This article explores the unique approaches to Proof-of-Stake powering three of the major PoS protocols in the cryptocurrency space: Casper the Friendly Ghost, research led by Vlad Zamfir, Casper the Friendly Finality Gadget, research led by Vitalik Buterin, and Tendermint, led by Jae Kwon.
In this talk, Andreas outlines the future micropayment ecosystem, how the fee market works, and why the simple / obvious solution to scaling is not always the right one. He also reflects on what to learn from the mistakes of internet engineering, and how we will overcome these challenges in Bitcoin to serve the under-served with privacy, security, autonomy, and liberty.
Often trumpeted as the future of bitcoin, Lightning's particular twist on payments channels has served as one of the foundational ideas for scaling all public blockchains. By proposing to push transactions off of the bitcoin blockchain, but keeping strong cryptographic guarantees intact, it's believed by many developers to be the best way to increase the number of transactions the network can handle.
When governments announce the adoption of blockchain legislation, even self-professed blockchain skeptics take notice. But are blockchain-enabling statutes really necessary in many cases, and could their passage lead to some unintended results?