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A comment on Bitcoin – Potential Network Disruption on July 31st. Parent comment

Re:Bitcoin – Potential Network Disruption on July 31st by knocte on Thursday July 13, 2017 @07:15AM (#14760335)
This is only layer1 (like IP in the networking world). Wait until layer2 comes (Lightning Network, TumbleBit), then we will reach the scalability levels we need for the entire planet to use the same blockchain.
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Re:Bitcoin – Potential Network Disruption on July 31st by qmarchi on Thursday July 13, 2017 @08:30AM (#14760697)
But, but, but...... IP is on Layer 3 ;.;

OSI Model: http://www.webopedia.com/quick_ref/OSI_Layers.asp

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Re:Bitcoin – Potential Network Disruption on July 31st by falcolas on Thursday July 13, 2017 @08:48AM (#14760793)
Err, each layer on top of IP slows down traffic, not speeds it up. The extra overhead and retransmits result in less useful data being transferred with each packet.

Perhaps not the best example to use.

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Re:Bitcoin – Potential Network Disruption on July 31st by deelowe on Thursday July 13, 2017 @10:13AM (#14761393)
Depends on what you mean by speed doesn't it? Segmentation via additional layers certainly speeds up the network as a whole. I thought the ability to scale via adding additional layers is why SDN took off.
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Re:Bitcoin – Potential Network Disruption on July 31st by antocv on Thursday July 13, 2017 @08:14AM (#14760618)
The keyword is wait.

Waiting. Since 2011.

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