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paoloardoino's profile
Paolo Ardoino
Paolo Ardoino
Paolo Ardoino
Verified account
@paoloardoino

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Paolo ArdoinoVerified account

@paoloardoino

CTO @bitfinex + CTO @tether_to [Views are my own]

London
github.com/prdn
Joined January 2010

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    Paolo Ardoino‏Verified account @paoloardoino May 16

    Paolo Ardoino Retweeted Paolo Ardoino

    . @elonmusk Imagine the Interstellar world as described by Asimov in the foundation series. Blockchains as payment layers would not just be used by humans but also for bot-to-bot payments. You would need to scale 100000000x not 100x.https://twitter.com/paoloardoino/status/1393822048015851521 …

    Paolo Ardoino added,

    Paolo ArdoinoVerified account @paoloardoino
    Replying to @elonmusk @loshan1212 @itsALLrisky
    Fees represent friction against spamming. With 100x tx volume and 100x lower fees people will just be careless of what they do in blockchain resulting in fees growing fast to acquire send priority. Even 50k tx/s are useless for becoming currency of earth. Only P2P L2 fixes this.
    12:30 AM - 16 May 2021
    • 8 Retweets
    • 120 Likes
    • jackm Erik Paluka cyre.casa ⚡🌋📡🛰️ #diazMelgarejo cyre.near AccentlessKiwi Gabor Gurbacs Reza⚡️ The Oracle xcryptocampus !! Andy Dufresne
    9 replies 8 retweets 120 likes
      1. Paolo Ardoino‏Verified account @paoloardoino May 16

        Speed of light is a limiting factor for any L1. That's why L2 are born. Remove noise and complexity from L1 to allow the scalability that current and future humanity/androids need. L2 have to be P2P to avoid bottlenecks and allow to create as many channels as needed to scale.

        8 replies 5 retweets 79 likes
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      2. ngold‏ @nowygold May 16
        Replying to @paoloardoino @elonmusk

        Only dag scaling solution

        1 reply 0 retweets 0 likes
      3. Daniel‏ @Daniel4141414 May 16
        Replying to @nowygold @paoloardoino @elonmusk

        Nope

        0 replies 0 retweets 1 like
      4. End of conversation
      1. lowstrife‏ @lowstrife May 16
        Replying to @paoloardoino @elonmusk

        Another spectacular series is the Commonwealth Saga. Even grander epic scale of future colonization and tech.

        0 replies 0 retweets 3 likes
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      1. orange coin OP_CTV BIP119‏ @colemaktypo May 16
        Replying to @paoloardoino @elonmusk

        Blockchains are paradoxical like highways, if you add more lanes you add more congestion because more people can use the same highway. Offchain client side validation is the way to go IMO, especially for self-sovereign retail payments (if that ever takes off).

        0 replies 0 retweets 1 like
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      2. newfuture‏ @newsunshinesp May 16
        Replying to @paoloardoino @elonmusk

        I will never buy a $DOGE just on principle, even if that goes up to $100, because it makes no sense for me to invest in a fun coin when there are so many good choices to choose from $BTC $ETH $SKL $ICP $BNB

        1 reply 1 retweet 3 likes
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