Time is our scarcest resource! People who spend money to buy themselves time report greater life satisfaction. https://t.co/6YPrxupDCA
twobitidiot Bitcoin: the more you know, the dumber you know you are.
@Sir_Lebowski @coindesk I think you misinterpreted my tweet - I wrote the article. Spent quite a few hours doing re… https://t.co/VbURnOu5Dj
@alexbosworth @santisiri @starkness @twobitidiot @zooko @coindesk Is there a writeup of how it functions? Is it pay… https://t.co/4i4kZmaLP3
If your takeaway was that there is no way to improve SPV technology, you must have stopped reading before page 13. 😉 https://t.co/wLnyfI5JOq
@richcollins I’m unaware of any implementations that support complex indexing or caching; I’m sure you could get so… https://t.co/M7C4XbRyqG
@santisiri @starkness @twobitidiot @zooko @coindesk What’s the word @alexbosworth? How do we learn more about your project?
@adiyoung Same as usual: HODL
I’d caution against trigger-happy dumping of your “free” Bitcoin Cash. If everyone dumps soon after fork, price could easily rebound later.
@shubh716 @ryanxcharles Seems you’d need to create native payment channel support into the full nodes and figure ou… https://t.co/aFgnoqX6dI
@zooko @coindesk Would simultaneously solve a number of DoS vectors, though it comes with a bootstrapping chicken &… https://t.co/pyo2ZW6PMN
@zooko @coindesk IMO it would be really cool if your full node earned micropayments for serving data & paid to rece… https://t.co/o7RKQnrUJ9
@_drgo @twobitidiot Not really possible to answer this question because there is no market for SPV access - it’s cu… https://t.co/HVMsjPsrt3
@TradeBlock Um, I think your block explorer died. tradeblock.com/bitcoin/
@lightcoin @dgenr818 I provided the entire range and linked to my calculations https://t.co/vZ2vl3EdjJ
@dgenr818 @lightcoin 500X is the high end - note that I provided graphs for how the cost of operating BIP37 servici… https://t.co/8upbdRPtJH
@_drgo @twobitidiot It was originally considered to be more private. Also it’s quite compact in terms of SPV client bandwidth.
@_drgo @twobitidiot Not following your logic - SPV is fundamentally broken from a privacy perspective.
@dgenr818 @ATT The packet switched network is Lightning 😉
To be clear, there are plenty of potential improvements to SPV.
@_drgo @twobitidiot Cheapest way to achieve high privacy would be to run a pruned fully validating node. They don’t… https://t.co/6QPSuRfwVT
My main conclusion is that we should strive to keep full node disk I/O reqs below what a single drive can sustain. https://t.co/wLnyfI5JOq
@bendavenport @coindesk Also worth noting that my original title was “Bitcoin’s SPV Scaling Struggles” but it got editorialized 😬
@bendavenport @coindesk Sure, though if you devise a new system then you should also ensure that it’s not susceptib… https://t.co/T1X2eEOqfg
@bendavenport @coindesk Right, but that’s how nodes operate today - no shared disk IO. Would become incredibly more… https://t.co/Viag44o4Gx
@bendavenport @coindesk More conns per node means each SPV client has “more time” to sync, but the total amount of… https://t.co/v2jGk5VeyW
@bendavenport @coindesk There is certainly plenty of room for improvement - would also be much more performant if new indexes were added.
@bendavenport @coindesk I determined that it’s not about the number of SPV connections per node but rather the rati… https://t.co/oJ7OGza9lY
When the architects of the early Internet asked for help building it, @ATT engineers told them a packet switched network couldn’t work.
coindesk Could SPV Support a Billion Bitcoin Users? Sizing up a Scaling Claim bit.ly/2u97Avp pic.twitter.com/afdeaXDHeE