Scalability

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What the Scalability of Bitcoin Means to the Average Gambler

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Since Gavin Andresen's proposal to increase the Bitcoin block size, how Bitcoin can scale to accommodate higher transaction volumes has been heatedly debated among developers. One of the most promising long-term options to allow near infinite scalability is the Lightning Network. Joseph Poon and Tadge Dryja, the co-authors of the whitepaper, joined us for a discussion of scalability and how the lightning network could allow massive numbers of off-chain transaction in a trustless way.

Topics covered included:
- Why Bitcoin has a scalability problem
- How payment channels work and the architecture of the Lightning Network
- Why the Lightning Network would still require a block size increase
- How transaction fees would work in the Lightning Network
- How the Bitcoin blockchain would take on a court-like function to ensure honest off-chain behavior
- The risks and downsides to the Lightning Network

Links mentioned in this episode: 

- Gavin Andresen - Why Increasing the Block Size is Urgent: http://bit.ly/1Blccfj
- Mike Hearn - The Capacity Cliff: http://bit.ly/1Ap8NRP
- Mike Hearn - Crash Landing: http://bit.ly/1HrOhNd
- Rusty Russell - Series on the Lightning Network Parts 1-4: http://bit.ly/1F54zKo, http://bit.ly/1Ap7LVQ, http://bit.ly/1Ap7Pos, http://bit.ly/1PH8xnM
- Lightning Network Whitepaper: http://bit.ly/1Symmnu
- Lightning Network website: http://bit.ly/1Ap8Xsj

Sponsors: 

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Show notes: http://epicenterbitcoin.com/podcast/080
YouTube: https://youtu.be/fBS_ieDwQ9k


Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
 
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EB80 – Joseph Poon & Tadge Dryja: Scalability And The Lightning Network

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Close to two years after the initial whitepaper, the revolutionary Ethereum network has finally launched. The decentralized smart contract platform is, without a doubt, the most exciting cryptocurrency project since Bitcoin. The versatile platform with its turing-complete scripting language aspires to power the distributed applications of the future.

Ethereum Founder Vitalik Buterin joined us for the second time to discuss the Frontier Launch, future plans for scalability, governance and the road ahead for the organization and the protocol.

Topics covered included:
- Ethereum's frontier launch and the upcoming development stages
- The plans for how to create a scalable blockchain architecture
- The thinking around transitioning to proof-of-stake
- The state and new board of the Ethereum Foundation
- How Ethereum's development will be funded in the longer term
- His thoughts on the governance of Ethereum and Bitcoin
- When private blockchains make sense and if Ethereum
- What mistakes were made during the development of Ethereum

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Sponsors: 

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Show notes: http://epicenterbitcoin.com/podcast/091
YouTube: https://youtu.be/3uvbIyzsCLY


Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
 
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc

EB91 – Vitalik Buterin: Ethereum Frontier Launch, Scalability And The Road Ahead

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Roger Ver is one of the earliest Bitcoin investors and through his tireless evangelizing of the cryptocurrency became known as 'Bitcoin Jesus'. Roger joined us to discuss Bitcoin's incredible potential to foster liberty. We also discussed how the current stalemate about how to scale Bitcoin is threatening that potential. And, finally, the mining pool operated by his site Bitcoin.com that is supporting the Bitcoin Unlimited client.

Topics discussed in this episode:
- How Roger Ver became the first investor in Bitcoin startups
- What the Bitcoin community was like in 2011
- The appeal of Bitcoin for voluntaryists
- Why the scalability stalemate is crippling Bitcoin
- Bitcoin.com's new mining pool and support for Bitcoin Unlimited
- His vision for the future of Bitcoin

Links mentioned in this episode: 
- Bitcoin.com: https://www.bitcoin.com/
- Roger Ver Uncut Video: https://www.youtube.com/watch?v=-JieIxoBcZM
- Bitcoin Unlimited: https://www.bitcoinunlimited.info/faq
- Hashrate Distribution Mining Pools & Clients: https://www.bitcoinunlimited.info
- BLOCKTRAIL | Bitcoin API and Block Explorer: https://www.blocktrail.com/BTC/pools?resolution=1w
- Roger Ver: TIme to End the Block-Size Blockade: https://steemit.com/bitcoin/@rogerkver/time-to-end-the-block-size-blockade-by-roger-ver
- Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money: http://amzn.to/1LxK5im

Sponsors: 
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
- Ledger: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER - http://ledgerwallet.com

This episode is also available on :
- Epicenter.tv: https://epicenter.tv/163
- YouTube: http://youtu.be/VUegfo-8HKc
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-164

Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.

163 – Roger Ver: Bitcoin, Liberty and the Scalability Roadblock

Michael Carney sits down with Garry Tan, Nick Tomaino, and Preethi Kasireddy to dig into key issues involving blockchain technology.