Treechains presentation
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This document discusses different approaches to scaling blockchain technology, including off-chain solutions, alternative blockchains, and merge mining. It then introduces a new concept called "tree chains" which aims to scale blockchains by splitting and distributing them. Tree chains claim to scale by dividing the blockchain across multiple distributed ledgers while maintaining security through cooperation between individuals.
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Treechains presentation
- 1. TREE CHAINS Peter Todd PGP: 7FAB 1142 67E4 FA04
- 3. INNOVATION BEYOND PAYMENTS Scale Up Payment Volume
- 4. INNOVATION BEYOND PAYMENTS Scale Up Payment Volume Features
- 5. INNOVATION BEYOND PAYMENTS Scale Up Payment Volume Features Security Of The Whole System
- 7. LIMITED SOLUTIONS Off Chain / Micropayment Hubs
- 8. LIMITED SOLUTIONS Off Chain / Micropayment Hubs Scale Keeps transactions off the block chain Features Only payments Security Clever cryptography and economics
- 9. LIMITED SOLUTIONS Embedded Consensus Systems
- 10. LIMITED SOLUTIONS Embedded Consensus Systems Scale No better than bitcoin Features Blank slate Security As secure as bitcoin
- 11. TRYING TO SOLVE BOTH PROBLEMS
- 12. TRYING TO SOLVE BOTH PROBLEMS Alt Chains
- 13. TRYING TO SOLVE BOTH PROBLEMS Alt Chains Scale Splits up the volume across multiple chains Features Blank slate Security Fails due to small size
- 14. TRYING TO SOLVE BOTH PROBLEMS Merge Mining
- 15. TRYING TO SOLVE BOTH PROBLEMS Merge Mining Scale Seems to scale, but centralizes mining Features Blank slate Security False sense of security
- 18. REFOCUSING Tree Chains Scale Block chains are split and distributed Features Payments or embedded consensus Security Because individuals work together
- 19. UNDER THE HOOD How does it scale
- 20. UNDER THE HOOD How does it scale
- 21. UNDER THE HOOD How does it scale
- 22. UNDER THE HOOD How does it scale
- 23. UNDER THE HOOD How does it scale
- 24. UNDER THE HOOD How does it scale
- 25. UNDER THE HOOD How does it scale
- 26. UNDER THE HOOD How does it scale
- 27. UNDER THE HOOD How does it scale
- 28. UNDER THE HOOD How does it scale
- 29. UNDER THE HOOD Payments
- 30. Room To Grow Peter Todd PGP: 7FAB 1142 67E4 FA04