Developers Share Views On Bitcoin Capacity At Second Satoshi Roundtable; Closed Event Draws Criticism

By March 1, 2016Bitcoin Business

The second annual Satoshi Roundtable , a group of blockchain technology developers, investors and early adopters, discussed important issues such as block chain capacity and the scalability of bitcoin this past weekend, but according to posted comments, they did not reach any conclusions during the invitation-only event. The roundtable was limited to 75 members.

Bruce Fenton , executive director of the Bitcoin Foundation, posted a notice about the roundtable on Reddit . The roundtable’s Facebook page says it is a select group of leaders in the blockchain technology industry who gather for a private weekend retreat. While Fenton is the executive director of the Bitcoin Foundation, there is no mention of the roundtable on the Bitcoin Foundation website.

Attendees tweeted that the forum was helpful in exchanging ideas about critical issues such as bitcoin forking, the size of the blocks in the blockchain, and the problems these issues present to bitcoin’s growth.

Several noted that while the exchange was helpful, there was not a lot of agreement on changing the bitcoin protocols.

Anthony Di Iorio, chief digital officer of the Toronto Stock Exchange and co-founder of Ethereum, tweeted his take-away is that opposing camps are still far apart despite the fact that they agree the problems can be solved. Di Iorio wonders if the solutions will come too late.

Bitcoin investor Roger Ver tweeted that having multiple bitcoin distributions makes bitcoin more resistant to regulators. Live Streaming Video Covers Event

Chris DeRose, community director of the Counterparty Foundation and self-described bitcoin evangelist, conducted a live streaming video coverage in the public area of the event. During the livestreaming video, DeRose hosted Bruce Fenton. The two debated the privacy of the event, which DeRose criticized and Fenton defended.

Fenton said some people wanted to discuss capacity and consensus issues. DeRose said the forum was […]

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