The issue is simple, scale and cost.
Scale needs to be 10 billion tps and up.
Cost needs to be under 0.001 US cents a standard tx.
Nothing else matters, cost always wins in the long term.
The best technology always wins, but, you don't choose the needs of others, so cannot set what is the "best"
Beta vs VHS...
VHS was by far superior. It allowed a movie or a full football game, with Beta, you needed to change tapes.
Arguments of pixel count are meaningless. The system played on a TV. The VHS system did the requirements for pixels, saying Beta could do more, so what....
You are displaying on a TV.
The entire best technology does not win Argument was always just an anti innovation, anti capitalism attack.
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646743482376719?thread_ts=1646743482.376719&cid=C5131HKFX
https://t.me/CSW_Slack/4153
Scale needs to be 10 billion tps and up.
Cost needs to be under 0.001 US cents a standard tx.
Nothing else matters, cost always wins in the long term.
The best technology always wins, but, you don't choose the needs of others, so cannot set what is the "best"
Beta vs VHS...
VHS was by far superior. It allowed a movie or a full football game, with Beta, you needed to change tapes.
Arguments of pixel count are meaningless. The system played on a TV. The VHS system did the requirements for pixels, saying Beta could do more, so what....
You are displaying on a TV.
The entire best technology does not win Argument was always just an anti innovation, anti capitalism attack.
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646743482376719?thread_ts=1646743482.376719&cid=C5131HKFX
https://t.me/CSW_Slack/4153
Telegram
CSW - Slack Channel
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646743482376719?thread_ts=1646743482.376719&cid=C5131HKFX
https://t.me/CSW_Slack/4153
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646743482376719?thread_ts=1646743482.376719&cid=C5131HKFX
https://t.me/CSW_Slack/4153
Solon believed that law should be set in stone and enacted legislation that was carved into stone pillars and was argued to be able to remain in force for at least a century without change. Solon left Greece so that people would think for themselves and that they couldn’t beg him to change the law.
In some ways, this mirrors the condition of how bitcoin was founded. The creation of rules were done in a way that was supposedly set in stone but as with Solon, other people took charge and changed the rules. In the time of Solon, there was a lack of literacy and people needed to employ others to interpret the writing in the stone. In regards to bitcoin, the development teams used the mythology of how difficult bitcoin was to promote the concept of it being out of the understanding of average people.
“When he had completed his organisation of the Constitution in the manner that had been described, he found himself beset by people coming to him and harassing him concerning his laws, criticising here and questioning there, till, as he wished neither to alter what he had decided on nor yet be an object of ill will to everyone by remaining in Athens, he set off on a journey to Egypt… Giving out that he should not return for ten years”
Aristotle - The Athenian Constitution
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646744634958669?thread_ts=1646744634.958669&cid=C5131HKFX
https://t.me/CSW_Slack/4155
In some ways, this mirrors the condition of how bitcoin was founded. The creation of rules were done in a way that was supposedly set in stone but as with Solon, other people took charge and changed the rules. In the time of Solon, there was a lack of literacy and people needed to employ others to interpret the writing in the stone. In regards to bitcoin, the development teams used the mythology of how difficult bitcoin was to promote the concept of it being out of the understanding of average people.
“When he had completed his organisation of the Constitution in the manner that had been described, he found himself beset by people coming to him and harassing him concerning his laws, criticising here and questioning there, till, as he wished neither to alter what he had decided on nor yet be an object of ill will to everyone by remaining in Athens, he set off on a journey to Egypt… Giving out that he should not return for ten years”
Aristotle - The Athenian Constitution
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646744634958669?thread_ts=1646744634.958669&cid=C5131HKFX
https://t.me/CSW_Slack/4155
Telegram
CSW - Slack Channel
CSW
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646744634958669?thread_ts=1646744634.958669&cid=C5131HKFX
https://t.me/CSW_Slack/4155
Mar 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646744634958669?thread_ts=1646744634.958669&cid=C5131HKFX
https://t.me/CSW_Slack/4155
Decentralisation
By Craig Wright
18 Mar 2022 |
https://craigwright.net/blog/bitcoin-blockchain-tech/decentralisation/
By Craig Wright
18 Mar 2022 |
https://craigwright.net/blog/bitcoin-blockchain-tech/decentralisation/
craigwright.net
Decentralisation
Global Blockchain Scaling with Dr. Craig Wright
by Cambridge Metanet Society
Free Register
Share this event
Date and time
Tue, 22 March 2022
18:00 – 20:00 GMT
Location
Gonville & Caius College, University of Cambridge
Trinity Street
Cambridge
CB2 1TA
United Kingdom
https://orlo.uk/kaX3E
by Cambridge Metanet Society
Free Register
Share this event
Date and time
Tue, 22 March 2022
18:00 – 20:00 GMT
Location
Gonville & Caius College, University of Cambridge
Trinity Street
Cambridge
CB2 1TA
United Kingdom
https://orlo.uk/kaX3E
Eventbrite
Global Blockchain Scaling with Dr. Craig Wright
We are welcome Dr. Craig Wright, inventor of the Bitcoin Protocol, in Cambridge to give a talk about global blockchain scaling.
