Showing posts with label scale. Show all posts
Showing posts with label scale. Show all posts

Friday, May 12, 2017

But extension blocks and bitpay to solve the bitcoin scaling issue?

So my last post spoke about the 165k bitcoin backlog and how there is a serious issue in scaling transactions. But bitpay and extension blocks could be a possible solution. 

Will it solve the transactional scaling weakness ? And will it ever be approved and integrated ?  And how will that change things ? 

Monday, March 27, 2017

Scaling Blockchain by thinking like a biologist


Great line about scaling blockchain. I agree.  So maybe we should start working with biologists and chemists and strategize a way to design and scale blockchain in terms of independent distributed biological nodes.

"Systems will never scale if you require global consensus for local actions by independent agents. For example, I should not have to know where every dollar in the economy is when I want to buy something from you"

https://blog.p2pfoundation.net/arthur-brock-blockchains-major-design-flaw/2016/03/15?utm_source&utm_medium&utm_campaign

The Selective Power of Zero Knowledge (ZKPs)

The Selective Power of  Zero Knowledge Proofs (ZKPs) Imagine you’re at a bar. A swanky nice little speakeasy that is more upscale than 1920s...