linux.conf.au 2014

Perth, Western Australia - 6th to 10th January 2014

linux.conf.au


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Pettycoin: Losing Tiny Amounts of Bitcoin At Scale!

Bitcoin uses a shared ledger: currently 13GB, and fewer nodes will be
able to keep up as popularity grows. This talk presents a pre-alpha
implementation of an adjunct network where gateways ferry between the
current bitcoin network and a new "pettycoin" network, which trades
bitcoin's robustness for scalability. When complete, the result should
be a network suitable for genuine microtransactions at the rate of
thousands per second.

Rusty Russell

Rusty Russell is a Free Software hacker who created ipchains, iptables and the ACT state election software (EVACS). He wrote and currently maintains the linux kernel module code, the CCAN code repository, and the ntdb database for Samba. He maintains the linux kernel virtio code and wrote the original virtio spec, and chairs the OASIS VirtIO Technical Committee.