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The Peter McCormack Show

Why Small Blocks are Important for Bitcoin with Samson Mow - WBD017

The Peter McCormack Show

Peter McCormack

Politics, Society, Markets, News, Society & Culture, Technology, Inflation, Finance, Economics, Government, Power, Bitcoin, Money

4.72.8K Ratings

🗓️ 18 May 2018

⏱️ 83 minutes

🧾️ Download transcript

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Transcript

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0:00.0

Welcome to the What Bit Bitcoin Did Podcast.

0:05.0

Hi there, welcome to the What Bit coin did podcast.

0:09.0

I've just got back from New York today.

0:10.7

I was over for consensus. I didn't go to the conference itself

0:14.2

because I was doing interviews every day but I did get to meet up with a bunch of

0:18.3

people I've spoke to on Twitter before which was pretty cool. Pretty jet lag though so I'm going to keep

0:24.5

this intro as short as possible. Firstly I do want to say a big thank you for all

0:29.4

the feedback I received for my interview last week with Roger Veer.

0:32.6

I know it was a little bit controversial for some people, but it was really good to get feedback

0:37.1

from people, the dms I received, the comments on YouTube, you know, overwhelmingly I think

0:41.8

it was positive, you know, with naturally some negative ones.

0:45.2

To balance it this week I've got an interview with Chief Strategy Officer from Block Stream,

0:50.0

Sampson Mao, most of you would have heard of him.

0:52.3

He sat opposite Roger at the

0:53.9

economy conference where they debated scaling, so I thought this would be a good

0:58.1

counterbalance for the interview with Roger. Did a bunch of research, I've been looking at Lightning Network. You know, it takes a bit of time for me to get my head around these things and I probably don't fully understand it. I also interviewed Jameson when I was in New York to discuss it further but there are things I'm starting to

1:13.7

get my head around. I have kind of on a personal level come to the conclusion that we do need

1:20.1

off-chain scaling options on-chain alone won't work that was something Roger actually

1:25.0

agreed with in the interview that I did with him so I have been taking a look at

1:30.1

lightning network and it does seem exciting but I do have a few things I'm not

1:36.4

sure about and I cover these with Samson. Firstly and my main issue is that if

1:42.0

lightning is successful and you know loads of people use it

...

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