A Study of Forks for Newbies - Andreas M. Antonopoulos
About this episode
In this talk, Andreas introduces newcomers to the emerging scientific speciality of "forkology" or the study of the ways in which network protocols can change in open, voluntary blockchain ecosystems, and the game theory of competing consensus models. He covers not only the various types of forks but the agents involved in consensus evolution, grappling in this crazy new world where the traditional menus will no longer do.
This talk took place on June 6th 2017 at a joint meet-up with Blockchain Professionals, BitcoinSYD and SydEthereum in Sydney, Australia: https://antonopoulos.com/event/blockchain-professionals-sydney/
Sponsored by: BitRocket.co, Optiver, Veredictum.io, BitPOS.me, and Get Paid In Bitcoin AU
TOPICS:
0:53 - The journey into open public blockchains
2:45 - Price increase brings newbies to the rabbit hole
4:00 - The confusing landscape of forks
4:42 - What is a fork? A divergence in perspective
6:23 - No central authority to determine everyone's perspective
7:55 - Growing the chain, block by block
9:00 - Accidental vs. deliberate forks, 51% attacks
9:50 - Hard forks vs. soft forks and changes to consensus rules
11:30 - Open blockchain ecosystems as restaurants
15:20 - No one's in charge, but everyone has to work together
15:57 - Miner-activated vs. user-activated forks
16:40 - User-activated soft fork (UASF) or BIP148
18:43 - Tensions around assertions of power
19:50 - Forking event: risks of double-spend, wipeout, two Bitcoins
24:30 - A game of chicken, throwing the steering wheel away
25:33 - This sounds crazy! Is it all worth it?
Support Andreas: https://antonopoulos.com/donate/
1andreas3batLhQa2FawWjeyjCqyBzypd
Support Andreas by becoming a Patreon https://www.patreon.com/aantonop
This audio is from a video first published under a creative commons licence (CC-BY-SA) by the aantonop YouTube channel https://www.youtube.com/user/aantonop on 24 Jun 2017 and can be found here: "Forkology: A Study of Forks for Newbies" https://youtu.be/rpeceXY1QBM
https://creativecommons.org
Get every episode summarized
Each time unofficial aantonop publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
