Peter Rizun's guest appearances

Peter Rizun

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

What Bitcoin Did with Peter McCormack

The CoinSpice Podcast 

Roger Ver

Tadge Dryja

Tim Swanson

Laura Shin

Jesse Powell

Brendan Eich

Paul Puey

Simon Dixon

Charlie Lee

Chris Burniske

Neha Narula

Jameson Lopp

Adam Back

Ari Paul

Dan Robinson

OwlTail

<a href="http://CoinSpice.io" rel="nofollow" target="_blank">CoinSpice.io</a>

CoinSpice Podcast 25 Peter Rizun

Interview location: SkypeInterview date: Wednesday 18th April, 2019Company: Bitcoin UnlimitedRole: Research DirectorThe scaling war pitched two ideologies for the future of Bitcoin against each other. One side believes that Bitcoin can scale on-chain with larger block sizes while the other side believes that the base layer should be kept small with payments scaled off-chain, using second layer technologies such as the Lightning Network.Peter Rizun is firmly in the large block camp, and while there are questions over his previous thoughts and work, he is technical, and he offers a harsh eye over the Lightning Network. Yes, Peter’s approach has a bias, he wants the Lightning Network to fail to support his vision of larger blocks, but does this make his claims invalid?In this interview, we discuss why Peter supports on-chain scaling and his Five Fundamental Flaws of The Lightning Network, including issues such as how small payments are not trustless and how high layer 1 fees impact layer 2.Are his criticisms FUD or fair?.-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Interview location: Skype Interview date: Wednesday 18th April, 2019 Company: Bitcoin Unlimited Role: Research DirectorThe scaling war pitched two ideologies for the future of Bitcoin against each other. One side believes that Bitcoin can scale on-chain with larger block sizes while the other side believes that the base layer should be kept small with payments scaled off-chain, using second layer technologies such as the Lightning Network.Peter Rizun is firmly in the large block camp, and while there are questions over his previous thoughts and work, he is technical, and he offers a harsh eye over the Lightning Network. Yes, Peter’s approach has a bias, he wants the Lightning Network to fail to support his vision of larger blocks, but does this make his claims invalid?In this interview, we discuss why Peter supports on-chain scaling and his Five Fundamental Flaws of The Lightning Network, including issues such as how small payments are not trustless and how high layer 1 fees impact layer 2.Are his criticisms FUD or fair?.-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a <a href="https://www.patreon.com/whatbitcoindid" rel="nofollow" target="_blank">Patron</a> and get access to shows early or help contributeMake a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: <a href="https://www.whatbitcoindid.com/bitcoin-tipjar" rel="nofollow" target="_blank">Bitcoin</a> | <a href="https://www.whatbitcoindid.com/ethereum-tipjar" rel="nofollow" target="_blank">Ethereum</a> | <a href="https://www.whatbitcoindid.com/litecoin-tipjar" rel="nofollow" target="_blank">Litecoin</a> | <a href="https://www.whatbitcoindid.com/monero-tipjar" rel="nofollow" target="_blank">Monero</a> | <a href="https://www.whatbitcoindid.com/zcash-tipjar" rel="nofollow" target="_blank">ZCash</a> | <a href="https://www.whatbitcoindid.com/ripplecoin-tipjar" rel="nofollow" target="_blank">Ripplecoin</a> If you do send a tip then please <a href="mailto:hello@whatbitcoindid.com">email me</a> so that I can say thank youSubscribe on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a> | <a href="https://open.spotify.com/show/0mWUJuONiilW5JSBBFZ0s7?si=5qcbjpjYSRyKpi8wycEZUw" rel="nofollow" target="_blank">Spotify</a> | <a href="https://www.stitcher.com/podcast/what-bitcoin-did" rel="nofollow" target="_blank">Stitcher</a> | <a href="https://soundcloud.com/what-bitcoin-did" rel="nofollow" target="_blank">SoundCloud</a> | <a href="https://www.youtube.com/whatbitcoindid" rel="nofollow" target="_blank">YouTube</a> | <a href="https://tunein.com/radio/What-Bitcoin-Did-p1079869/" rel="nofollow" target="_blank">TuneIn</a> | <a href="https://www.whatbitcoindid.com/podcast?format=RSS" rel="nofollow" target="_blank">RSS Feed</a>Leave a review on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a>Share the show and episodes with your friends and familySubscribe to the newsletter on my <a href="https://www.whatbitcoindid.com/subscribe/" rel="nofollow" target="_blank">website</a>Follow me on <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Personal</a> | <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Podcast</a> | <a href="http://instagram.com/whatbitcoindid" rel="nofollow" target="_blank">Instagram</a> | <a href="https://medium.com/@whatbitcoindid/" rel="nofollow" target="_blank">Medium</a> | <a href="https://www.youtube.com/whatbitcoindid" rel="nofollow" target="_blank">YouTube</a>If you are interested in sponsoring the show, you can <a href="https://www.whatbitcoindid.com/sponsorship/" rel="nofollow" target="_blank">read more about that here</a> or please feel free to <a href="mailto:hello@whatbitcoindid.com">drop me an email</a> to discuss options.

