How To Kill Bitcoin (Part 1): Is Bitcoin ‘Unstoppable Code’?

They say Bitcoin can’t be stopped. Just like there’s no way you can stop two people sending encrypted messages to each other, so — they say — there’s no way you can stop the Bitcoin network.

There’s no CEO to put on trial, no central server to seize, and no organisation to put pressure on. The Bitcoin network is, fundamentally, just people sending messages to each other, peer to peer, and if you knock out 1 node on the network, or even 1,000 nodes, the honey badger don’t give a shit: the other 10,000+ nodes keep going like…

--

--

The map is not the territory • bookoftheway.com • joekel.ly

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store