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In this talk, Andreas introduces newcomers to the emerging scientific specialty of "forkology," or the study of forks, how blockchain ecosystems change over time, and the game theory of competing consensus models. He covers not only the various types of forks but the agents involved in consensus evolution, grappling in this crazy new world where the traditional menus will no longer do. This talk took place on June 6th 2017 at a joint meet-up with Blockchain Professionals, BitcoinSYD and SydEthereum in Sydney, Australia: https://antonopoulos.com/event/blockchain-professionals-sydney/ Chapters 0:38 - The journey into open public blockchains 2:30 - Price increase brings newbies to the rabbit hole 3:45 - The confusing landscape of forks 4:27 - What is a fork? A divergence in perspective 6:08 - No central authority to determine everyone's perspective 7:40 - Growing the chain, block by block 8:45 - Accidental vs. deliberate forks, 51% attacks 9:35 - Hard forks vs. soft forks and changes to consensus rules 11:15 - Open blockchain ecosystems as restaurants 15:05 - No one's in charge, but everyone has to work together 15:42 - Miner-activated vs. user-activated forks 16:25 - User-activated soft fork (UASF) or BIP148 18:28 - Tensions around assertions of power 19:35 - Forking event: risks of double-spend, wipeout, two Bitcoins 24:15 - A game of chicken, throwing the steering wheel away 25:18 - This sounds crazy! Is it all worth it? QUESTION & ANSWER: Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk ICOs and financial regulation - https://youtu.be/Plu_WX3Gs8E Is Bitcoin a democracy? - https://youtu.be/TC3Hq76UT5g Global financial crisis (GFC) - https://youtu.be/JU3gNC_ZPKM RELATED: What is a fork? - https://youtu.be/QwEDtdkV3Q4 What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0 The dangers of hard forks in protocol evolution - https://youtu.be/vxEHRvhJKvA Hard forks and the cultural mulligan - https://youtu.be/KT-7APasANI Open source as cross-pollination & consensus through collaboration - https://youtu.be/JTHV6PA-Dw8 The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://youtu.be/d0x6CtD8iq4 Bitcoin: A new species of money - an evolutionary perspective on currency - https://youtu.be/G-25w7Zh8zk Evolving layered technologies in cryptocurrecy - https://youtu.be/13Iff4d3p3k The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y Ethereum: Consensus vs. Immutability - https://youtu.be/OGGW9ozE-ys LTB Live: TheDAO, ETH, Soft-Fork, DoS and what's next - https://youtu.be/epWjD6mlBVs Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-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 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 Subscribe to the channel to learn more about Bitcoin & open blockchains! If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop Outro 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/) Join the aantonop Channel: https://aantonop.io/joinaantonopyt
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