With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let’s talk Erlay, Dandelion,…
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With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let’s talk Erlay, Dandelion, & BitcoinOps!
Don’t forget to check out and follow the completely free BitcoinOptech Newsletter to stay up on all the new developments in Bitcoin and lightning:
https://bitcoinops.org/en/newsletters/2019/06/05/
A link to the official Erlay research paper with tons more data and analysis for a deep dive into this P2P improvement:
https://arxiv.org/pdf/1905.10518.pdf
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With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let’s talk Erlay, Dandelion, & BitcoinOps!
Read MoreIn the epic conclusion of the 21 lessons of the Bitcoin Rabbit hole, we talk about the technology, the network, and how Bitcoin is set to change the world. “The future is here, its just not evenly distributed.” Don’t miss the 3rd & final Chapter of @Dergigi’s excellent piece! Check out the full site with…
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In the epic conclusion of the 21 lessons of the Bitcoin Rabbit hole, we talk about the technology, the network, and how Bitcoin is set to change the world. “The future is here, its just not evenly distributed.”
Read MoreContinuing our expedition through the lessons of the Bitcoin Rabbit Hole, we explore the realities of economics & the truth of money that is revealed by Bitcoin’s nature. Don’t miss the next 7 lessons on the economics that bitcoin teaches in our tumble down the rabbit hole. Explore the many other links, graphics, and charts…
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Continuing our expedition through the lessons of the Bitcoin Rabbit Hole, we explore the realities of economics & the truth of money that is revealed by Bitcoin’s nature. Don’t miss the next 7 lessons on the economics that bitcoin teaches in our tumble down the rabbit hole.
Read MoreAn epic journey with author @dergigi on the unexpected lessons he learned tumbling down the Bitcoin rabbit hole. One can always take a closer look at Bitcoin and the strange, new phenomenon that it is. Don’t miss this excellent 3 part series found at dergigi.com! Explore the other work and incredible list of further reading…
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An epic journey with author @dergigi on the unexpected lessons he learned tumbling down the Bitcoin rabbit hole. One can always take a closer look at Bitcoin and the strange, new phenomenon that it is. Don’t miss this excellent 3 part series found at dergigi.com!
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“Those who argue “high fees will kill adoption” fail to understand the intensity of assurances Bitcoin offers, and the ease at which it does this. Put lightly — Bitcoin is insanely cheap compared to alternative options for obtaining high degrees of assurance. Bitcoin is a vehicle built for moon missions, but we are giving it…
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