Scaling Bitcoin With The Erlay Protocol
In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the Erlay protocol, scaling Bitcoin and Minisketch.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastIn this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed the Erlay protocol. Erlay is a proposal to reduce the bandwidth required to run a Bitcoin node, which has been proposed and developed by University of British Columbia researchers Gleb Naumenko, Alexandra Fedorova and Ivan Beschastnikh; Blockstream engineer Pieter Wuille; and independent....
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Erlay will bring bandwidth efficiency gains to Bitcoin’s peer-to-peer layer by changing the transaction relay protocol where full nodes share data.
Today, the Encore Edition of the Onchain Scaling conference took place, discussing the many on-chain scalability solutions on the table for Bitcoin. Developer Jeff Garzik, Cornell professor Emin Gün Sirer, and lawyer Andrew Hinkes discussed hard fork potentials and the legal aspects of managing the blockchain protocol on-chain. Jeff Garzik: ‘Pushing the....
The lineup for the third edition of the bitcoin developer conference Scaling Bitcoin is now available. Released today, the lineup features a heavy emphasis on talks devoted to scaling, or proposed improvements that would boost the transaction capacity of the bitcoin protocol. Planned talks include "Sidechain Scaling" by Bloq’s Paul Sztorc and "Progress on Scaling via Client-Side Validation" by developer Peter Todd. The event is scheduled to be held from 8th to 9th October in Milan, Italy, at Politecnico di Milano. The full program is divided into six sections including....
The blockchain-focused gaming company Myria will launch its highly anticipated scaling solution as a Layer-2 protocol on the Ethereum network. The company, boasting a user base of 1.2 million, affirms that transactions will be instant and secure trades, along with zero-fee non fungible-token transactions. As a Layer-2 protocol on Ethereum, Myria will provide a comprehensive […]
This article summarizes a technical paper on scaling blockchains. I do not disaggregate the entire work, but I definitely get under the hood. So if you do not have the time, spoiler alert! “Here is the takeaway. Blockchains must be massively more scalable than the current tech that supports Bitcoin. We start scaling slowly or quickly. And if we choose the latter, it will “require fundamental protocol redesign.”” If you choose to read on, you will see the aforementioned again. Ready? As the classic joke goes, what do you get when you mix the Initiative for CyrpoCurrencies and Contracts....