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Author Topic: Interviewing Bitcoin Foundation Ex. Director Jon Matonis - Any Questions?  (Read 1856 times)
Melbustus
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July 12, 2013, 08:10:41 PM
 #21

I'd like to hear Matonis say that the Foundation is committed to fighting to uphold bitcoin's ideal monetary properties. Specifically, fungibility.


Consider it done. I fully support bitcoin fungibility across the board without exception.


That's fantastic. Thanks very much for being clear and direct about this. And congrats again on the new job!

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 13, 2013, 12:59:13 AM
 #22

I'd like to hear Matonis say that the Foundation is committed to fighting to uphold bitcoin's ideal monetary properties. Specifically, fungibility.


Consider it done. I fully support bitcoin fungibility across the board without exception.

Great news and congrats on the new position!!!

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