3 ms·
Wasn't the latency and limitation on throughput of number of transactions per second a flaw in design? I remember it that the whole process must have have been
by mmrezaie 6y ago
Wasn't the latency and limitation on throughput of number of transactions per second a flaw in design? I remember it that the whole process must have have been redesinged in order to get to what Banks are capable right now.
- thebean11 6y agoTransactions aren't free, they incur a permanent storage cost on nodes. Whether that's a design flaw is up to you, but any other solution has other tradeoffs. The lightning network exists, which I believe can eventually offer more bank-level transaction volumes off chain (still trustlessly) with periodic "commits" back to the chain.