With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network.  An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at.  With effects on network efficiency and privacy, let's talk Erlay, Dandelion, & BitcoinOps! Don't forget to check out and follow the completely free BitcoinOptech Newsletter to stay up on all the new developments in Bitcoin and lightning: https://bitcoinops.org/en/newsletters/2019/06/05/ A link to the official Erlay research paper with tons more data and analysis for a deep dive into this P2P improvement: https://arxiv.org/pdf/1905.10518.pdf --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing our expedition through the lessons of the Bitcoin Rabbit Hole, we explore the realities of economics & the truth of money that is revealed by Bitcoin’s nature. Don’t miss the next 7 lessons on the economics that bitcoin teaches in our tumble down the rabbit hole. Explore the many other links, graphics, and charts throughout this amazing section, plus the tons of other works available over at dergigi.com https://dergigi.com/bitcoin/lessons/ch2-00-economics/ Follow dergigi on twitter below: https://twitter.com/dergigi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message