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Do you have any evidence to support what you're saying? The research I cited directly contradicts your claim. You cannot scale up blockchains arbitrarily witho
by dsacco 10y ago
Do you have any evidence to support what you're saying? The research I cited directly contradicts your claim.
You cannot scale up blockchains arbitrarily without making fundamental tradeoffs to increase their performance (for example, increasingly centralizing it).
- jcoffland 10y agoIt is self-evident. Increasing the block size may indeed make a coin more centralised but we are talking about using cryptocurrency to replace outdated systems among banks, government agencies and brokers. In this case, it's not unreasonable to assume that the participants could afford to dedicate sufficient storage space to handle high transaction rates. There is no fixed limit on the transaction rate.