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Re: Blockchain, block size and interledger (was: How do bank payments actually work?)

From: Tao Effect <contact@taoeffect.com>
Date: Tue, 26 Jan 2016 18:33:37 -0800
Cc: Web Payments <public-webpayments@w3.org>, Interledger Community Group <public-interledger@w3.org>
Message-Id: <99097612-DEC4-490C-A4CA-31FA7A7E67F5@taoeffect.com>
To: Fabio Barone <holon.earth@gmail.com>
> What do people here think about the potentially incumbent collapse of bitcoin as a crypto-currency itself and the block-size issue?

I think this BS and you should stop spreading it.

https://fixingtao.com/2016/01/point-by-point-response-to-mike-hearns-final-bitcoin-post/ <https://fixingtao.com/2016/01/point-by-point-response-to-mike-hearns-final-bitcoin-post/>

Cheers,
Greg

> On Jan 26, 2016, at 12:59 PM, Fabio Barone <holon.earth@gmail.com> wrote:
> 
> As suggested, I am starting a new thread for this topic.
> I apologize if I am coming over as verbose and/or cluttering your inboxes.
> 
> ****
> 
> What do people here think about the potentially incumbent collapse of bitcoin as a crypto-currency itself and the block-size issue?
> 
> The question is related to the blockchain itself, not bitcoin.
> Block size is ultimately a "political" decision of the community, and there appears to be a scism because of that.
> Not wanting to discuss that in itself (it's probably being discussed elsewhere),
> 
> but what do you guys think this means for blockchain technology itself?
> 
> Will we see a proliferation of different blockchains, making ILP even more interesting and important?
> 
> Could this be a blow to blockchain technology itself (unlikely IMHO), because limitations of this technology are becoming apparent?
> 
> What developments do you foresee happening in this field, also maybe not underestimating a potential collapse of the global economy this year?
> 
> On a side note, I like Ethereum's basic tenets but I am worried about a lock-in of some sorts...
> 
> 



Received on Wednesday, 27 January 2016 02:40:14 UTC

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