Toms Blog

Where I talk about Bitcoin and Technology

Flowee just got easier to build

2018-02-14 bitcoin-cash flowee
Flowee is about helping creators to connect to Bitcoin (BCH). In today’s world we still are missing a lot of very useful components which allow us to integrate Bitcoin into every day life. Creators are the ones coming in and building those solutions. Today I finished a little project (took me almost a week) to upgrade the Flowee the Hub git repository so it can be build using cmake. An action taken after having seen too many people fail at the building step. Continue reading

How Flowee managed to make the wallet rescan speed 10x

2018-02-12 bitcoin cash flowee
In Bitcoin (BCH) a wallet doesn’t store a certain amount, instead it stores all the incoming payments you received before. Much like cash where your wallet stores the bills you received. A side-effect of this design is that if you want to check how much a backed-up paper wallet is worth, the wallet application is required to check for matching transactions in the block-chain. A typical needle in a haystack. The worst case scenario is when you have to rescan the entire history of Bitcoin Cash. Continue reading

Flowee the Hub

2018-01-24 bitcoin flowee
My motivation for working on Bitcoin is actually several decades old. In one of my first jobs we had some consultants visit us explaining all the ins and outs of a retirement plan. As most people young and naive do, I signed up for monthly payments. When less than a year later the company went under I tried to recover the funds paid and to my surprise there was only maybe 10% left of it. Continue reading

On the path to Freedom of innovation (2)

2017-12-05 bitcoin flowee
I wrote some days ago about the creation, investment, rentier triple of how people can earn money (here). The first two create value for those people. A gain seen not just by those that do the work. Should someone invent a better device, and then an investor comes along to mass produce it, we can all get access to something new for a good price. Everyone gets richer by having an open market and plenty of creators and investors. Continue reading

On the path to Freedom of innovation

2017-11-28 bitcoin flowee
Where do I want to go? I’ve been asking myself. To answer where, I would need to know why, I thought. Why am I interested in Bitcoin in the first place? It has to do with socio-economics. Let me explain. It is generally recognised that there are 3 ways to earn money. The first is to create wealth. This is the most obvious one and most corporations do this, they create things people want. Continue reading

A roadmap for scaling Bitcoin Cash

2017-11-02 bitcoin bitcoin cash
I have been measuring the performance and optimising it for over a 2 years now, when I first looked we had 368 million transactions a day. Today with better software and faster hardware we are closer to a 900 million a day. This means that today, the software on modern hardware has a peak-performance in ideal situations which is about equal to Visa peak levels 10 years ago. These numbers are not sustainable because of various reasons. Continue reading