"...Bitcoin is a living, breathing, developing code base that is moving forward with new features to continue to scale..." There is exactly zero progress to make it scale in the last 10+ years.
A from-scratch tour of Bitcoin in Python
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Re: A from-scratch tour of Bitcoin in Python
#72I'm amazed that he has time for this kind of hobby work.
Re: A from-scratch tour of Bitcoin in Python
#73I wonder how strong would Elliptic Curve Cryptography be compared to other methods if there is a major breakthrough in quantum computing.
I wish this were talked about more. Quantum computing is the biggest long-term threat to crypto imo. What's the plan once elliptic curve cryptography can be broken? There will be a point in time where there are just a few quantum computers that can break everything before the general public has access to quantum computing. Can crypto work in that scenario? Normal computers wouldn't be able to work with the beastly al…
This is talked about all the time in Bitcoin dev circles.
Re: A from-scratch tour of Bitcoin in Python
#74That's a lot of upvotes. Do you folks really spend hours going through the whole blog post? I for one can never go through the whole blog post. My brain would be shouting at me the whole time to work on something that can generate passive recurring revenue instead.
Re: A from-scratch tour of Bitcoin in Python
#75Re: A from-scratch tour of Bitcoin in Python
#76Earlier quoted context omitted.
> There is exactly zero progress to make it scale in the last 10+ years. Lol, literally this week: https://taproot.watch/
Taproot doesn't make bitcoin scale its mainly to increase privacy.
It also enables Schnorr, which produces smaller signatures than ECDSA.
It also contains features to further improve the efficiency of Lightning, which is a shockingly effective scaling mechanism.
Re: A from-scratch tour of Bitcoin in Python
#77Re: A from-scratch tour of Bitcoin in Python
#78Earlier quoted context omitted.
Maybe most of his job is hype & marketing without delivering much
FSD rollout has been delayed many times. He's underperforming.
Re: A from-scratch tour of Bitcoin in Python
#79Re: A from-scratch tour of Bitcoin in Python
#80"...Bitcoin is a living, breathing, developing code base that is moving forward with new features to continue to scale..." There is exactly zero progress to make it scale in the last 10+ years.
What happened to the lightning network? (Serious question, I am out of the loop.)