from Hacker News

Video Tip: Antonopoulos Demystifies Bitcoin Mining

by generalseven on 7/19/16, 12:18 PM with 1 comments

  • by generalseven on 7/19/16, 5:19 PM

    At 19’00:

    "In the marketplace there is a lot of noise and very little understanding of how the fundamental capabilities of Bitcoin arise out of its proof of work algorithm. We’ll see a lot of consensus suggestions and quite honestly a lot of them are not going to work and a lot of them are bullshit that will make a lot of consultants rich selling bullshit to banks."