Topic: What is Amir Taaki's stance on the 20MB fork ? (Read 2725 times)

"transactions cost 30$ each" wtf?

You don’t really see Bitcoin as a payments-innovation, do you?

No, it’s not very good for that. The Bitcoin-network is currently subsidized through inflation, meaning transactions cost about thirty dollars each. This vision of Bitcoin as a faster, cheaper and better payments-network is simply not tied to any technological grounding of what Bitcoin is really about. If we want to make Bitcoin a competitor to Visa or MasterCard, we would need to increase the blocksize and centralize mining so much that it is basically the same as existing payments networks. And even then, at some point, we’ll reach a limit where Bitcoin is just not cost-efficient. We don’t need to have all these miners crunching numbers just so people can buy a coffee. That’s insane.

If we do not increase the blocksize, however, Bitcoin would merely be able to handle seven transactions per second, meaning its scalability is rather limited…

Scalability, be very careful with that word. If we increase the blocksize limit, the bloated blockchain would make it harder for people to run full nodes. You’d need bigger hardware to store all of the required data, so in that sense it wouldn’t scale nicely at all.

But if we keep the blocksize limited people can always use Bitcoin for payments, they’d just have to pay a bigger fee. This doesn’t need to be a problem, in particular for the functionality of Bitcoin as an instrument to settle debts. The way banks work today is not that every transaction done between two parties is sent directly from one bank account to the other. Instead, they add up all transactions between the different banks, and settle the debts at the end of the day.

In a similar way, Bitcoin could grow to become the backbone of a whole new financial paradigm, as opposed to a payments network that merely papers over the cracks of the existing monetary infrastructure.

Glad to see he is still alive and well. It was starting to look like Satoshi 2, forever disappeared

Nothing against Amir Taaki, but my impression is that he was in front of DarkWallet. I mean, he was the main person promoting it, while other people were doing the coding. Of course, I could imagine the people doing the coding liked it that way.

I think they'll start working on it again eventually. They are drifting about. Sleeping on couches. Doing multiple projects.

Amir Taaki is a know Bitcoin developer. He was behind DarkWallet.

Wiki: https://en.wikipedia.org/wiki/Amir_Taaki#Bitcoin
Bitcointalk profile: https://bitcointalksearch.org/user/genjix-1931

Who is Amir Taaki and why should we care about his stance on the fork?

Maybe this?

http://www.bbc.co.uk/news/technology-29283124

What if the software you developed ended up being used by extremists?

Amir Taaki is one of the key programmers behind a tool which could potentially hide the identity of people using the crypto-currency Bitcoin.

Along with Cody Wilson, the man who caused headlines for creating a 3D-printed gun, he has made the Dark Wallet.

The aim of the Dark Wallet is to make transactions done with the crypto-currency Bitcoin almost impossible to trace.

The US government and European Banking authorities are looking at regulating the use of the crypto-currency, and are particularly concerned about how the Dark Wallet could be used as a money laundering tool.

Sitting on the floor on one of the cushions is Peter Todd, one of the main developers of Bitcoin.

On the walls is scribbled an address to an old Silk Road site, which has now been shut down.

When questioned Taaki indicates he is comfortable with the possibility of his software being used by extremists in conflicts in Iraq and Syria.

Can you please point to the source ?

With the recent BBC FUD I wonder if he ever returns.

Amir Taaki hasn't been heard from in months.

They are drifting about. Sleeping on couches.

We have heard of the opinion of many bitcoin celebrities. Would like to know what the man behind DarkWallet thinks about it. Especially because I heard DarkWallet is going to be a client written from scratch...