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With blockchain, bigger is better | Latif Ladid, Ralph Wallace, Michael Choi | #LDNBlockchain23
"Experts discuss the potential of BSV blockchain for scaling and empowering creators, citing growing adoption and technical capabilities, while highlighting the need for a decentralized internet and IPv6 integration."
- Latif Ladid and Ralph Wallace emphasize that BSV blockchain is the best option for scaling, citing its growing adoption and technical capabilities.
- Latif explains that current internet structure is not suitable for blockchain, citing issues with IPv4 and the need for IPv6.
- Ralph highlights the importance of empowering creators and artists through blockchain, enabling them to have a greater share of the value generated by their work.
- Michael Choi emphasizes the significance of scalability for blockchain applications, citing examples like CryptoKitties and the need for a scalable platform.
- Latif and Ralph discuss the value of peer-to-peer transactions and the need for a decentralized Internet.
- The group notes that IPv6 is still being rolled out, with many devices and applications still using IPv4.
- Latif highlights the importance of scaling blockchain and IPv6 together, citing the need for a killer application to drive adoption.
- Ralph emphasizes the potential of blockchain to revolutionize industries, including music and art.
- Michael discusses the importance of determinism in networking, citing the need for a predictable and reliable architecture.
- The speakers cite various limitations of current blockchain platforms, including lack of scalability and complexity.