I have come to think it's a very relevant question and you can better weight people's opinions having an idea of how many Bitcoins they hold (or do not hold.) So Instead of asking their opinion on bitcoin, I'm now asking every participants the same question:"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
Thanks for your response. It is interesting to see that you believe that a currency that was founded on the principles set forth in the Satoshi Nakamoto whitepaper, should deviate from this vision. It was clearly Satoshi's intent that the bitcoin blockchain would process all the transactions.To put it bluntly from a technical standpoint piggybacking on the bitcoin blockchain is a horrible idea and so is increasing the size. Reason being is that the size of the current chain is already way to large and is creating problems with loading and scanning all of it. Opdata was not meant for this purpose. Even at the current rate the size of the chain and our ability to efficiently parse it is outpacing our technology.
Can you elaborate on how the chain size and current growth rate is outpacing technology? My Raspberry Pi can currently process the block chain with capacity to spare. Therefore, it can run on a $30 device. It could grow many orders of magnitude before my desktop PC cannot cope. Can you elaborate on what issues you are having with parsing the blockchain?
Why not leave the scanning of the blockchain to the free market? Those with inefficient processes would get weeded out, and efficient businesses would thrive. That is all part of operating in a free market.
How long did it take you to build your exchange?I'm Allen Byron Penner, most know me as ByronP. I am the creator of the Atomic-Trade exchange platform which is now Banx.io. I have been involved with bitcoin since inception and haven't stopped since.
I created Atomic-Trade after seeing the need for a safe and transparent place to trade. The project became my main focus after being scammed on the former MCXNOW. After a fairly successful first year I sold Atomic-Trade to Banx Capital where it became Banx.io. I have stayed on working as the admin and developer to ensure that the core values remain the same. To this day the site remains secure and is probably the only exchange where all of the wallets are hosted in a private datacenter and do not actually talk to the exchange site. I am always making changes and upgrades to Banx.io, on the table is an assortment of mobile and desktop trading apps for the platform.
On any given day I am working on a dozen projects. One of the latest being Remittio, a global remittance service. More information about Remittio will be released soon. The project has already spurred much interest and is the proud winner of an Angel Award at Web Summit. I am also the creator of capfeed.com.
I am now 36 years old and have been interested in electronics since I was a mere 6 years old creating robots by tearing apart stuff around the house. Yes, I got in a lot of trouble. I am fluent in over a dozen programming languages as well as hardware design. With the SOC chips we have available now my hardware skills are somewhat obsolete but I love that the door is now open for everyone to create hardware and software without tons of effort. I love the Intel Edison boards but being x86 is both a gift and a curse. Arduinos are one of my favorites because they allow easy entry for beginners and can provide a bit of power when needed for more advanced projects. For example I use an array of Arduino boards to monitor and control the Banx.io wallet servers and environment.
I have a son named Atom, named after the exchange. He is the best behaved kid I have ever seen and smart too. He has a great interest already in electronics however I try and limit his exposure so that he can be balanced. I can't stand watching kids who can't go 5 minutes without some form of electronic entertainment.
I have been into cars since I was a teenager and have my own personal full fledged shop under my house (I live on the water so my house is on piles). The favorites in my car collection is 3 Mitsubishi Eclipses; a 98 GS, a 98 GST Spyder and a 95 GSX. When I am not at my desk, I am working on one of the cars. They have all been completely rebuilt and customized from the ground up. Oddly enough the past month has not seen anything good in my garage since I have been doing some body work and upgrades to my kid carrier, an 07 Dodge Grand Caravan.
Well this is me any questions ask away.
You can also get me on:
SKYPE: firstname.lastname@example.org (i think) or email@example.com
It took about 2 months before I opened the first version to the public. Since then it has been an ongoing cycle of change. The system is modular so I may at any given time be working on a module and swap it in. No one really notices these changes since the site usually stays online during an upgrade. I try and do 2 major updates each month.How long did it take you to build your exchange?
Other way around lol Atom came after I started building Atomic, so some day that is going to be an odd conversation Heeheee
He has the best story for the playground, "I am, ATOMIC"
I started in the corporate world at 16 and in my early to mid 20's the large corporation I was working for got bought out and Black Box took over operations. I then had plenty of time to mess around so I tried a ton of different things just for the fun of it. It was a great and hilarious time in my life. I was a waiter at an upscale Greek restaurant, I can't even type that without laughing. I was so horrible. I just didn't care and spent the entire time just stuffing my face with free food and making a mess. I was a landscaper for the ensuing summer which was a ton of fun. They called me the "mowing munk" , I didn't wear shoes, shaved my head and spent almost every day doing this in the nice summer heat and breeze of the ocean with the owners wife (cute little blond from the UK). I also was a mechanic, tried working at a Jewish deli, being a cook (I can catch mac n chz on fire), construction (horrible), unemployment (boring), and on and on.Would you tell a little about your past as enterepeneur before BTC?
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