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Local time: Timezone: (UTC+01:00) Central Europe Standard TimeDate: Mar 21 2021Time: 08:00 PM - 11:00 PM

Location: Online, Munich

Website: https://www.meetup.com/Bitcoin-Munich/events/276047855/

Satoshi’s 21 #012: Consensus, Cryptoeconomics, Threat Models

Join Bob McElrath, Eric Voskuil, and others to discuss some “moonshot” ways in which Bitcoin could be improved, that is aside from what’s on the foreseeable roadmap of its developer community.

It is often purported that Bitcoin has a lot of shortcomings especially in regards to scalability, while many other projects in the larger “crypto” space allegedly offer a lot of innovation.

Bitcoin development may be very cautious and slow in moving forward to preserve backward compatibility, but if a vastly better protocol design could be found and agreed upon, the UTXO set (the “state” who currently owns what money) could be imported into the new system.

Sharding, (Hybrid) Proof-of-Stake, DAGs, ZK-Rollups,… — what do these approaches bring to the table, and which of them could make sense for Bitcoin eventually, considering

– what their tradeoffs are,
– what Bitcoin is trying to achieve,
– the threat model against which Bitcoin is designed?

Which of these designs have previously been debated, and outrightly rejected, or indefinitely postponed, and for what reasons?

Participants:

Bob McElrath, ex-Fidelity Digital Assets, Phd Theoretical Physics
– https://twitter.com/BobMcElrath
– http://bob.mcelrath.org/

Eric Voskuil, ex-Microsoft, libbitcoin, “Cryptoeconomics” book
– https://twitter.com/evoskuil
– https://voskuil.org/

You?
– This is an interactive event, contact us if you want to contribute and be added to this list!

Format: Socratic Seminar https://bitcoinmagazine.com/articles/op-ed-want-to-learn-about-bitcoin-try-a-local-socratic-seminar

📅 Sunday, March 21, 2021
🕔 Time: 8:00 PM – 11:00 PM CET
📍 Online

👉 RSVP

✨ The Bitcoin Munich is a loosely structured group of enthusiasts, developers, students, entrepreneurs, techies, hackers, activists, artists and other folks. We organize informal gatherings like the monthly Stammtisch, plus workshops, as well as events with talks, presentations, tech-demos, and moderated discussion rounds.