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"Right now our focus is on building out the base infrastructure so that there is actually a place to build the revenue producing business we'd like to have, and
by deftnerd 11y ago
"Right now our focus is on building out the base infrastructure so that there is actually a place to build the revenue producing business we'd like to have, and then we hope to circulate that back into building more good technology." - Greg Maxwell (nullc)
https://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin_sidechain_paper_authors_adam_back/clhoo7d https://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin...
"A lot of people think that Lightning is supposed to be some separate thing as well, but that's also planned to be transparently added to Bitcoin Core at some point. "
- Michael Marquardt (theymos)
"without an effective block limit and a functioning fee market the rational fee level is ~0; since POW security can adapt to any level, difficulty can fall to zero if fees are only paying for cpu and bandwidth, and then the system is left insecure" - Greg Maxwell (nullc)
https://np.reddit.com/r/Bitcoin/comments/358dz7/a_nondevs_personal_view_of_the_block_limit/cr2d58n https://np.reddit.com/r/Bitcoin/comments/358dz7/a_nondevs_pe...
"Fees approach zero without block constraints. Therefore, we need a low blocksize limit and layer 2 solutions like Lightning." - Lightning Network dev Joseph Poon
https://youtu.be/fst1IK_mrng?t=1h31m29s https://youtu.be/fst1IK_mrng?t=1h31m29s
"Some people have called the prospect of limited block space and the development of a fee market a change in policy compared to the past. I respectfully disagree with that. " - Pieter Wuille
http://cointelegraph.com/news/114966/garzik-predicts-chaos-if-changes-made-to-both-fee-structure-and-block-size http://cointelegraph.com/news/114966/garzik-predicts-chaos-i...
Just a few I found in 10 minutes.
- 3dfan 11y agoThank you!