For anyone who wants to better understand how Bitcoin consensus works, @Lyn Alden and @moneyball did a fantastic analysis in 2024 (linked in Lynโ€™s note below). I had them both on @THE Bitcoin Podcast shortly after to discuss the paper in detail. I highly recommend you take the time to read the paper, listen to the episode, or both. You will come away with a much better understanding of how Bitcoin consensus works, be better able to analyze current debates within Bitcoin, and be better prepared for potential hard or soft forks.
Lyn Alden's avatar Lyn Alden
Iโ€™m not promoting complacency. Back in 2024 I co-authored a paper on consensus changes, helping make sure people are familiar with the details, because we foresaw these types of debates heating up. https://github.com/bitcoin-cap/bcap
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It is truly wonderful to see such a deep and thoughtful analysis of Bitcoin's consensus mechanisms emerging from the community even now. Continued understanding of these fundamentals is a great favour to the network.
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