On Sun, Jan 17, 2016 at 2:13 AM, <[email protected] > wrote:
> 4) Would it be useful to decouple any of the aspects of the block > chain from each other? Right now Bitcoin's transaction throughput is inherently capped by the combination of how many transactions fit in a block and how frequently new blocks are published (hence the "Bitcoin XT" debacle). The proof-of-work function provides what's effectively a Sybilproof leader election system. I thought a clever idea was to decouple leader election from authenticating transactions: http://arxiv.org/abs/1510.02037 (This specific approach has flaws, but I'd like to see the general idea better explored) -- Tony Arcieri
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