"As a consensus system without central authority, Bitcoin protocol upgrades can be challenging. If one segment of the network upgrades to a new version of the protocol before another segment does, different nodes might enforce different rules, introducing the risk that the network fractures between them." - Aaron Van Wirdum Today's read is from Aaron Van Wirdum at Bitcoin Magazine, an excellent writer who has so many brilliant breakdowns of the technical and historical elements of Bitcoin. Taproot is SO close, but there is a final debate, a final hurdle to tackle before we get to see it activated on the network, and that’s over how and when to turn on the switch. LOT=true or LOT=false? This is the Last Hurdle Before Taproot Activation: https://bitcoinmagazine.com/technical/lottrue-or-lotfalse-this-is-the-last-hurdle-before-taproot-activation Check out the Bitcoin Audible Page for Aaron & his collection of amazing work: https://bitcoinaudible.com/?page_id=5204 Today’s Bitcoin Resource: mempool.space A huge thank you to our amazing sponsors: LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) Final thanks to Bitcoin Magazine and the LTBNetwork for being such an incredible source of signal to the Bitcoin ecosystem! letstalkbitcoin.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The Internet’s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn’t offer “services.” It doesn’t make decisions about content. It doesn’t distinguish between photos and text, video and audio. It doesn’t have a list of approved applications. It doesn’t even distinguish between client and server, user and host, or individual versus corporation. Every IP address is an equal peer." - Andreas M. Antonopolous Today we hit a great and classic essay by Andreas on the amazing FEE.org that hits on a key way to think about decentralized network, and a critical part of why they will innovate orders of magnitude more quickly than their centralized counterparts. The difference between "smart" networks and "dumb" networks, and why the dumb will also conquer. Bitcoin is the internet of money, and on read #500, hear Andreas explain why. Check out the original article at the link below: https://fee.org/articles/decentralization-why-dumb-networks-are-better/ Other great pieces mentioned in today's show, along with the thread that includes numerous others for further journey down the rabbit hole: Lightning Enables Unicast Transactions in Bitcoin: https://bitcoinaudible.com/?p=347 On Schelling Points, Network Effects, & Lindy: https://bitcoinaudible.com/?p=4504 Anil's Amazing thread with 20 fundamental essay for understanding Bitcoin: https://twitter.com/anilsaidso/status/1290758632238276609?s=20 A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message