Satoshi ↔ Mike Hearn — BitcoinJ & Contracts
Mike Hearn announces the open-source release of BitcoinJ under the Apache 2 license, and asks about merkle branch verification, scripting language ideas, and why transaction replacement was disabled.
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Mike Hearn announces the open-source release of BitcoinJ under the Apache 2 license, and asks about merkle branch verification, scripting language ideas, and why transaction replacement was disabled.
Mike Hearn asks about the origin of the 21 million coin limit, the 10-minute block target, and the 500KB block size limit while working on a Java SPV implementation for Android.
Satoshi Nakamoto ↔ James A. Donald
Satoshi responds to James Donald's scalability concerns, explaining how the system can work with simplified payment verification and that nodes don't need to know all transactions.