4 ms·
It’s completely useless metric. One bitcoin transaction can represent a billion of off-chain exchanges. Energy is spent securing the chain, not executing trans
by keymone 6y ago
It’s completely useless metric. One bitcoin transaction can represent a billion of off-chain exchanges.
Energy is spent securing the chain, not executing transactions.
- Barrin92 6y ago>One bitcoin transaction can represent a billion of off-chain exchanges It can't because the entire uniqueness of crypto-currencies lies in their decentralisation. If you make an arbitrary large block you'll increase the running costs of the node, which will centralise the control of the chain. If you have a bazillion transactions on a block you've just reinvented a bank, because the integrity of countless of transactions then lies with one institution outside of the actual chain, and the only one who'll run the node is someone with a huge data-center
- keymone 6y agoI said off-chain. Look up lightning network.