/biz/ - Business & Finance

>>	Anonymous Sun Nov 19 22:11:45 2017 No.4456951 [View] File: 15 KB, 211x291, thatface.jpg [View same] [iqdb] [saucenao] [google] >>4456930 Too bad he didn't have a lawyer.

Anonymous Tue Nov 14 22:00:59 2017 No.4370113 [View]
File: 15 KB, 211x291, thatface.jpg [View same] [iqdb] [saucenao] [google]

>>4369889
>>4369878
>off chain scaling
I agree that this eventually has to happen; but what protocols govern off-chain scaling? How do you insure against fractional reserve banking, or to what extent do you allow it? For example, let's say an off-chain entity has 200 BTC registered on-chain, what stops them from loaning out ~100 BTC equivalent to 10 guys who are guaranteed to pay them back? Even if they always pay back, the off-chain entity creates ~800 BTC-worth of wealth that may or may not make it onto the chain.

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