scalability

Peter Van Valkenburgh Deconstructs Claims Made by Nouriel Roubini about Bitcoin’s Scalability

Peter Van Valkenburgh Discusses Bitcoin with Senator Pat Toomey & Nouriel Roubini
October 12, 2018 @ 1:49 pm
Senator Pat Toomey (R-PA) asks Peter Van Valkenburgh about the scalability of Bitcoin and the underlying Blockchain technology and whether or not Bitcoin can exceed 5 transactions per second. Peter Van Valkenburgh speaks about batching, smart contracts, application layers being built on top of the Bitcoin protocol, specifically mentioning Lightning Network payment channels for microtransactions. […]