From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id B4735258 for ; Wed, 14 Oct 2015 18:02:36 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-qg0-f45.google.com (mail-qg0-f45.google.com [209.85.192.45]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 1263B19E for ; Wed, 14 Oct 2015 18:02:36 +0000 (UTC) Received: by qgeo38 with SMTP id o38so5848819qge.0 for ; Wed, 14 Oct 2015 11:02:35 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:from:date:message-id:subject:to:cc:content-type; bh=hYX1DanpM2SUq7lL0tLnYygM/xgfrrpDS64k02u0LzA=; b=PX5saABr3EX6kMaDwScJUGLbucF1rk6fxnxezJglQXwbIdJnR/NMH7kKAN6rzvTDTe 3XGdON/mA7TON7Be0sGKL4e+n1P1xvUjzh7rz1ySBpu7+aM/fex7Vy/2xDC+21HsGUFo /WxDsuSUGNcgjis3j8zNfVdYvD3l0TEAP2Jn8kqwmWaCgVzM9BuJlMPqGDDYZjG6Prqn EU9hs1iC5kohloDgwke48TxFGQnaG2TpHOwCmqnyld5TsNQaTF4E2ZwVy4R0SXtwAnKJ WjqKSVqLMi8JipQZMtBVH0RUyu9QDuB+kedMweWVrxKdDrFWZ+hhR01yj4OeUeg17VrB J11g== X-Received: by 10.140.101.110 with SMTP id t101mr5827878qge.20.1444845755224; Wed, 14 Oct 2015 11:02:35 -0700 (PDT) MIME-Version: 1.0 Received: by 10.140.81.149 with HTTP; Wed, 14 Oct 2015 11:02:15 -0700 (PDT) From: =?UTF-8?Q?Emin_G=C3=BCn_Sirer?= Date: Wed, 14 Oct 2015 14:02:15 -0400 Message-ID: To: bitcoin-dev@lists.linuxfoundation.org Content-Type: multipart/alternative; boundary=001a11c1705afef3590522145d48 X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: Ittay Eyal Subject: [bitcoin-dev] Bitcoin-NG whitepaper. X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Wed, 14 Oct 2015 18:02:36 -0000 --001a11c1705afef3590522145d48 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable Hi everyone, We just released the whitepaper describing Bitcoin-NG, a new technique for addressing some of the scalability challenges faced by Bitcoin. Surprisingly, Bitcoin-NG can simultaneously increase throughput while reducing latency, and do so without impacting Bitcoin's open architecture or changing its trust model. This post illustrates the core technique: http://hackingdistributed.com/2015/10/14/bitcoin-ng/ while the whitepaper has all the nitty gritty details: http://arxiv.org/abs/1510.02037 Fitting NG on top of the current Bitcoin blockchain is future work that we think is quite possible. NG is compatible with both Bitcoin as is, as well as Blockstream-like sidechains, and we currently are not planning to compete commercially with either technology -- we see NG as being complementary to both efforts. This is pure science, published and shared with the community to advance the state of blockchains and to help them reach throughputs and latencies required of cutting edge fintech applications. Perhaps it can be adopted, or perhaps it can provide the spark of inspiration for someone else to come up with even better solutions= . We would be delighted to hear your feedback. - Ittay Eyal and E. G=C3=BCn Sirer. --001a11c1705afef3590522145d48 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
Hi everyone,

We just released the white= paper describing Bitcoin-NG, a new technique for addressing some of the sca= lability challenges faced by Bitcoin. Surprisingly, Bitcoin-NG can simultan= eously increase throughput while reducing latency, and do so without impact= ing Bitcoin's open architecture or changing its trust model. This post = illustrates the core technique:
while the whitepaper has all th= e nitty gritty details:

Fitting NG on top of the current Bitcoin blockchain is future work= that we think is quite possible. NG is compatible with both Bitcoin as is,= as well as Blockstream-like sidechains, and we currently are not planning = to compete commercially with either technology -- we see NG as being comple= mentary to both efforts. This is pure science, published and shared with th= e community to advance the state of blockchains and to help them reach thro= ughputs and latencies required of cutting edge fintech applications. Perhap= s it can be adopted, or perhaps it can provide the spark of inspiration for= someone else to come up with even better solutions.

We would be delighted to hear your feedback.=C2=A0
- Ittay Eya= l and E. G=C3=BCn Sirer.

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