The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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a16z 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
a16z 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
a16z Assertion Partly supported
Back: Bitcoin blocks are half full, half under one dollar
“The blocks are maybe a third to a half full on average, and if you look at, if you analyze the transactions in the block, about half of them are under a dollar.”
Adam Back Jan 2, 2019 ▶ 4:04 a16z Podcast | Hard Forks, Hard Choices for Bitcoin
a16z 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
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