3 ms·
Indeed. Blockchain tech, at least in its PoW incarnation, seems like a negation of Moore's law. The same operations get slower and less efficient over time.
by AlexandrB 5y ago
Indeed. Blockchain tech, at least in its PoW incarnation, seems like a negation of Moore's law. The same operations get slower and less efficient over time.
- asfgfsigninoi 5y agoEvery incarnation I've heard of is comparably slow. People claim to have ways to improve efficiency but I haven't heard of anything within three orders of magnitude of performance of the Windows 95 machine rusting in my garage.
- pphysch 5y agoThe canonical way to get around the inevitable inefficiency of decentralization at scale is to quietly re-add centralization (ReFi?) and bury it under technical neologisms and benchmarks. "Look how fast and innovative $cryptocurrency is! I totally didn't just reinvent a centralized payment settlement system."