Daily Bits: ethereum capacity, private blockchains and the 80s – July 8th, 2017

I totally missed Fred Ersham’s post on Medium last week, on ethereum scaling – a major oversight, it’s epic.

He points out that ethereum right now needs to improve capacity by something like 25,000x to be able to handle the transactions of, say, Facebook. So, if we expect the new decentralized models emerging from the ethereum ecosystem to be able to replace centralized services, we’d better start focusing on ethereum scaling.

Fred helpfully summarizes the initiatives under way, which gives a perspective on how important the problem is. Expect more media attention to be placed on this issue as ICO frenzy continues and bottlenecks start to build.

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Richard Gendal Brown of R3 posted a (relatively) simple and concise overview of private blockchains, with a solid plug for Corda, drawing comparisons to Fabric and Quorum. He asks some good questions about distributed ledgers, and gives some clear answers – but I have the feeling this is only part of the picture.

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The Indian push towards cashless seems to be picking up steam, including (possibly) free internet for all. It seems like the Aadhaar program was just scratching the surface of the digital ambition. This is worth researching further…

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Have you been watching Netflix’s Glow? If so, or if you remember the 80s with a combination of nostalgia and revulsion (those shoulder pads!), then you’ll like this mini documentary from Vox on the main design influencers of the decade.

Bring on the patterned neon.

Screen grab from Vox
Screen grab from Vox

 

 

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