cipher_2015

Newbie
13
Posts
33
Reputation
Apr 27, 2016
Joined
Recent posts
  • You can confirm authenticity anytime, don’t worry.

  • I’ve got loads of ASICs in my warehouse. Hit me up if you want to chat. Check my Telegram for updates: [link]

  • You’re leaning towards the intra-node sharding side, which is one of the two big perspectives here. The other one is inter-node sharding. Both sides tend to clash, claiming the other is wrong. But how about merging the…

  • So, the thesis is inter-validator sharding, the anti-thesis is intra-validator sharding, and the synthesis is that intra-validator sharding takes the lead. That way, nodes can adjust as needed.

  • Exactly what I'm talking about! If we can validate transactions beneath Nakamoto consensus, why should we stick to a centralized approach? Everybody competing for those big block sizes has to adapt or get left behind.…

  • Totally agree! The cool part is how we can spread transactions across blocks and the mempool using hash ranges, right? Instead of just node-to-node, think sub-node to sub-node. If we take a 1 MB block and split it into…

  • Scaling Bitcoin could hit insane block sizes if we manage nodes smartly, like delegating tasks. Imagine a team of 1024 handling 1024 times bigger blocks. But yeah, trust is a factor, and that's where teams of 16 to 32…

  • I’m not avoiding anything here. I’m talking about a novation network that limits agreements to three nodes at a time. It’s designed to simplify the coordination. N-hop payments are a different beast, and for that, the…

  • Here’s an update on what I think could work best for coordinating novation. You can even set up a novation network separately first, then build out from there to support billions. A 3-node majority vote hash lock sounds…

  • Came a bit late to the party on the old ‘commit register’ idea. Basically, it’s about Party A promising Party B something, and it works well for any-hop payment channels.

  • Why the sarcasm? The question raised is totally valid. My response gives a solid explanation. People need to stop being afraid to ask questions. Only those who ask can really learn, you know?

  • The payment coordination for Lightning was originally set up by Ryan Fugger way back in 2003. It’s kind of like his Ripple model, but with collateral added. He had a neat idea for penalties back in 2006, but it needs a…

  • I really believe in the potential of the Lightning Network, especially Ryan Fugger’s original idea of multihop payments. Imagine if every user acted as an intermediary, using crypto like Bitcoin or Ether as collateral.…