4 ms·
That is just waiting for some type of disruption. Not that I can predict what that disruption would be but things this inefficient can not be an optimal end st
by bhouston 9y ago
That is just waiting for some type of disruption. Not that I can predict what that disruption would be but things this inefficient can not be an optimal end state for this type of technology.
- sp332 9y agoIt's true, work on other systems like proof-of-stake instead of proof-of-work are in active development. It might be too hard to backport to bitcoin specifically, but other cryptocurrencies don't have to be this bad in the future.
- api 9y agoBitcoin was the first practical secure distributed ledger and cryptocurrency. The first of something is never the most efficient or capable. I'm sure there are better ways.