5 ms·
That's new to me. It seems the argument hinges on this fact, "Bitcoin could therefore theoretically handle around 220 million transactions annually." I think
by zsmi 5y ago
That's new to me. It seems the argument hinges on this fact, "Bitcoin could therefore theoretically handle around 220 million transactions annually."
I think the assumption that there will be no innovation in this space, optimizations will never decrease the amount of computing resources required for a bitcoin transaction, and nothing can be done, is probably incorrect.
Some prospects:
https://en.wikipedia.org/wiki/Bitcoin_scalability_problem#Efficiency_improvements https://en.wikipedia.org/wiki/Bitcoin_scalability_problem#Ef...
- okl 5y agoThe pollution is happening right now. You must realize that appealing to a hypothetical future solution doesn't excuse us from our obligation to do things right in the present.
- lostmsu 5y agoCan you outline how that could have worked for cars, trains, and all other automation, which were all extremely polluting and inefficient, and were slowly refined over a course of XX century?