aantonop: Bitcoin Q&A: Denominations and voluntary burning Featured

  • Wednesday, 22 August 2018 20:16
What is the effect of voluntary burning? Does it impact deflation a lot? Why is there a limit for 21 million bitcoin? Why are there 8 decimal places? What are the implications of a decimal place increase? Are there sub-satoshi units on Lightning? These questions are from the March and (rescheduled) April monthly Patreon Q&A sessions, which took place on March 31st and May 5th 2018 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: Bitcoin, Lightning, and Streaming Money - https://youtu.be/gF_ZQ_eijPs The Internet of Money: Five Years Later - https://youtu.be/6xIq0FdmsIA The Lightning Network - https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi Advanced Bitcoin Scripting, Part 1: Transactions and Multisig - https://youtu.be/8FeAXjkmDcQ Advanced Bitcoin Scripting, Part 2: SegWit, Consensus, and Trustware - https://youtu.be/pQbeBduVQ4I The Lightning Network - https://youtu.be/vPnO9ExJ50A Lightning's security model - https://youtu.be/_GNsT_ufkec Eltoo, and the early days of Lightning - https://youtu.be/o6eFZ5aI9N0 Misconceptions about the Lightning Network - https://youtu.be/c4TjfaLgzj4 Lightning Network scaling - https://youtu.be/4KiWkwo48k0 Lightning Network interoperability - https://youtu.be/1HYMWcJHGXc Atomic swaps - https://youtu.be/fNFBA2UmUmg Running nodes and payment channels - https://youtu.be/ndcfBfE_yoY What is Segregated Witness (SegWit)? - https://youtu.be/dtOjjB4mD8k SegWit and fork research - https://youtu.be/OorLoi01KEE The 21 million supply cap - https://youtu.be/AABkJ55Zz3A Divisibility and deflationary monetary policy - https://youtu.be/xhLgxX_wU6E Inflation and debt systems - https://youtu.be/6CwxHiKf27A HODLing and the "get free" scheme - https://youtu.be/MhOwmsW1YNI Wealth distribution statistics - https://youtu.be/X2Qsz4eaSPY 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 https://twitter.com/aantonop Website: https://antonopoulos.com/ 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: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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