Bitcoin Scalability Workshops In recent months the Bitcoin development community has faced difficult discussions of how to safely improve the scalability and decentralized nature of the Bitcoin network. To aid the technical consensus building process we are organizing a pair of workshops to collect technical criteria, present proposals and evaluate technical materials and data with academic discipline and analysis that fully considers the complex tradeoffs between decentralization, utility, security and operational realities. This may be considered as similar in intent and process to the NIST-SHA3 design process where performance and security were in a tradeoff for a security critical application. Since Bitcoin is a P2P currency with many stakeholders, it is important to collect requirements as broadly as possible, and through the process enhance everyone’s understanding of the technical properties of Bitcoin to help foster an inclusive, transparent, and informed process. Those with technical interest are invited to participate in this pair of workshops with the following intent: Phase 1: Scene setting, evaluation criteria, and tradeoff analysis. Montreal, Canada: September 12th-13th, 2015 Scalability is not a single parameter; there are many opportunities to make the Bitcoin protocol more efficient and better able to service the needs of its growing userbase. Each approach to further scaling the Bitcoin blockchain involves implicit trade offs of desired properties of the whole system. As a community we need to raise awareness of the complex and subtle issues involved, facilitate deeper research and testing of existing proposals, and motivate future work in this area. The purpose of this workshop is to discuss the general tradeoffs and requirements of any proposal to scale Bitcoin beyond its present limits. Session topics are to include the presentation of experimental data relating to known bottlenecks of Bitcoin’s continued growth and analysis of implicit tradeoffs involved in general strategies for enabling future growth. This event will not host sessions on the topic of any specific proposals involving changes to the Bitcoin protocol. Such proposals would be the topic of a 2nd, follow-on Phase 2 workshop described below; this event is intended to “set the stage” for work on and evaluation of specific proposals in the time between the workshops. Phase 2 will be planned out further as part of Phase 1 with input from the participants. Phase 2: Presentation and review of technical proposals, with simulation, benchmark results. Hong Kong, SAR, China: TBD Nov/Dec 2015 Hopefully to be easier for the Chinese miners to attend, the second workshop pertaining to actual block size proposals is to be planned for Hong Kong roughly in the late November to December timeframe. The purpose of this workshop is to present and review actual proposals for scaling Bitcoin against the requirements gathered in Phase 1. Multiple competing proposals will be presented, with experimental data, and compared against each other. The goal is to raise awareness of scalability issues and build a pathway toward consensus for increasing Bitcoin’s transaction processing capacity or, barring that, identify key areas of further required research and next steps for moving forward. Preliminarily, Phase 2 will be a time to share results from experiments performed as a result of Phase 1 and an opportunity to discuss new developments. How do the Workshops work? - Both events will be live-streamed with remote participation facilitated via IRC for parallel online discussion and passing questions to the event. - These workshops aim to facilitate the existing Bitcoin Improvement Proposals (BIP)[1] process. Most work will be done outside of the workshops in the intervening months. The workshops serve to be additive to the design and review process by raising awareness of diverse points of view, studies, simulations, and proposals. - Travel, venue details, and accommodation recommendation are available at scalingbitcoin.org. Registration begins August 12th at an early-bird ticket price of $150 USD until September 3rd. The ticket prices do not come close to covering the venue expense and travel subsidies, hence the need for corporate sponsors. - Please see the FAQ at scalingbitcoin.org which should answer most other questions. Travel Subsidies for Independent/Academic Researchers There will be an application process for independent or academic researchers to apply for travel assistance to help cover the expense of airfare and hotel fees up to $1,000 per qualified presenter who intends to give a presentation. The four underwriters of this event have agreed to jointly review applications and cover the travel subsidies for qualified presenters. See scalingbitcoin.org for details. Sponsors of the Montreal Workshop The first workshop is hosted and with logistics handled by the Montreal consultancy CryptoMechanics . The Underwriters jointly responsible for venue expenses and researcher travel subsidies are currently the MIT Digital Currency Initiative, Chaincode Labs, Blockstream, and Chain.com. Current sponsors include: Cryptsy, BitcoinTalk, Final Hash, Blockstream, MIT DCI, Chaincode Labs, IDEO Futures, Kraken, and Chain.com. Additional sponsors are needed. Please see scalingbitcoin.org for sponsorship details or contact me directly via < pindar dot wong at gmail.com > Online Workshop Resources - Bitcoin-Workshops-Announce list https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-workshops-announce - Bitcoin-Workshops discussion list https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-workshops - #bitcoin-workshops chat on the Freenode IRC network http://webchat.freenode.net/?channels=bitcoin-workshops Call for Proposals/Papers/Presentations If you have any research relevant to issues surrounding Bitcoin scalability, your proposal for a presentation at the Montreal workshop would be most welcome. Please see scalingbitcoin.org for submission details. Pindar Wong Chair, Montreal Workshop Planning Committee Chairman, VeriFi (Hong Kong) Ltd. [1] https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals