jam...@echeque.com wrote:
Bitcoin is obviously broken in so many ways, but is working because
of social coordination by a behind the scenes group who simply refuse
to allow those breaks to happen.
On 12/29/2017 11:35 AM, juan wrote:
and what group is that?
As I said, a secretive and
On Fri, 29 Dec 2017 11:06:34 +1000
jam...@echeque.com wrote:
> On 12/29/2017 10:13 AM, Steven Schear wrote:
> > For obvious fraud and thefts, yes. Stashcrypto's multi-sig Voting
> > Pools, if widely adopted, have a good chance to quell some of the
> > illicit activities. However, there are so many
On 12/29/2017 10:13 AM, Steven Schear wrote:
For obvious fraud and thefts, yes. Stashcrypto's multi-sig Voting Pools,
if widely adopted, have a good chance to quell some of the illicit
activities. However, there are so many ways markets and exchanges can
and are manipulated (e.g., "painting the
For obvious fraud and thefts, yes. Stashcrypto's multi-sig Voting Pools, if
widely adopted, have a good chance to quell some of the illicit activities.
However, there are so many ways markets and exchanges can and are
manipulated (e.g., "painting the tape") that it will clearly take some time
and m
On Mon, Dec 25, 2017 at 10:04:23PM -0800, Steven Schear wrote:
> Clearly they are not, yet. The problems are somewhat multi-dimensional and
Are there attempts to mitigate dishonest majority?
On 12/26/2017 4:04 PM, Steven Schear wrote:
Clearly they are not, yet. The problems are somewhat multi-dimensional
and the way forward isn't assured. If some counters wanted to scale a
"Bitcoin-like" chain to handle, on-chain, the average transaction volume
of PayPal (about 120/sec.), quite a c
Clearly they are not, yet. The problems are somewhat multi-dimensional and
the way forward isn't assured. If some counters wanted to scale a
"Bitcoin-like" chain to handle, on-chain, the average transaction volume of
PayPal (about 120/sec.), quite a coup, it would require (by my reckoning) a
block
On 12/26/2017 12:58 AM, Michalis Kargakis wrote:
Not a ready implementation yet but the mimblewimble protocol solves a
lot of the scalability issues plagued in other blockchains.
https://scalingbitcoin.org/papers/mimblewimble.pdf
https://github.com/ignopeverell/grin/blob/master/doc/intro.md
M
ct: Re: Are cryptocurrencies ready to handle large number of
> transactions?
> Local Time: December 25, 2017 3:08 PM
> UTC Time: December 25, 2017 2:08 PM
> From: gmk...@gmail.com
> To: Georgi Guninski
> cypherpunks@lists.cpunks.org
>
> On Mon, Dec 25, 2017 at 8:17 AM Geor
On Mon, Dec 25, 2017 at 8:17 AM Georgi Guninski
wrote:
>
> Which cryptocurrencies are ready for large scale?
> Searching the interwebs and chat suggest decentralized solution will be
> extremely difficult if possible at all.
I used google and found these.
LN support earlier this year:
https://
On Sun, Dec 24, 2017 at 07:27:24AM -0500, Karl Semich wrote:
>
> > On Dec 24, 2017, at 6:18 AM, Georgi Guninski wrote:
> >
> > Are cryptocurrencies ready to handle large number of transactions?
>
> Some are! Bitcoin is not, but all this incredible growth incentivi
What I mean by "large" is "prepare to conquer the world and displace
major existing asset classes, including the US$.
And the existing architecture is not going to be able to do that.
The lightning network might be able to do that, but we will have to see
what happens in practice. At present t
> On Dec 24, 2017, at 6:18 AM, Georgi Guninski wrote:
>
> Are cryptocurrencies ready to handle large number of transactions?
Some are! Bitcoin is not, but all this incredible growth incentivizes people
to get a move on with regard to making it scale.
> Say if the database is 10
Are cryptocurrencies ready to handle large number of transactions?
Say if the database is 1000TB or more?
Doesn't handling large number of transactions contradict
decentralization?
Several days ago the BTC blockchain was about 150GB.
Heard complains that BTC fees are rather larg
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