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Author Topic: [2016-03-30] Video: Andreas Antonopoulos: On the Future of Money  (Read 270 times)
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March 30, 2016, 08:06:21 AM
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Andreas Antonopoulos: On the Future of Money

https://www.youtube.com/watch?v=d0hxWC7sP2k&feature=youtu.be&t=2627

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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March 30, 2016, 12:38:54 PM
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Great talk as usual.
What I found very interesting is the part where one guy in the audience asked Andreas' what he thinks about proof of stake and then after a long explanation and bla bla he came up with the sentence that at the end of the year Bitcoin will be hybrid system of proof of work and proof of stake.He is referring to Lightning Network which is in it's basics working like proof of stake system which will be backed by Bitcoins' proof of work algorithm.Crazy stuff! Shocked
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