Bitcoin Q&A: Scaling and "Satoshi's Vision"

Описание: How big will the Bitcoin blockchain get? How will optimisations that conserve space affect growth, while keeping full nodes affordable to run? Why should we add second layers for microtransactions instead of moving to altcoins? What design trade-offs will we make regarding scalability, decentralisation, privacy, and smart contracts? Is “Satoshi’s vision" outdated and an appeal to authority?

Chapters
0:00 In terms of storage, how big will the Bitcoin blockchain become?
2:34 Since Bitcoin is not efficiently used for micropayments, which was Satoshi's vision, is the concept failing? Why do we need second, third, or fourth layers on top of the Bitcoin blockchain for what was supposed to be done by design? Should we move to altcoins?
9:17 Would I still need to shift to altcoins, which might represent much less decentralized systems?

These questions are from MOOC 9.6 and 9.7 sessions, which took place on March 23rd and March 30th 2018 respectively. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles.

If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:   / aantonop  

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop   / aantonop  
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money...

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations...

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Music: "Unbounded" by Orfan (  / orfan  )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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