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The transaction limit and public-ness of transactions are implementation details of certain blockchains. There are blockchains with much better TPS, and blockch
by oh_sigh 4y ago
The transaction limit and public-ness of transactions are implementation details of certain blockchains. There are blockchains with much better TPS, and blockchains where transactions are not public.
- leokennis 4y agoOkay so how can you have a payment system where: - Transactions are on a decentralized blockchain - That blockchain is however not public - That blockchain allows for high(er) TPS - That blockchain isn’t vulnerable to easy fraud Am I missing a trade-off here?
- oh_sigh 4y agoYes - you're missing "mathemagic" :) And a variety of independent engineering solutions which are largely independent of the mathemagic(think sharding or something like the lightning network). Check out ZCash for an example of non-public, decentralized block chain.
- deleted 4y ago[deleted]
- vorpalhex 4y agoDecentralization (and therefore fraud risk through things like doube spend).