Peter Rizun - Converging on Consensus
Channel: Satoshi's Vision Conference
Date: 2018-03-26

Through proof-of-work mining, the Bitcoin network converges upon a common history for the ordering and validity of transactions.  It is from this mining activity that the “blockchain structure” emerges.  In my talk, we will consider how the work the miners are already performing can be further leveraged to converge upon a common history more quickly, resulting in a “subchain structure” within each block.  The existence of this subchain structure leads to useful network properties including fast double-spend-resistant transactions, lower fees, and more.

https://www.satoshisvisionconference.com/ 

Presented by Bitcoin Unlimited
https://www.bitcoinunlimited.info/

Thanks to our main sponsors, Bitcoin.com and Bitmain
https://www.bitcoin.com/
https://www.bitmain.com/

Intro/Outro music by Mamiya: https://soundcloud.com/mamiya/japanese-traditional-instruments-beat-track
http://mamiyamusic.com/