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Tag: confirmation time

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Satoshi Nakamoto

Latency and locality

Connected

With a global p2p network, it is necessary to have all nodes receive the transaction, do some calculations and send results back.Continue readingLatency and locality

Categories
Bitcoin

Real-world bitcoin snack machine

sell, technology and consumption concept - vending machine money amount indicator or display

Designing a fast-confirmation bitcoin vending machine.Continue readingReal-world bitcoin snack machine

Categories
Satoshi Nakamoto

Bitcoin snack machine (fast transaction problem)

You want to walk up to the machine. Send it a bitcoin. Walk away eating your nice sugary snack. (Profit!)Continue readingBitcoin snack machine (fast transaction problem)