[Cryptography] the people's money, not, was Proof of Work is the worst way to do a BlockChain

John Levine johnl at iecc.com
Sat Feb 24 18:07:22 EST 2018


In article <ebc92a93-8106-5457-432e-5437fb174d2b at echeque.com> you write:
>There are things terribly wrong with Satoshi's  design.  It hitting 
>scaling limits hard.  But it revealed huge demand.

Uh huh.  I did a back of the envelope calculation about how many
people you can pay with Bitcoin compared to how many you can pay other
ways.

https://jl.ly/Internet/bitsome.html

R's,
John


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