Ep. 63 - Bitcoin Scaling Debate 101 w/ Doug Pike Co-founder of Verium & Vericoin

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 27 December 2017

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

*** this is not financial or legal advice*** What is the big deal between 1 mb (BTC) blocks and 8 mb (BCH) blocks? Welcome to Doug Pike co-founder and lead developer of Verium (VRM) and Vericoin (VRC). Doug will walk us through the foundation of the Bitcoin scaling debate and lay out the problems and solutions. Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved https://www.youtube.com/watch?v=-zojM_iM_iU&feature=youtu.be Jimmy Cliff - The Harder They Come David Marc Grant https://www.youtube.com/watch?v=HgzGwKwLmgM&feature=youtu.be Queen - Don't Stop Me Now Samuel https://www.youtube.com/watch?v=wyz_2DEah4o&feature=youtu.be The A-Team Full Theme Tune Ashish van Oosterhout Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	Hi everyone. Just a reminder that this show is not legal advice, trading advice, financial advice, or personal advice. Enjoyo 101. This is Matthew Aaron. And one of the biggest debates that are happening right now is Bitcoin scaling.
0:39.1	Bitcoin Cash is a fork of Bitcoin.
0:41.2	Has eight megabyte blocks opposed to Bitcoin's one megabyte blocks.
0:45.8	Now what does that mean?
0:46.8	Well, we're going to find out today when we talk to Douglas Pike of Virium and Viracoyne.
0:51.8	He is the co-founder and lead developer.
0:53.8	And he's going to shed some light on this issue and tell us basically what the issues are with the scaling and some of the arguments.
1:01.0	He's also going to tell us a little bit about what he's doing with Viriam and Viracoyne to solve those problems before they happen.
1:08.0	This is part one of a two-part series the first part is about
1:11.9	Bitcoin scaling and the second part we're gonna talk about ideology and what
1:16.3	cryptocurrency and blockchain is for and how it should affect the people but
1:20.4	before we get into the conversation please check out crypto 101 podcast.com that is
1:25.0	crypto 101 podcast.com there you can find our profiles. You can send
1:29.5	us an email, say what's up. You can click on our social media tabs and follow us on social
1:34.0	media, Twitter, Facebook, Instagram. Join our Facebook group. It is probably the best crypto group
1:40.8	you're going to get into. No assholes, no fud, no spam, just people
1:44.7	sharing their opinions about cryptocurrency and blockchain. Also on our Crypto101podcast.com
1:49.5	page, you can find our Patreon tab. And please become a Patreon. That money helps us run the podcast.
1:56.7	That money helps us maintain the servers, maintaining our website, and we appreciate it.
2:02.6	So here is Douglas Pike from Viriam and Viram and Viracoyne talking about Bitcoin scaling solutions and problems. The Pike. What's up, man. How you doing?
2:31.0	Good. How you doing?
2:32.4	Good, good, good.
	...

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