sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<Taek>
> Although, I think striving for faster block times is a VERY important goal.
<Taek>
I don't, because you can't get security in reasonably short periods, even with low latency solutions like braids
<Taek>
fact is, the network of the Earth has a slow clock rate, and there's no way you can beat that in terms of knowing that something is going to be finalized on the chain
<Taek>
the blockchain really should be used as settlement, and as such it's not a concern to me if settling takes greater than 10 minutes, or even as long as like 12 hours
<Taek>
because, for most applications, you can apply payment channels and other voodoo (e.g. lightning) to get maximally secure transfers in milliseconds
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<fluffypony>
where's the quote from that you're responding to ?
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<Taek>
bsm, a couple days of scrollback I think. Missed a bunch of stuff while at Consensus
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<instagibbs>
agreed
<instagibbs>
getting secure settlement layer is primary concern
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