Want to create an interactive transcript for this episode?
Podcast: CoinDesk Podcast Network
Episode: BITCOIN SEASON 2: What Satoshi Got Wrong About Bitcoin
Description: Peter Todd, mistakenly identified as Satoshi in an HBO doc, discusses Bitcoin's technical history, mining economics, block withholding attacks, and controversial ideas like demurrage.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPeter Todd joins us to talk about Bitcoin's technical evolution, discussing terminology like "blockchain" vs "timechain," and revealing flaws in Satoshi's original design. Peter dives deep into mining economics, explaining the risks of block withholding attacks, the problems with activation mechanisms for soft forks, and controversial funding models...