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Adam Back

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  1. a16z27 min

    a16z Podcast | Hard Forks, Hard Choices for Bitcoin

    Chris Dixon, Mike Hearn, Adam Back, Alex Morcos, Michael Copeland

    On September 12th and 13th, the Scaling Bitcoin conference in Montreal convenes to address critical network scaling challenges by evaluating six competing proposals, including BIP 100 and BIP 101, against the risks of network fragmentation from unilateral hard forks. Developers and miners debate strategic trade-offs between immediate block size increases and the security of decentralization, while emphasizing the potential of Layer 2 solutions like the Lightning Network to handle future transaction throughput. Although the gathering aims to foster informed consensus on technical governance, it operates without central authority and is not expected to produce binding decisions on the impending Bitcoin XT hard fork.