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Bitcoin Nodes vs. Noses - An Axiom For Discussing Bitcoin's Scaling & Centralization Problem

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Published on Nov 11, 2015

The block-size debate is a proxy war between centralization and anonymity. This needs to be solved before we end up with something worse than MasterCard.

The good news (or great news) is that adding identity to mining can allow Bitcoin to scale almost infinitely, immediately.

James spoke about this at the MIT conference on Scaling in 2016, so watch this talk for more information: https://www.youtube.com/watch?v=UVuUZ...

He also did a full length interview on this topic with the guys at Epicenter Bitcoin
https://www.youtube.com/watch?v=_RC8w...

These ideas were built in collaboration with Conner Davidson, and as a result I have named the resulting democratic consensus algorithm the Conner Consensus.

Follow me on Twitter @JamesGDAngelo

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