16 April 2016

Bitcoin in the News : Satoshi Roundtable

My previous post, Bitcoin in the News : 2016-03, mentioned a 'Satoshi Roundtable', but what exactly is that? Google points to SatoshiRoundtable.org, a page titled 'Satoshi Roundtable | Private Retreat'.
What is Satoshi Roundtable? • It’s a small group of leaders involved in Blockchain technology: developers, CEOs, investors early adopters etc. who meet for a weekend retreat. Private, without the distractions of media, pitches and crowds of a typical event. Dates for Satoshi Roundtable II are Feb 26-28, at a resort in North America. Limited to 75 members.

The list of 'Confirmed 2016 Participants' must be a Who's Who of the bitcoin space, with cottage-industry-looking-for-venture-capital written all over it. The only organizations with general name recognition might be Bain Capital [Ventures] and Fidelity Investments.

A sub-page, 'Satoshi Roundtable in the News', lists five reports, including one of the links from my 'News : 2016-03' post: TechCrunch.com's After the Satoshi Roundtable, is there a way to bridge the bitcoin divide?. It explains,

The Rift • The opposing views of those advocating for preserving the current implementation of Bitcoin (Bitcoin Core), and those who believe that the block size needs to be increased immediately to overcome scalability challenges, has balkanized the Bitcoin developer community into mainly two camps. [...] As Matt Corallo put it: 'At this point, however, the entire Bitcoin community seems to have unified around a single vision – roughly 2MB of transactions per block, whether via Segregated Witness or via a hard fork, is something that can be both technically supported and which adds more headroom before second-layer technologies must be in place.'

Down the rabbit hole! What on earth is 'Segregated Witness'? Ditto for 'second-layer technologies'. I'll come back to this in another post.

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