23 min
Bitcoin and Blockchain: What’s the difference? Two Confirmations | Crypto Over Coffee
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- Technology
Are you really excited about blockchain, but not to sure about bitcoin? Paul and Chris dive into why we believe the technology and the specific implementation of bitcoin will last. To highlight some of the aspects we think make Bitcoin special, we bring up a hot new project, the JP Morgan Coin. Centralization is a major distinguishing factor between Bitcoin and the stablecoin from JP Morgan. Another factor is the distribution of validators and nodes that decide what transactions get added to the ledger. Centralized ledgers can lead to censorship, and require the users trust the people in control of the ledger. In a decentralized system, you can own your own node, and all nodes/miners are able to submit transactions to the ledger, and every node decides if you are following or breaking the rules of the project.
JP Morgan Coin
https://www.jpmorgan.com/global/news/digital-coin-payments
Zcash Inflation Bug
https://bitcoinist.com/zcash-inflation-bug-infinite-tokens/
Tweet about bug not exploited yet
https://twitter.com/fluffypony/status/1092831599509549056
Links to us
http://blockbrothers.org
https://twitter.com/blockbrosorg
https://www.instagram.com/blockbrosorg
https://soundcloud.com/blockbrosorg
Are you really excited about blockchain, but not to sure about bitcoin? Paul and Chris dive into why we believe the technology and the specific implementation of bitcoin will last. To highlight some of the aspects we think make Bitcoin special, we bring up a hot new project, the JP Morgan Coin. Centralization is a major distinguishing factor between Bitcoin and the stablecoin from JP Morgan. Another factor is the distribution of validators and nodes that decide what transactions get added to the ledger. Centralized ledgers can lead to censorship, and require the users trust the people in control of the ledger. In a decentralized system, you can own your own node, and all nodes/miners are able to submit transactions to the ledger, and every node decides if you are following or breaking the rules of the project.
JP Morgan Coin
https://www.jpmorgan.com/global/news/digital-coin-payments
Zcash Inflation Bug
https://bitcoinist.com/zcash-inflation-bug-infinite-tokens/
Tweet about bug not exploited yet
https://twitter.com/fluffypony/status/1092831599509549056
Links to us
http://blockbrothers.org
https://twitter.com/blockbrosorg
https://www.instagram.com/blockbrosorg
https://soundcloud.com/blockbrosorg
23 min