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Peter R. Rizun
@PeterRizun
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Following
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Building specialized hardware to accelerate cryptocurrency
Vancouver, British Columbia
Joined February 2017
@DrChrisWilmer @Justin_Bons Yes, the nothing-at-stake problem cannot be fixed, only tolerated.
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@ChrisPacia @SenSanders I think his nuanced answer was good. Of course, health care is not a right that we are _endowed_ with like free speech is, but some might say it’s part of the social contract of living in a modern society. Drawing the distinction between negative and positive rights was helpful.
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Yes this is correct. Libbitcoin is written in a _scalable_ way so that it will take advantage of the available hardware. Roughly speaking, a machine twice as powerful with twice the internet bandwidth will complete IBD twice as fast. This is a really good thing because it means that libbitcoin will automatically scale with advances in hardware.
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@fnietom @evoskuil @LukeDashjr @AndreaPireddaHK Eric gave two figures: one for "assume valid" and one for full validation. Both are much faster than Core because libbitcoin uses a scalable parallelized architecture. Are you not supportive of work that makes IBD faster?
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RT @evoskuil: @PeterRizun Apparently I'm blocked now. The idea of a scalable node threatens the whole house of cards. He's just gonna prete…
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@evoskuil @LukeDashjr @SalviaUnchained @fnietom @AndreaPireddaHK What are you guys even arguing about? Libbitcoin has faster IBD times than Core because its architecture is parallelized and can take advantage of all the available hardware while Core cannot. How is this in dispute?
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It's relevant because libbitcoin can perform IBD (with full validation) much faster than Core. It is able to do this because it's built around a highly-parallelized architecture. Further, libbitcoin is "scalable" in the sense that it takes full advantage of the hardware available: with twice the hardware resources, IBD will be (roughly) twice as fast. With a bit more work, libbitcoin IBD will be limited only by a user's internet bandwidth....
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RT @rogerkver: Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me @realDonaldTru…
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RT @clemensley: @PeterRizun: "Society goes mad all at once, while they become sane one by one". A must watch interview on the scalability…
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Anything but millions of transactions per block paying a penny each!
@hash_bender A tail emission hard fork or a demurrage soft fork are the obvious solutions. There are no PoW coins that survive on fees alone.
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RT @PrimozZgavec: If we compare $Kaspa and $Nexa: Both have solved the "trilemma". Both are mined. Both offer exceptional speed. But Nexa o…
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RT @TheDesertLynx: It was a huge pleasure having @PeterRizun on to go over the latest breakthroughs in crypto scaling. It's crazy to think…
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RT @yacineMTB: stop listening to people. literally just ignore them. everything that is considered the "right thing to do" is simply the WR…
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