Podcast: DCI's Neha Narula was interviewed for 'WhatBitcoinDid' on Bitcoin Security and Ethics.
“I think Proof of Work is very risky, it’s amazing its been working in practice for 10 years”
— Neha Narula
Interview Location: Boston
Interview Date: Thursday 20th June, 2019
Company: MIT’s Digital Currency Initiative
The security of Bitcoin is one of the factors which gives it so much value, and after ten years there still hasn’t been a single counterfeit Bitcoin created, there has never been a successful 51% attack, and the few potentially catastrophic bugs have been fixed without any negative consequences. But how secure is Bitcoin? Is Proof of Work too risky? Can we trust those that are developing Bitcoin to do so with the right ethical judgement?
In this interview, I spoke with Neha Narula, the Director of MIT’s Digital Currency Initiative to talk about these critical issues. We discuss:
How the DCI got started
Bugs in the Bitcoin protocol
Proof of Work being too risky
Ethical development on Bitcoin
Government controlled crypto