“Bitcoin nodes use timeouts of 20min to receive a block, 2min for a txn. Can be exploited to blind peers.” - @HatforceSec #ScalingBitcoin
Invertible Bloom Lookup Tables scale really well - the larger the block, the smaller the relative size of the IBLT needed. #ScalingBitcoin
“Orphan risk costs are only marginal cost of adding a transaction to a block and thus drive the fee market.” - Jonathan Bier #ScalingBitcoin
“I sleep better at night knowing there’s a layer of altruistic people in Bitcoin protecting us from harsh realities of crypto” @petertoddbtc
Sharding UTXO database is difficult because transactions can modify multiple keyspaces. - @petertoddbtc #ScalingBitcoin
@kristovatlas Because there are no fallbacks (like to a legal system) in cryptography - the system must be airtight, covering all edge cases
Adversarial thinking: fixing a bug with 1/2^128 probability of occurring is worth a 3% performance hit. - Andrew Poelstra #ScalingBitcoin
bencxr Zero knowledge proofs can be deployed now - “they were ten-year-away crypto ten years ago!” - @MadarsV #ScalingBitcoin
“Zero knowledge proofs can enable private proofs of solvency.” - @MadarsV #ScalingBitcoin pic.twitter.com/50yqU8dDRi
“Zero knowledge proofs can bring privacy to Bitcoin.” (zerocoin protocol) @MadarsV #ScalingBitcoin pic.twitter.com/xZ8SXTAIt8
“Some users may be willing to pay more for privacy / fungibility at the expense of scalability.” - @adam3us #ScalingBitcoin
“Trade-offs are large data size & CPU requirements, but zerocash offers optimal privacy & fungibility.” - @adam3us #ScalingBitcoin
“Fungibility mechanisms can increase the number of txs, size of txs, and UTXO size.” @adam3us #ScalingBitcoin pic.twitter.com/uypnyQfq5r
“BIP9 would allow us to deploy up to 29 new soft forkable features simultaneously.” - @timoncc #ScalingBitcoin
@jgarzik Super bonus: you can set it up as a wi-fi hotspot and continue using your regular phone.
Checking out this hardware watch-only wallet with wi-fi that costs $2 #ScalingBitcoin pic.twitter.com/chx8zDM0uD