59 min listen
Emin Gün Sirer & Ittay Eyal: Bitcoin-NG – Scientists Versus the Church
FromEpicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Emin Gün Sirer & Ittay Eyal: Bitcoin-NG – Scientists Versus the Church
FromEpicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
ratings:
Length:
69 minutes
Released:
Nov 2, 2015
Format:
Podcast episode
Description
One of the concerns confronting the Bitcoin community is that of scaling the transaction throughput rate: How do we go from the current rate of approx. 5 transactions per second to a thousand times that?
In this episode, we talk to Emin Gun Sirer and Ittay Eyal from Cornell University regarding Bitcoin NG; a next generation Bitcoin blockchain design that addresses some protocol based limitations preventing Bitcoin from increasing transaction throughput.
Their proposal also enables fast (initial) transaction confirmations on the order of 10-20 seconds.
Topics covered in this episode:
Metrics to measure the security and fairness properties of Nakamoto consensus as implemented in Bitcoin.
A network emulation of Bitcoin designed by their team to study properties of Bitcoin network.
Technical design of Bitcoin NG
Concerns with Bitcoin NG
Impact of Bitcoin NG on various stakeholders if it is adopted in the main Bitcoin network.
Episode links:
Bitcoin-NG White Paper
Bitcoin-NG: A Secure, Faster, Better Blockchain
Bitcoin-NG and the Blockchain Test bed (Scaling Bitcoin Workshop Slides)
This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/103
In this episode, we talk to Emin Gun Sirer and Ittay Eyal from Cornell University regarding Bitcoin NG; a next generation Bitcoin blockchain design that addresses some protocol based limitations preventing Bitcoin from increasing transaction throughput.
Their proposal also enables fast (initial) transaction confirmations on the order of 10-20 seconds.
Topics covered in this episode:
Metrics to measure the security and fairness properties of Nakamoto consensus as implemented in Bitcoin.
A network emulation of Bitcoin designed by their team to study properties of Bitcoin network.
Technical design of Bitcoin NG
Concerns with Bitcoin NG
Impact of Bitcoin NG on various stakeholders if it is adopted in the main Bitcoin network.
Episode links:
Bitcoin-NG White Paper
Bitcoin-NG: A Secure, Faster, Better Blockchain
Bitcoin-NG and the Blockchain Test bed (Scaling Bitcoin Workshop Slides)
This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/103
Released:
Nov 2, 2015
Format:
Podcast episode
Titles in the series (100)
Alan Meckler, Andreas Schildbach, Elie Chevignard, Hubert Gertis, Josh Zerlan, Moe Adham, Philippe Rodriguez, Rafael Rodriguez, Stanislav Wolf, Thomas Hessler & Tuur Demeester: Inside Bitcoins Berlin 2014 – Conference Floor Interviews by Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies