Adam Back

7 statements across 1 episodes · 4 bullish · 0 bearish · 2 people on the record · first statement Jan 2, 2019 by Adam Back · across every show →

On the record as a speaker too: Adam Back's record, appearances and statements → this page counts the times other people say the name.

Everything said about Adam Back, oldest first

Jan 2, 2019 neutral
Disclosure
Back proposes scaling Bitcoin block size limit to 8MB over four years
“So the proposal I made was to increase to two megabytes failure immediately, as soon as we can roll out change, which to be clear, any of them would take about six months to roll out. Increase to four megabytes after two years, and eight megabytes after four y…”
Adam Back Jan 2, 2019 ▶ 10:06 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019 positive
Opinion
Morkos: Back's proposal provides crucial temporary scaling relief
“I think that's why you know, a proposal like Adams, which sort of gives you that temporary breathing room, and in the long term, more time to implement the right solution, may make a lot of sense.”
Alex Morkos Jan 2, 2019 ▶ 12:34 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019
Assertion Partly supported
Back: Bitcoin soft forks require 95% miner consensus to activate
“These things don't activate until 95% of the miners are upgraded, so, and there's a long window of warning that the upgrade is happening, six months or so.”
Adam Back Jan 2, 2019 ▶ 3:09 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019 positive
Prediction Held up
Back: Lightning Network implementations will yield results within six months
“There's a GitHub and a development mailing list, and there are now three, I think maybe four companies who've come forward with implementations of the early stages of it, and we're hopeful that we'll see results from that within the six-month time frame.”
Adam Back Jan 2, 2019 ▶ 15:13 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019 neutral
Assertion Not checkable as stated
Back: 99% of Bitcoin transactions occur off the main blockchain
“Estimates are something like currently 99% of them are happening off the blockchain.”
Adam Back Jan 2, 2019 ▶ 13:17 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019 positive
Assertion Not checkable as stated
Back: Everyone agrees Bitcoin needs a block size increase
“If we need to increase the block size, which I think everybody agrees with at this point in time.”
Adam Back Jan 2, 2019 ▶ 3:22 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Jan 2, 2019 bullish
Prediction Held up
Back: Lightning Network could scale Bitcoin capacity up to 10,000x
“There's also right now quite active work on this sort of Bitcoin enhancement called lightning, which is a best described as a kind of right caching layer for Bitcoin, which might scale Bitcoin by a factor of a thousand or 10,000.”
Adam Back Jan 2, 2019 ▶ 14:48 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,000 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.