Peter Rizun's Lightning Critique: FUD or Fair?

With both the Bitcoin Unlimited and Segregated Witness efforts far from reaching majority support and exploding transaction fees, the debate around how to scale Bitcoin continues on. One of the key arguments against bigger blocks and Bitcoin Unlimited is that a blocksize restriction is needed to create a healthy fee market. Dr Peter Rizun has been researching the economics of transaction fees in Bitcoin extensively and joined us to discuss what dynamics affect fees and why he thinks the blocksize limit will eventually fall. Topics covered in this episode:  Bitcoin seen through the eyes of a physicist The dynamics that determine transaction fees in Bitcoin How orphaning risks drive the fee market economics The relationship between the block reward and the fee market Why the blocksize limit will eventually fall Why Peter supports Bitcoin Unlimited The state of discussion between Bitcoin Core and Bitcoin Unlimited  Episode links:  Dr. Peter Rizun's talk at Scaling Bitcoin Montreal 2015 Dr. Peter Rizun: "A Transaction Fee Market Exists Without a Block Size Limit" XT Nodes - Bitcoin Hashrate Distribution Bitco.in Forum Ledger - Peer-Reviewed Journal on Cryptocurrency and Blockchain  This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/172

With both the Bitcoin Unlimited and Segregated Witness efforts far from reaching majority support and exploding transaction fees, the debate around how to scale Bitcoin continues on. One of the key arguments against bigger blocks and Bitcoin Unlimited is that a blocksize restriction is needed to create a healthy fee market. Dr Peter Rizun has been researching the economics of transaction fees in Bitcoin extensively and joined us to discuss what dynamics affect fees and why he thinks the blocksize limit will eventually fall. Topics covered in this episode: <ul> <li>Bitcoin seen through the eyes of a physicist</li> <li>The dynamics that determine transaction fees in Bitcoin</li> <li>How orphaning risks drive the fee market economics</li> <li>The relationship between the block reward and the fee market</li> <li>Why the blocksize limit will eventually fall</li> <li>Why Peter supports Bitcoin Unlimited</li> <li>The state of discussion between Bitcoin Core and Bitcoin Unlimited</li> </ul> Episode links: <ul> <li><a href="https://www.youtube.com/watch?v=ad0Pjj_ms2k" rel="nofollow" target="_blank">Dr. Peter Rizun's talk at Scaling Bitcoin Montreal 2015</a></li> <li><a href="https://www.bitcoinunlimited.info/resources/feemarket.pdf" rel="nofollow" target="_blank">Dr. Peter Rizun: "A Transaction Fee Market Exists Without a Block Size Limit"</a></li> <li><a href="http://xtnodes.com/" rel="nofollow" target="_blank">XT Nodes - Bitcoin Hashrate Distribution</a></li> <li><a href="https://bitco.in/forum/" rel="nofollow" target="_blank">Bitco.in Forum</a></li> <li><a href="http://ledgerjournal.org/ojs/index.php/ledger" rel="nofollow" target="_blank">Ledger - Peer-Reviewed Journal on Cryptocurrency and Blockchain</a></li> </ul> This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: <a href="https://epicenter.tv/172/" rel="nofollow" target="_blank">epicenter.tv/172</a>

Peter Rizun: A Bitcoin Fee Market Without A Blocksize Limit