BitDevs: Learning Bitcoin #11 - Bitcoin Consensus Analysis Project - Pt. 2

Tonight we're learning how Bitcoin works! Atlanta BitDevs meetups are place for free and open Bitcoin education in Atlanta. Discussions will be technical but are open to people of all skill levels. Join the community and #LearnBitcoinTogether!

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Tonight's Topic
This will be a discussion group around the Bitcoin Consensus Analysis Project paper. We'll discuss the second half of the paper tonight.

From the project: "This paper provides an analysis of bitcoin’s consensus mechanism, focusing on the roles of various stakeholders, their powers, and the incentives that guide their actions. Bitcoin is incredibly difficult to change by design. The default is no change. Any significant change needs to pass that hurdle. We categorize the roles people play in bitcoin's consensus into six distinct stakeholder groups, each with their own motivations and influence. We also notice that the relative powers of the stakeholders shift depending on their role in the network’s operation and the stage of the consensus change process. Notably, while Bitcoin Core maintainers do not have excessive power to change Bitcoin, they possess significant power to veto changes. We also introduce the concept of State of Mind, which affects the degree that stakeholders engage in the process of finding consensus."

What should I expect?
Every first Wednesday of the month is a Learning Bitcoin session at ATL BitLab. This week's topic will be posted ahead of time at atlbit.dev. Sometimes it may be a reading discussion group, other times it might be a presentation or workshop.

Regardless, you do not need any prior knowledge to attend. Just come with an open mind.

Is this for me?
If you want to learn about bitcoin, then yes! While these sessions are engineering focused, many of our attendees are not engineers. Our crew also includes designers, hobbyists, product managers, entrepreneurs, and simply curious people who like to stay ahead of the curve with this technology.

Schedule
6:00pm - Doors open, networking and socializing with beverages
6:30pm - Presentation or discussion starts
7:50pm - Wrap-up
8:00pm - The group migrates to a nearby restaurant for dinner