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Will Bitcoin Fail to Scale?

aantonop
346K subscribers
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36K views 9 years ago #Bitcoin #Cryptocurrency #BitcoinExplained
Will Bitcoin Fail to Scale? In this talk, Andreas looks at scaling as an ongoing process. Using examples from the history of the Internet - which has "failed to scale, gracefully, for 25 years" -- he discusses the scaling debate and looks at how Bitcoin will scale over the next several years. Chapters 0:00 Introduction 1:42 The internet and Usenet 4:29 The regular and alternative group of Usenet 5:22 These alternative groups, being optional were the focus of this great debate. Should we carry them? 7:22 We will fail to scale for the next applications and succeed to scale for the previous ones 8:53 Multipurpose Internet Mail Extensions (MIME) 11:25 Voice Over Internet Protocol (VoIP) 12:25 Videos 14:43 Scale is not a goal to achieve, it is the definition of what can you do with the network today 15:29 Bitcoin is failing to scale gracefully 24:07 Q&A starts 24:23 I admired Mike for his work. I was very surprised by his strict position on the bit …...more
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Introduction

0:00

The internet and Usenet

1:42

The regular and alternative group of Usenet

4:29

These alternative groups, being optional were the focus of this great debate. Should we carry them?

5:22

We will fail to scale for the next applications and succeed to scale for the previous ones

7:22

Multipurpose Internet Mail Extensions (MIME)

8:53

Voice Over Internet Protocol (VoIP)

11:25

Videos

12:25

Scale is not a goal to achieve, it is the definition of what can you do with the network today

14:43

Bitcoin is failing to scale gracefully

15:29

Q&A starts

24:07

I admired Mike for his work. I was very surprised by his strict position on the bitcoin community failed. Can you tell us your position on his move?

24:23

Have you ever been in doubt about the future of bitcoin?

29:22

Hundreds of altcoins has fallen down to zero already. How do you know that bitcoin is not the case of other altcoins? What's the difference between bitcoin and the other altcoins?

32:28

What is your personal preference?

37:25

Are the miners the ones who makes the decisions?

41:14

SegWit

42:53

Do you believe bitcoin can survive government intervention/regulation in a global scale?

44:36

Bitcoin predictions

48:15

What is your personal view on the great halving of 2016?

50:42

What makes people stick to bitcoin? Can banks adopt bitcoin?

54:43

Can patent law slow down bitcoin?

1:00:06
Will Bitcoin Fail to Scale?
899Likes
36,379Views
2016Apr 2
Will Bitcoin Fail to Scale? In this talk, Andreas looks at scaling as an ongoing process. Using examples from the history of the Internet - which has "failed to scale, gracefully, for 25 years" -- he discusses the scaling debate and looks at how Bitcoin will scale over the next several years. Chapters 0:00 Introduction 1:42 The internet and Usenet 4:29 The regular and alternative group of Usenet 5:22 These alternative groups, being optional were the focus of this great debate. Should we carry them? 7:22 We will fail to scale for the next applications and succeed to scale for the previous ones 8:53 Multipurpose Internet Mail Extensions (MIME) 11:25 Voice Over Internet Protocol (VoIP) 12:25 Videos 14:43 Scale is not a goal to achieve, it is the definition of what can you do with the network today 15:29 Bitcoin is failing to scale gracefully 24:07 Q&A starts 24:23 I admired Mike for his work. I was very surprised by his strict position on the bitcoin community failed. Can you tell us your position on his move? 29:22 Have you ever been in doubt about the future of bitcoin? 32:28 Hundreds of altcoins has fallen down to zero already. How do you know that bitcoin is not the case of other altcoins? What's the difference between bitcoin and the other altcoins? 37:25 What is your personal preference? 41:14 Are the miners the ones who makes the decisions? 42:53 SegWit 44:36 Do you believe bitcoin can survive government intervention/regulation in a global scale? 48:15 Bitcoin predictions 50:42 What is your personal view on the great halving of 2016? 54:43 What makes people stick to bitcoin? Can banks adopt bitcoin? 1:00:06 Can patent law slow down bitcoin? This talk took place on on March 22nd 2016 for the Institute of Cryptoanarchy's Paralelni Polis event in Prague, Czech Republic / Czechia. This talk is featured in aantonop's bestselling book, The Internet of Money, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv1ebooks/ RELATED: Scaling complex systems -    • Bitcoin Q&A: Scaling Complex Systems   Layered scaling and privacy -    • Bitcoin Q&A: Layered Scaling and Privacy   Delivering Liberty, At Scale -    • Delivering Liberty, at Scale   Scaling is a moving target -    • Bitcoin Q&A: Scaling is a Moving Target   Scaling, trust, and trade-offs -    • Bitcoin Q&A: Scaling, Trust, and Trad...   Learn more about becoming a Community Builder:   / aantonop   ** Socials, Books, & More ** Website: https://aantonop.com Twitter:   / aantonop   Facebook:   / andreasmantonopoulos   Insta:   / amantonop   LinkedIn:   / aantonop   Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8 Audible: https://www.audible.com/author/Andrea... Music: "Unbounded" by Orfan (  / grassfedbitcoin  ) Don't forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications. Thanks for watching! Join the aantonop Channel: https://aantonop.io/joinaantonopyt #Bitcoin #BitcoinExplained #Cryptocurrency

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aantonop

346K subscribers