Bitcoin Q&A: Scaling, Privacy, and Protocol Ossification

Can Bitcoin nodes now handle a block size increase? Moore’s Law slowing down. What are the main bottlenecks in decentralized open blockchains? Network bandwidth and latency. Bootstrapping new nodes with Initial blockchain downloads (IBDs). What did the last scaling debate demonstrate? What can we include before protocol ossification? Privacy and anonymity should be improved in the first layer; scaling in secondary layers. People have an irrational fear of anonymous money even though we have used cash for much longer than surveilled monetary systems.

These questions are from the Seattle ‘Internet of Money’ tour event, and the December monthly subscriber session, which took place on November 10th and December 15th 2018, respectively.

If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
What is Consensus: Rules without Rulers – https://youtu.be/2tqo7PX5Pyc
Bitcoin Security: Bubble Boy and the Sewer Rat – https://youtu.be/810aKcfM__Q
Bitcoin, A New Species of Money: An Evolutionary Perspective on Currency – https://youtu.be/G-25w7Zh8zk
Measuring Success: Price or Principle – https://youtu.be/mPMsbgWl9p4
Why Open Blockchains Matter – https://youtu.be/uZPIz3ArQww
Decentralised Globalisation – https://youtu.be/QoiR4aNbTOw
Investing in Education instead of Speculation – https://youtu.be/6uXAbJQoZlE
Beyond Price: Bitcoin’s Impact on the Future – https://youtu.be/rvwVbRQ5Ysc
Why I’m against ETFs – https://youtu.be/KSv0J4bfBCc
Regulation and the bank boycott – https://youtu.be/8ypH69Cb1l0
Remittances and smuggling in Venezuela – https://youtu.be/RRXecXfWARw
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0
Hyperbitcoinization – https://youtu.be/AB5MU5fXKfo
Why permissioned blockchains fail – https://youtu.be/GEQzlJ_WL-E
Protocol development security – https://youtu.be/4fsL5XWsTJ4
How to avoid re-creating systems of control – https://youtu.be/EfoGnDoaBL8
Wallets, nodes, and monetary sovereignty – https://youtu.be/8Hb3tUn8s4E
Is bitcoin testing governments? – https://youtu.be/UfRGo2LAIpo
Geopolitics and state-sponsored attacks – https://youtu.be/htxPRTJLK-k

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM: https://amzn.to/2xdxmlK

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt

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