Network congestion is driving user paid fees in Bitcoin and other blockchain based systems Adequate network congestion is critical for sustainable long-run operation of the system Simple design modifications to the current Bitcoin protocol such as smaller but more frequent blocks and dynamically adjusting throughput to control congestion would increase the overall efficiency of the system.
Philippe Visser ’04 is the Senior Vice President of Development, Hudson Yards, at Related. In a recent interview with Mark Abramowicz ’18, Mr. Visser discussed his background and what drew him to real estate, the allure of large, complex projects, and gave advice for current Columbia Business School students aspiring to have careers in real estate.