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Pettycoin: Towards 1.0
--client
lca
--show
lca_2015
--room OGGB3 9428 --force
Next: 12 Advanced Linux Server-Side Threats: How they work and what you can do about them
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Marks
Author(s):
Rusty Russell
Location
OGGB3
Date
jan Fri 16
Days Raw Files
Start
11:35
First Raw Start
11:29
Duration
0:45:00
Offset
0:05:41
End
12:20
Last Raw End
12:24
Chapters
00:00
Total cuts_time
44 min.
http://lca2015.linux.org.au/schedule/30308/view_talk
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Pettycoin is an adjunct network for tiny bitcoin transactions. It was first unveiled in slightly vaporous form at LCA2014, but since then I've taken a 6 month sabbatical and spent much more time on it. The bitcoin network is powered by "miners" who compete to work on proofs. This infrastructure is expensive, and places a lower limit on how cheap transactions on the bitcoin network can become. For genuinely tiny microtransactions, various schemes have been proposed to operate off-network temporarily; pettycoin aims to do this in a general and open way, using the same work the bitcoin miners are already doing. The talk has two parts: the first part is about the technology itself, and the second part is about founding and managing a "for fun" FOSS project in a space which is crowded with many good ideas and even more VC money chasing them.
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2015-01-16/11_29_19.dv
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11:29:19 - 11:39:24 ( 00:10:05 )
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11:29:19 -
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11:29:19
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11:39:24
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2015-01-16/11_39_24.dv
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11:39:24 - 12:24:09 ( 00:44:45 )
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11:39:24
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