Read_757 - Putting the B in BTC [Anthony Towns]
Bitcoin Audible18 Aug 2023

Read_757 - Putting the B in BTC [Anthony Towns]

"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to quickly resolve transaction storms. And that will in turn make it hard and expensive for people with small stacks to continue to do self-custody on the main chain. At that point, acquiring new high value users means pricing out existing low value users." — Anthony Towns


It's officially Sidechain Week! Because today Anthony Towns takes us through an thought experiment that sets our current best understanding of the scaling problem and the best technological path we have to solve it, as a foundation to see what a Bitcoin future with billions of users really looks like, and what we should expect in the transition to that future. A great piece that will be very useful for our continued discussion of the tools we have to conquer this problem.


Check out the original article at : Putting the B in BTC


Links:

- Anthony Towns Twitter

- Guy's Take #55 - On the Economics of CTV Batching, & Where I was Wrong - Bitcoin Audible | Podcast on Spotify

- Want to get a head start on a coming read? Thoughts on scaling and consensus changes (2023) - Protocol Design - Delving Bitcoin

- Towns' piece on what the key values of Bitcoin are: Inamerrata » Blog Archive » Zeitgeist.


A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

-------------------------

"Don’t underestimate the power of vision and direction. These are irresistible forces, able to transform what might appear to be unconquerable obstacles into traversable pathways and expanding opportunities. Strengthen the individual. Start with yourself. Take care with yourself. Define who you are. Refine your personality. Choose your destination and articulate your Being. As the great nineteenth-century German philosopher Friedrich Nietzsche so brilliantly noted, “He whose life has a why can bear almost any how."

— Jordan B. Peterson

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1374)

Chat_169 - Bitcoin Proving its Case with Walker America

Chat_169 - Bitcoin Proving its Case with Walker America

"Bitcoin is being embraced by the U.S. and the U.S. financial system and it is it being embraced by Iran and the Iranian regime at the exact same time and both of them know that they can use it withou...

2 Jun 1h 6min

Read_946 - When the Experimenter Fails the Marshmallow Test

Read_946 - When the Experimenter Fails the Marshmallow Test

"Generation X and the millennials both tried to do everything right, according to what the boomers told them was the path forward: save money, study hard, get a ‘job’. At every stage we got rugpulled....

31 Mai 44min

Read_945 - Milei's Austrian Scam by the Numbers

Read_945 - Milei's Austrian Scam by the Numbers

"The peso scam is around a thousand times larger than the Libra scam, and its victims are the poorest, about 95% of Argentines." ~ Saifedean Ammous Javier Milei swore he'd burn down Argentina's centra...

27 Mai 55min

Chat_168 - Hashing for Heat with Tyler Stevens

Chat_168 - Hashing for Heat with Tyler Stevens

"Our little home controller, building controller, it knows our electric rate, it knows the way that electric rate changes based on the time of day. It knows the PV flux, the solar flux from the solar ...

21 Mai 1h 54min

Chat_167 - Why Your Keys Matter with Seed

Chat_167 - Why Your Keys Matter with Seed

"If you think of River or Gemini or Coinbase or whatever, think of all of those as silos and how people custody Bitcoin. If some sort of compromise were to come into the Bitcoin ecosystem at the priva...

14 Mai 2h 14min

Guy's Take_107 - Free Rent for the Rich

Guy's Take_107 - Free Rent for the Rich

"It's often discussed that arbitrarily lowering interest rates and the zero interest rate policy era leads to massive recklessness and unethical and irresponsible behavior. But there's something even ...

13 Mai 41min

Read_944 - Proof of Work in the Real Economy

Read_944 - Proof of Work in the Real Economy

"If your money isn't sound, it is not reflecting any proof of work. It is not reflecting anything about who should be able to consume, or how much there is available to consume. It's just being corrup...

10 Mai 35min

Read_943 - The Fabric of Desires

Read_943 - The Fabric of Desires

"It is not markets that made money possible. It is collectibles, which we now call money, that make markets possible." ~ Nick Szabo What if everything we've been told about how money emerged is backwa...

8 Mai 25min

Populært innen Teknologi

lydartikler-fra-aftenposten
romkapsel
teknisk-sett
elektropodden
energi-og-klima
nasjonal-sikkerhetsmyndighet-nsm
tomprat-med-gunnar-tjomlid
shifter
fornybaren
hans-petter-og-co
rss-ki-praten
teknologi-og-mennesker
rss-for-alarmen-gar
i-loopen
rss-alt-som-gar-pa-strom
rss-heis
rss-ai-forklart
rss-digitaliseringspadden
rss-bouvet-bobler
rss-startup