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by shilch 2361 days ago
I'm not all too familiar with the history of IP and TCP but my point still stands. Protocols aren't build because the underlying protocol doesn't scale in term of throughput, it's for the opposite reason that they scale very well. I could also have used HTTP and TCP.
1 comments

Bitcoin has very strong properties for _security_ which is the inherent property that makes it possible to build other automated trustless systems on top of it.

The comparison with TCP and IP is limit in that TCP data all goes inside IP packets. With second layer transaction systems the relationship is different: the security and stability comes from the underlying blockchain. The higher part adds capacity.

Bitcoin forms a trustworthy robotic court system upon which the wheels of automated commerce can ride.