Bitcoin Q&A: Scaling and the Block Size Debate
In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller elements. Using analogies from Lego blocks to a chef creating new recipes, this talk highlights the connection between creativity and the flexibility offered by fine-grained components.
Uploaded on April 22nd, 2016.
Chapters
0:00 What is your opinion on a block size debate?
0:54 In the scaling debate today, there is a lot of noise and drama
2:19 Consensus is an "everyone together or not at all"
Keywords/phrases: Blocksize debate, Bitcoin scaling, consensus. Decentralized control in decision-making is not a bug, it's a feature. Segregated Witness, hard fork to 2Mb, and other optimizations.
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