Speaking of Bitcoin: “Ethereum, Bitcoin; Hard Fork, Soft Fork: How Decentralized Change Is Made”

Ethereum’s London hard fork, also known as EIP 1559, took place on Aug. 5. The backwards-incompatible upgrade reignited community debate over hard forks, soft forks and the best methods – most foolproof, least polarizing – to bring about change to a network.

Join hosts Adam B. Levine, Jonathan Mohan and Andreas M. Antonopoulos as they explore the various ways in which consensus has been reached recently across the two largest protocols. The differences in technology and underlying philosophy means some solutions are more enticing to Ethereum and others to Bitcoin.

Ethereum maintains a so-called “difficulty bomb,” whose fuse is lengthened with every upgrade. If it ever goes off, miners would face exponentially harder work and proportionally diminished rewards, forcing them to switch from the pre-fork chain to the upgraded one. Bitcoin’s equivalent to the difficulty bomb, the User Activated Soft Fork (UASF), accomplishes the same thing by other means.

Are these mechanisms the proverbial ‘Chekhov’s Gun,’ inevitably to be used in some later act, or simply empty threats to coerce miners into compliance? Listen to this episode of “Speaking of Bitcoin” for an in-depth explainer of how wide-spread change occurs across decentralized networks and what changes might be in store for the future.

Any comments or suggestions, feel free to reach out.

Be well, Everyone. And think for yourself.

Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Minds | Spotify | Facebook | Soundcloud | Medium

Let’s Talk Bitcoin – Website | Soundcloud | Twitter | Apple Podcasts


Earn free crypto while you learn with Coinbase. Open an account with this link and you’ll receive $10 in free bitcoin for the first $100 of cryptos you buy or sell

lolli logo

Earn bitcoin while you shop online using Lolli


Earn rebates on purchases, redeem in bitcoin, and earn 4.0-8.0% interest on bitcoin deposits with Pei App.

Use referral code “tiny1” and get $10.00 for signing up

The global currency app that lets you buy/sell/trade cryptos and international currencies, send them around the world, and borrow against your crypto or earn yields on your crypto deposits


Changelly is a good option for exchanging coins without having to use an exchange and the fees are reasonable

teepublic logo

Get crypto-themed shirts, stickers, mugs and more at Teepublic

bitcoin depot

Buy $150 of bitcoin at Bitcoin Depot ATMs, and you receive $15 of free bitcoin using this referral code


Click here to download the Brave browser and block unwanted ads and earn rewards when you browse online 


Binance is a great exchange to buy and sell cryptos


Earn bitcoin mining cryptocurrency using your laptop or desktop PC using Honeyminer

Hotel Honey- Rent Mining GPUs for 3, 6 or 12 months

Exodus-Logo side

If you want a good, basic crypto wallet for your PC, download the Exodus wallet


Download the Coinami wallet for both the PC and smartphone

Categories: Andreas Antonopoulis, Commentary and Opinions, ethereum, news, Weekly Headlines

Tags: , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: