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With each the Bitcoin Unlimited and Segregated Witness efforts removed from reaching majority help and exploding transaction charges, the talk round tips on how to scale Bitcoin continues on. One of the important thing arguments towards greater blocks and Bitcoin Unlimited is blocksize restriction is required to create a wholesome price market. Dr Peter Rizun has been researching the economics of transaction charges in Bitcoin extensively and joined us to debate what dynamics have an effect on charges and why he thinks the blocksize restrict will ultimately fall.
Topics mentioned on this episode:
- Bitcoin seen by the eyes of a physicist
- The dynamics that decide transaction charges in Bitcoin
- How orphaning dangers drive the price market economics
- The relationship between the block reward and the price market
- Why the blocksize restrict will ultimately fall
- Why Peter helps Bitcoin Unlimited
- The state of dialogue between Bitcoin Core and Bitcoin Unlimited
Links talked about on this episode:
- Dr. Peter Rizun’s talk at Scaling Bitcoin Montreal 2015
- Dr. Peter Rizun: “A Transaction Fee Market Exists Without a Block Size Limit”
- XT Nodes – Bitcoin Hashrate Distribution
- Bitco.in Forum
- Ledger – Peer-Reviewed Journal on Cryptocurrency and Blockchain
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices – http://jaxx.io
- Ledger: Smart card safety to your Bitcoins – Get 10% off your first order once you use the code EPICENTER – http://ledgerwallet.com
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Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.