CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]

November 25, 2019 00:37:14
CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]
Bitcoin Audible
CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]

Nov 25 2019 | 00:37:14

/

Hosted By

Guy Swann

Show Notes

To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely.  The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter's excellent pieces to learn all about how "Transaction Count is an Inferior Measure."

Check out the original post (great charts illustrating his argument) on Nic's Medium page, plus the tons of other great written content he publishes regularly:
https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1

Another great tool to show the relative "speed" of competing networks:
https://howmanyconfs.com/

Other great work in audio from Nic Carter:
• A Most Peaceful Revolution
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• A Most Peaceful Revolution (Guy's Follow Up)
https://anchor.fm/thecryptoconomy/episodes/GuysTake_23---Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Unpacking Bitcoin's Assurances
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281---Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r
• How to Scale Bitcoin Without Changing a Thing [parts 1 & 2]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_238---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1---Nic-Carter-e3qgfg
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_239---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2---Nic-Carter-e3qsvi
• Bitcoin's Existential Crisis
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_181---Bitcoins-Existential-Crisis-Nic-Carter-e2ndok

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 09, 2018 00:18:30
Episode Cover

CryptoQuikRead_045 - Why Schnorr Signatures will Solve 2 of Bitcoin's Biggest Problems

Schnorr signatures could be a boon to the efficiency of the Bitcoin system and a hinderance to its spammers.  Listen to the article from...

Listen

Episode

June 17, 2020 00:41:44
Episode Cover

Read_404 - ION Beta Launches on Bitcoin Mainnet [Peter Chawaga]

"ION will decentralize the way that messages and application data is encrypted and exchanged." - ION Announcement With the help of Casa and a...

Listen

Episode

March 01, 2018 00:05:51
Episode Cover

CryptoQuikRead_003 - Bitfury Group Unveils Crystal [JP Buntinx]

Did Bitcoin ever give us privacy, or will we get the opposite? Our article today is from TheMerkle.com and is titled: BitFury Group Officially...

Listen