👍1
2020. (2030)
10 billion TPS
Average fee, 0.001 US cents
That is my one real promise
Script
Able to naked transactions
That can sit 200 years and remain valid
Boring, Don't care
Everything ETH can do... but, 10,000 plus x cheaper
I know, boring
2030 10b tps
CSW
Mar 9, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646852223447739?thread_ts=1646852223.447739&cid=C5131HKFX
https://t.me/CSW_Slack/4165
10 billion TPS
Average fee, 0.001 US cents
That is my one real promise
Script
Able to naked transactions
That can sit 200 years and remain valid
Boring, Don't care
Everything ETH can do... but, 10,000 plus x cheaper
I know, boring
2030 10b tps
CSW
Mar 9, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646852223447739?thread_ts=1646852223.447739&cid=C5131HKFX
https://t.me/CSW_Slack/4165
Telegram
CSW - Slack Channel
CSW
Mar 9, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646852223447739?thread_ts=1646852223.447739&cid=C5131HKFX
https://t.me/CSW_Slack/4165
Mar 9, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646852223447739?thread_ts=1646852223.447739&cid=C5131HKFX
https://t.me/CSW_Slack/4165
Let me again make this clear.
Slack is not a place for discussion on anything that changes bitcoin.
Nowhere is.
As bitcoin does not change.
But, I will not stay if we discuss changes. And, these STILL will not ever for any reason occur
If you don't like it, stiff fucking shit.
Bitcoin is not a community project.
Bitcoin is not a democracy
Bitcoin is a protocol and it is fixed, set in stone!
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646884029139809?thread_ts=1646884029.139809&cid=C5131HKFX
https://t.me/CSW_Slack/4168
Slack is not a place for discussion on anything that changes bitcoin.
Nowhere is.
As bitcoin does not change.
But, I will not stay if we discuss changes. And, these STILL will not ever for any reason occur
If you don't like it, stiff fucking shit.
Bitcoin is not a community project.
Bitcoin is not a democracy
Bitcoin is a protocol and it is fixed, set in stone!
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646884029139809?thread_ts=1646884029.139809&cid=C5131HKFX
https://t.me/CSW_Slack/4168
Telegram
CSW - Slack Channel
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646884029139809?thread_ts=1646884029.139809&cid=C5131HKFX
https://t.me/CSW_Slack/4168
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646884029139809?thread_ts=1646884029.139809&cid=C5131HKFX
https://t.me/CSW_Slack/4168
👍1
Craig Wright Interview - Bitcoin & Source of Funds & AMA (part 2)
https://www.youtube.com/watch?v=mgJ9DNTZRc0
MetaNet ICU - 20/Mar/2022
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by @BSVVideosBot / @BSVBots
https://www.youtube.com/watch?v=mgJ9DNTZRc0
MetaNet ICU - 20/Mar/2022
--
by @BSVVideosBot / @BSVBots
YouTube
Craig Wright Interview - Bitcoin & Source of Funds & AMA (part 2)
AMA
Join us in our 2nd part as we discuss bitcoin and source of funds with Craig Wright, interviewed by Michael Wehrmann & Joel Dalais.
Twitter
https://twitter.com/Dr_CSWright
https://twitter.com/MichaelWehrmann
https://twitter.com/JoelDalais
Metanet Membership…
Join us in our 2nd part as we discuss bitcoin and source of funds with Craig Wright, interviewed by Michael Wehrmann & Joel Dalais.
https://twitter.com/Dr_CSWright
https://twitter.com/MichaelWehrmann
https://twitter.com/JoelDalais
Metanet Membership…
👍2
A rational argument around nodes.
Dr. Craig Wright
Mar 24, 2022
This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author
https://coingeek.com/a-rational-argument-around-nodes/
Dr. Craig Wright
Mar 24, 2022
This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author
https://coingeek.com/a-rational-argument-around-nodes/
CoinGeek
A rational argument around nodes
The only purpose of running a 'node' that doesn't create blocks is to monitor and receive transactions quickly and validate transactions receipt faster. There is no benefit to the network overall.