On 2020-11-19 08:36, Steven Schear wrote: > I contributed to a 2013 paper that attempted to address some of BTC's then > known shortcomings, including the blockchain length but the our suggestions > got no attention by the core developers.
Could you give us a link to that paper. Now we face different, and perhaps more serious problems, that have ensued as a result of scaling problems, miner concentration, and blockchain analysis. To scale, a cryptocurrency needs a lightning layer, but something smells mighty funny about bitcoin's current lightning layer, and I cannot find in the documents lucid information as to how it deals with byzantine failure, such as playing out of date gateway transactions, or failure of a set gateway transactions to add up to a full circle transaction on the lightning layer. Looks to me that security on the supposed lightning layer comes not from acid protocols, but from some semi hidden central administration.