About blockchain-link.com/\#future

lizhi

Link is a protocol for embedding data in blockchains. http://blockchain-link.com

I hope it will be added to our wallet,It can be used for advertising service providers.

Flobdeth

Wouldn’t tagging the Blockchain from an HTTP layer be far more efficient than having piles rubbish included in the transfer of blockchain data?

gbdesai

I concur, the last thing you want is a massive Blockchain that becomes unmanageable. Far more interesting to me is determining a way to trim the blockchain over time to keep it lean. The concept of embedding an HTTP layer is a good idea for ads, for payloads requiring more authenticity (like a contract) you could also use some form of encryption in addition to HTTP.

EDIT: I just read their blockchain bloat reasoning and it sound dubious to me. They claim because you are destroying coins when adding info to the blockchain it prevent bloat because that is the last transaction that will be pushed onto the blockchain for those particular coins. This is opposed to what happens when the same coin keep moving along the blockchain when sent from one individual to another over time. They also claim the destruction of coins adds to the deflationary nature of the currency in question…

tmuir12

I must agree block chains that are huge put me off and are a barrier to new people setting up a wallet for the first time.