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YouTube

Bitcoin vs. Bitcoin Cash - Coexistence or Downfall of Bitcoin Cash

IEEE via YouTube

Overview

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Explore the dynamics between Bitcoin and Bitcoin Cash in this 20-minute IEEE conference talk. Delve into the concept of fickle mining and its impact on cryptocurrency ecosystems. Examine the game-theoretic model of competition between two coins, considering the roles of fickle miners and loyal factions. Analyze the historical changes in mining power for BTC and BCH, and understand the effects of BCH's difficulty adjustment algorithm change. Investigate the potential consequences of automatic mining on BCH's stability and the broader implications for competing cryptocurrency systems. Learn about the recent "hash war" between Bitcoin ABC and SV, and gain insights into the security and decentralization challenges faced by cryptocurrencies sharing mining hardware.

Syllabus

Intro
Governance conflict
Fickle mining
What is your choice?
Coexistence or downfall of BCH?
08/01/2017: Game start
The lack of BCH loyal miners
On 11/13/2017: Hard fork
Automatic mining
Generalization
Conclusion

Taught by

IEEE Symposium on Security and Privacy

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