The total size of the Internet, give or take a few MB. This includes IPv4 and IPv6.

sh ip bgp ipv4 uni sum | i total bytes
BGP using 205560814 total bytes of memory

sh ip bgp ipv6 uni sum | i total bytes
BGP using 69169288 total bytes of memory

Big blocks are nonsensical. Scaling on-chain is nonsensical. Blockchain (as a communication medium) is nonsensical.
IPv4 prefixes and paths:
712223 network entries using 84042314 bytes of memory
1235329 path entries using 64237108 bytes of memory

IPv6 prefixes and paths:
54780 network entries using 7723980 bytes of memory
54796 path entries using 4164496 bytes of memory
The base layer MUST remain lean, simple and minimal.

Non-#Bitcoin blockchain devs are morons who lack fundamental understanding of how global networks work and should be be structured.

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More from @melikmanukyan

Sep 6, 2018
1)I am seeing an increasing number of people under the impression that #lightning as an overlay bridge network for #blockchains (via atomic swaps) is a great thing for alts.

And they can not be more wrong.

In reality, Lightning is where #altcoins will come in droves only to die
2) At the moment, all blockchains are entirely segregated from one another. The only real bridge that exists today are exchanges which are largely inefficient with enormous amounts of friction, ie. registration, KYC/AML, confirmation wait times for deposits/withdrawals, etc.
3) Friction & segregation of networks protects smaller networks from larger ones consuming & engulfing them. Network theory teaches us that we continually gravitate towards the singularity, after all this is the entire premise of a network. This is evident all throughout history.
Read 11 tweets
Aug 26, 2018
1) The narrative, promise, and objective of #blockchain has been skewed and altered into some Frankenstein clusterfuck. I see so many clueless people talking about competition, applications, tx throughput, speed, governance. When did this space derail and spiral out of control?
2) The purpose of a blockchain is to recreate objective truth or reality and the *only* way we can achieve this is when its security exceeds any one person's ability to alter its records or censor future ones. Therefore, the *only* application of a blockchain is security.
3) Blockchains are *NOT* application platforms nor are they communication mediums. They are not built for this functionality as they are highly inefficient. They are first and foremost consensus apparatuses to trustlessly discover truth and create objective reality.
Read 7 tweets
Mar 6, 2018
Over time, I’m open to it. But right now, it’s a farfetched grandiose idea.

Bitcoin is largely the only real and/or practical application right now. Everything else is snakeoil to me. And I’ll explain.
The thing about asset ownership such as real estate for example is that it exists exclusively in the physical world and adheres to the physical world’s laws and security principles.

Let’s say you have a tokenized deed on some decentralized ledger, then what?
Who is going to honor this deed? Surely someone needs to provide the *physical security* framework to honor and reflect the tokenized deed, ie. the state.

If you are dependent on a centralized body for security, then it’s a pointless venture to “decentralize” record keeping.
Read 7 tweets

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