chain bandwidth, which somehow turned into a supposed “…nd limited blockchain bandwidth, which somehow turned into a supposed “feature”. Worth emphasizing, in the blockchain space, custody is actually far more dangerous than elsewhere, as there is no trusted party to mandate a reversal of illegitimate trades: assets stolen are unlikely to be retrieved. By maintaining custody, CX form a massive honeypot, ri…
…on — a group of members (e.g. 8-of-12 multisig) of which a majority has to agree in order to cheat. This security model is comparable to federated sidechains such as Liquid, with the added benefit that users can withdraw without permission.
…ansfer of value without burdening the Bitcoin blockchain. This can help with scaling and save fees. Unlike Lightning it is not trustless, but it maintains a high degree of censorship resistance (more so than federated sidechains) due to the fact that withdrawing on-chain is permissionless.
Interledger — ILP packets are routed in a manner similar to the Internet whereby the next hop is determined by the current recipient of the packet. Assuming a hierarchical network structure akin to that of the Internet, the sender will only need to know their local ‘router’ to route packets and to propagate across the rest of the network.
… what details can allow them to avoid the severe political disruptions that they often cause today. PM have a habit of contradicting powerful people, and being proven right, which embarrasses those people. Who then get PM killed.’
…sued supply is 17.6m, but significant portions of supply are lost or inert), so that lea…sued supply is 17.6m, but significant portions of supply are lost or inert), so that leaves us with 20 percent of the effective bitcoin supply in the hands of third parties!