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Literally the comment above: > On-chain scaling is not sustainable. If you want to handle as many transaction as for example Visa, you would need 1 GB blocks e
by arekkas 9y ago
Literally the comment above:
> On-chain scaling is not sustainable. If you want to handle as many transaction as for example Visa, you would need 1 GB blocks every 10 minutes, which would make the whole blockchain heavily centralized because regular users won't be able to host full nodes to validate payments.
- trhway 9y agoDo we have most of regular users validating payments today? Not really, especially considering that most of the tx happen on exchanges, off the chain.
- SkyMarshal 9y agoThe way things are today and the way they need to be to ensure a censorship-resistant secure public ledger are not the same. Core is working toward that, security is first priority, then optimize performance after that.