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A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
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A session at Authenticate 2025 which explores the nuanced dynamics between passkeys and verifiable digital credentials, and their technological foundations across usability, privacy, trust models, and ecosystems with the goal of answering whether passkeys and verifiable digital credentials are friends or foes—and how these technologies might collaboratively shape the future of secure, user-centric digital identity systems.
There's a tradeoff: a lower capacity means you can skip more space during queries (you zoom in faster), but the tree has more nodes and uses more memory. A higher capacity means fewer nodes but each node requires checking more points linearly. As a starting point, capacities between 4 and 16 are reasonable defaults, though the best value depends on your data distribution and query patterns.