Video - Bitcoin Q and A Decentralised Immunity From State-Sponsored Attacks

Bitcoin being attacked by state-sponsored actors. Bitcoin is currently poking the $100 trillion banking industry. If they use some kind of internal consensus attack to thwart its ability to develop new blocks (essentially denial-of-service), it would be noticed pretty quickly and lead to counter-measures. When something attacks you and you develop counter-measures, that's a form of immunity; through immunity you have evolution of resistance to that kind of attack.

Bitcoin is a decentralised system with independent actors who are guiding its evolution towards protection against systemic attacks. The well-funded opponents are essentially training Bitcoin on how to inoculate itself. It is very hard to go after a decentralised system. This talk took place on September 13th 2016 at the Silicon Valley Bitcoin Meetup in Sunnyvale, California.


Written by Andreas M. Antonopoulos on October 6, 2016.