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Date: Sat, 8 Aug 2015 00:46:10 +0200
Message-ID: <CAAt2M19Hp-rXbqTvQN8A24Ojmc=8O0agbaAD5hLOj1zt-Rf+-A@mail.gmail.com>
From: Natanael <natanael.l@gmail.com>
To: Sergio Demian Lerner <sergio.d.lerner@gmail.com>
Content-Type: multipart/alternative; boundary=001a1132f682f7a8e5051cc066e1
Cc: bitcoin-dev@lists.linuxfoundation.org
Subject: Re: [bitcoin-dev] If you had a single chance to double the
 transactions/second Bitcoin allows...
Precedence: list

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Den 7 aug 2015 23:37 skrev "Sergio Demian Lerner via bitcoin-dev" <
bitcoin-dev@lists.linuxfoundation.org>:
>
> Mark,
> It took you 3 minutes to respond to my e-mail. And I responded to you 4
minutes later. If you had responded to me in 10 minutes, I would be of out
the office and we wouldn't have this dialogue. So 5 minutes is a lot of
time.
>
> Obviously this is not a technical response to the technical issues you
argue. But "minutes" is a time scale we humans use to measure time very
often.

But what's more likely to matter is seconds. What you need then is some
variant of multisignature notaries (Greenaddress.it, lightning network),
where the combination of economic incentives and legal liability gives you
the assurance of doublespend protection from the time of publication of the
transaction to the first block confirmation.

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<p dir=3D"ltr">Den 7 aug 2015 23:37 skrev &quot;Sergio Demian Lerner via bi=
tcoin-dev&quot; &lt;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org=
">bitcoin-dev@lists.linuxfoundation.org</a>&gt;:<br>
&gt;<br>
&gt; Mark,<br>
&gt; It took you 3 minutes to respond to my e-mail. And I responded to you =
4 minutes later. If you had responded to me in 10 minutes, I would be of ou=
t the office and we wouldn&#39;t have this dialogue. So 5 minutes is a lot =
of time.<br>
&gt;<br>
&gt; Obviously this is not a technical response to the technical issues you=
 argue. But &quot;minutes&quot; is a time scale we humans use to measure ti=
me very often.</p>
<p dir=3D"ltr">But what&#39;s more likely to matter is seconds. What you ne=
ed then is some variant of multisignature notaries (Greenaddress.it, lightn=
ing network), where the combination of economic incentives and legal liabil=
ity gives you the assurance of doublespend protection from the time of publ=
ication of the transaction to the first block confirmation. </p>

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