Chapter
Political Disagreements in Blockchain
56:30 - 1:04:33 (08:02)
The speaker discusses the potential difficulties for opposition parties in blockchain due to the lower costs of moving and adds that blockchain technology may prevent serious violations like increasing the supply.
Clips
The debate around increasing the block size limit in blockchain technology has led to the creation of soft forks and the addition of new rules to ensure the validity of block transactions.
56:30 - 1:00:48 (04:17)
Summary
The debate around increasing the block size limit in blockchain technology has led to the creation of soft forks and the addition of new rules to ensure the validity of block transactions.
ChapterPolitical Disagreements in Blockchain
Episode#188 – Vitalik Buterin: Ethereum 2.0
PodcastLex Fridman Podcast
The inability of opposition parties to effectively debate serious policy trade-offs often results in disappointment and a lack of progress in countries with single-party domination or authoritarian leadership.
1:00:48 - 1:04:33 (03:44)
Summary
The inability of opposition parties to effectively debate serious policy trade-offs often results in disappointment and a lack of progress in countries with single-party domination or authoritarian leadership. Blockchain hard forks, which have lower associated costs, may provide a more politically and economically viable alternative for enacting change.