erik aronesty
1 min readJun 27, 2017

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You’ve made some massive, and deal-breaking assumptions. The biggest is that the topology will be random. This is an absurd topology which has never emerged in any social network of this kind.

  1. A hub/spoke network with about 5000 hubs is both a) more decentralized than bitcoin is today and b) only 3 hops per user on the network.
  2. There are other off-chain scaling proposals, like MimbleWimble that also add critical privacy layers. Bitcoin doesn’t just need to scale… it needs to *get better*. That means improving privacy as well.

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