<oembed><type>rich</type><version>1.0</version><author_name>npub1fvuxqdqg7klqqgy3yy8gdxjv4phu92sll5y8zqm2qe5qdrhxymhqf3vq7f</author_name><author_url>https://nostr.ae/npub1fvuxqdqg7klqqgy3yy8gdxjv4phu92sll5y8zqm2qe5qdrhxymhqf3vq7f</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2015-10-14&#xA;📝 Original message:I&#39;m reading it.&#xA;&#xA;First comment: since a Bitcoin block time is only greater than the median&#xA;of the last 11 blocks, a miner could choose the key block time in order to&#xA;generate about 400 miniblocks, instead of the average 60 blocks. Not very&#xA;bad, but should be taken into account.&#xA;&#xA;&#xA;&#xA;&#xA;On Wed, Oct 14, 2015 at 3:02 PM, Emin Gün Sirer &lt;&#xA;bitcoin-dev at lists.linuxfoundation.org&gt; wrote:&#xA;&#xA;&gt; Hi everyone,&#xA;&gt;&#xA;&gt; We just released the whitepaper describing Bitcoin-NG, a new technique for&#xA;&gt; addressing some of the scalability challenges faced by Bitcoin.&#xA;&gt; Surprisingly, Bitcoin-NG can simultaneously increase throughput while&#xA;&gt; reducing latency, and do so without impacting Bitcoin&#39;s open architecture&#xA;&gt; or changing its trust model. This post illustrates the core technique:&#xA;&gt;      http://hackingdistributed.com/2015/10/14/bitcoin-ng/&#xA;&gt; while the whitepaper has all the nitty gritty details:&#xA;&gt;      http://arxiv.org/abs/1510.02037&#xA;&gt;&#xA;&gt; Fitting NG on top of the current Bitcoin blockchain is future work that we&#xA;&gt; think is quite possible. NG is compatible with both Bitcoin as is, as well&#xA;&gt; as Blockstream-like sidechains, and we currently are not planning to&#xA;&gt; compete commercially with either technology -- we see NG as being&#xA;&gt; complementary to both efforts. This is pure science, published and shared&#xA;&gt; with the community to advance the state of blockchains and to help them&#xA;&gt; reach throughputs and latencies required of cutting edge fintech&#xA;&gt; applications. Perhaps it can be adopted, or perhaps it can provide the&#xA;&gt; spark of inspiration for someone else to come up with even better solutions.&#xA;&gt;&#xA;&gt; We would be delighted to hear your feedback.&#xA;&gt; - Ittay Eyal and E. Gün Sirer.&#xA;&gt;&#xA;&gt;&#xA;&gt; _______________________________________________&#xA;&gt; bitcoin-dev mailing list&#xA;&gt; bitcoin-dev at lists.linuxfoundation.org&#xA;&gt; https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#xA;&gt;&#xA;&gt;&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151014/7b921e1f/attachment-0001.html&gt;</html></oembed>