Friday, September 2, 2016

Onchain Scaling Conference: Are Hard Forks Really Necessary?

Bit-Coin Heads
bitcoin
Image by (Mick Baker)rooster

20 pence piece used for scale for this copper bit-coin.

Highlighted the shot for the detail on the coin.


Today, the Encore Edition of the Onchain Scaling conference took place, discussing the many on-chain scalability solutions on the table for Bitcoin. Developer Jeff Garzik, Cornell professor Emin Gün Sirer, and lawyer Andrew Hinkes discussed hard fork potentials and the legal aspects of managing the blockchain protocol on-chain.


Also read: The Bitcoin Blocksize Debate Has Not Even Fully Begun Yet


Jeff Garzik: ‘Pushing the Envelope — How Scaling Leads to Scaling.’


Jeff GarzikJeff Garzik opened the livestream with his presentation, “Pushing the Envelope – How Scaling Leads to Scaling.” Garzik discussed the many constraints on the Bitcoin network’s growth and how the protocol is a “constant” dynamic system that always needs maintenance. The Bitcoin developer stated his belief that improvements are required as capacity challenges appear.


Garzik began by describing how technologies have progresse…


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Onchain Scaling Conference: Are Hard Forks Really Necessary?

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