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Christian Decker is a PhD scholar at ETH Zurich, the place he’s presently ending up the world’s first PhD thesis completely about Bitcoin. The laptop scientist has been a part of the Bitcoin group since 2009 and only recently turned off his final miner after 6.5 years!
We talked in regards to the present scalability debate and what his analysis indicated what blocksize may moderately be dealt with right now. We additionally mentioned his proposal for Duplex Micropayment Channels. Like the Lightning Network, Duplex Channels use a community of cost channels to allow low cost, on the spot and trustless offchain transactions. The proposal, which he’s presently implementing, is likely one of the most promising approaches to scaling Bitcoin.
Topics coated included: – How shedding 9000 btc obtained him on the entrance web page of the New York Times – The scaling Bitcoin debate and what blocksize could possibly be dealt with right now – How cost channels work and could possibly be used for off-chain transactions – The benefits Duplex Micropayment Channels have close to privateness – The variations between Duplex and the Lightning Network – Whether off-chain transactions may work on Ethereum as properly
Links talked about on this episode:
– Christian Decker’s ETH homepage http://bit.ly/1XlB6Wr – A Fast and Scalable Payment Network with Bitcoin Duplex Micropayment Channels [PDF] http://bit.ly/1N4co7k – Bitcoin Meets Strong Consistency [PDF] http://bit.ly/1N4cgVe – Information Propagation within the Bitcoin Network [PDF] http://bit.ly/1YpurwR – Epicenter Bitcoin Lightning Network Episode http://bit.ly/1MxUYCP
Sponsors:
– Shapeshift: Buy and promote alt cash immediately at http://ShapeShift.io
Show notes: http://epicenterbitcoin.com/podcast/106 SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-106
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy
– Visit our web site: http://epicenterbitcoin.com – Subscribe to our publication: http://epicenterbitcoin.com/publication – Twitter: http://twitter.com/epicenterbtc
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