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Read_753 - Bitcoin Timestamp Security [Jameson Lopp]
from Bitcoin Audible
"Bitcoin is often referred to as a secure timestamping service. We never had a global record of truth with trustworthy timestamps, so how did this come about? It’s generally due to Proof of Work being combined to a few simple rules by which miners must abide." — Jameson Lopp Can Bitcoin's sense of time be broken? The security and probabilistic assurances of Bitcoin seem simple on their face, but when you dive a little deeper, there is so often tons of nuance and quiet brilliance to unpack around even a seemingly simple element, like recording what time the block was produced. Jameson Lopp brings us another excellent deep dive into the nature of Bitcoin as a secure timestamp server. What it means, how reliable it truly is, and what it looks like when it breaks. Check out the original article: Bitcoin Timestamp Security A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold Buy Bitcoin at https://swanbitcoin.com/guy ------------------------- “When you want to know how things really work, study them when they're coming apart.” ― William Gibson --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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