What are the scaling trade-offs in the so-called “block size debate”? Moore’s Law, increasing capacity through additional layers, and the two engineering strategies: make the pipe bigger vs. make the content smaller (compression). Are we in a “honeymoon” period in terms of innovation potential without patents? Does Ethereum face more scaling challenges than Bitcoin? Will open blockchains compete or cooperate with banks, such as… offering fractional reserve services?
This question is from a talk which took place on May 18th 2018 for the WeAreDevelopers World Congress at Austria Center Vienna in Vienna, Austria: https://www.wearedevelopers.com/speakers/
If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
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Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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"You cannot create money out of nothing, therefor you need banks…" – Best sentence ever. I love it
if(andreas) likes++;
Always; Passionate, Informative, Engaging & Succinct – Thank you! (PIES – you heard it here first)
The funny part is that you're so much better at delivering speeches in public than you are at talking in front of a camera explaining stuff. There's an energy that you have which gets lost when you're doing educational vlogs.
Aren't meta-tokens creating money out of thin air in a cryptocurrency? Example all ICOs.
Andreas is GOAT
Preach
5 bankers didnt like this video.
I love the way Andreas brings his thoughts on things in understandable english (also for non-ict people), thank you for that!
Respect Andreas !!
Great, just great :)))
4:08– 4:24 I clapped too.
AA is amazing
Canada states they are looking at blòckchain to monitor cannabis transactions as they become legal in Canada in September. This is hugh as to acknowledgement and adoption of decentralized applications as opposed to current systems for monitoring these types of transactions
Smash up the likes!
A big thumbs up… Fractional Reserve Banking is massively unknown to the people, the effect of QE (next load likely in 2019) is also not understood. Shrinking time lines caused by the network effect of knowledge sharing will coincide with the network effect of adoption. Those two shrinking timelines will be interesting. The truth is unstoppable.
bcash believers disliked
Just love Andreas. Always a joy to listen to him. Thank you.
Man. You've gotta run up for presidency. The world needs a new decentralized world order and leaders like you. You got my first vote.
Love you anton, you spread this priceless knowledge.
For Bitcoin (or other Cryptocurrencies) to function as money in an economy without the need for a central bank, we need an elastic money supply controlled by Bitcoin's protocol. Any suggestions on how to do that?
sneaky chirp at BCH i see u
This is gold…. er….I mean bitcoin.