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Category: PART 3: System and Architecture

Layer-1 and Layer-2 – Why the Current Layer-2 Solutions Won’t Work

Bitcoin Core (BTC) and Ethereum’s failure to scale has opened the doors for various layer-2 (L2) solutions. The supporters of these unscalable blockchains set their hopes on L2 solutions in no small measure. Because these……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

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Lightning Network on BTC is a Dead-End

Lightning Network (LN) is a separate payment network built on top of the BTC blockchain and is claimed to solve BTC’s low scalability and high transaction fee problems. BTC is an unscalable version forked from……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

The Structural Impact of The Cost of Transaction (CoT)

The merging of digitality & physicality is not a mere theory. The implementation and adoption require several key factors that work together to impact everything. Among them are unbounded scalability and extremely low cost of……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here