Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMa<div class="post">Making it easier for merchants to accept bitcoins, and users to pay using them, aught to be priority number 1.<br/><br/>There's a great talk by the CTO of Facebook available on Youtube, and I think he gave the right advice on scaling:<br/>Don't worry much about it until just before it becomes a problem.&nbsp; Don't overengineer, because you're likely to waste time doing something that turns out to be irrelevant.<br/><br/>I think Satoshi has done an amazingly fantastic job; over the last two days of Bitcoin being "slashdotted" I haven't heard of ANY problems with Bitcoin transactions getting lost, or of the network crashing due to the load, or any problem at all with the core functionality.<br/><br/>Yes, it's annoying to have to wait for the block chain to download (especially with the Microsoft Security Essentials weirdness), and yes it would be nice if all the pieces of Bitcoin functionality were already nicely separated and ready to be rearranged and extended in all the ways we all want to rearrange and extend it.&nbsp; But I've been poking at the Bitcoin code for over a month now, and the more I learn the more impressed I become at the thought that's gone into it.<br/><br/>This quote seems appropriate:<br/>"We reject: kings, presidents and voting.<br/>We believe in: rough consensus and running code."&nbsp; -- David D. Clark<br/></div> text/html