Bitcoin Q&A: Proof-of-work changes




What do you think about a Bitcoin proof-of-work algorithm change to combat mining centralisation like Monero did? Is ASIC-resistance futile? Is a hard fork still a valid option in case of an emergency?

These questions were part of the monthly live Patreon Q&A session on March 31st and the (rescheduled) April session on May 5th. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

RELATED:
The value of proof-of-work –
The mining process –
Miners, pools, and consensus –
Bitmain and the ASICBoost allegations –
Energy consumption –
What is Consensus? Rules Without Rulers –
Forkology: A Study of Forks For Newbies –
What is a fork? –
Altcoins and specialisation –
Cryptographic primitives –
Nonces, mining, and quantum computing –
Migrating to post-quantum cryptography –

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop
Website:

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1:

[NEW] THE INTERNET OF MONEY, v2:

MASTERING BITCOIN:

[NEW] MASTERING BITCOIN, 2nd Edition:

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Music: “Unbounded” by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (

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