It’s actually worse than that. Blockchains make you send every transaction in the world to every potential miner, and then the block size is a limited resource

It’s actually worse than that. Blockchains make you send every transaction in the world to every potential miner, and then the block size is a limited resource that they all compete for. And then everyone stores the state of everything in the world. It’s like if BitTorrent seeders stored every time. No wonder SSTORE is so expensive in Ethereum. Jack Dorsey has the right idea with Web5, as did the ION folks at Microsoft. A middle ground is a hub-and-spoke model like Polkadot and Cosmos have, but we can get all the way to embarrassingly parallel systems. The fact that you have to ask how many transactions per second some distributed system can support means there is a bottleneck somewhere. No one asks this about HTTP (Web) or SMTP (email) because the more computers join, the more you can support. We are building Intercloud, which is the next thing after Blockchain. Here three years ago the CTO of Ripple stopped by our forum to discuss and debate its design: https://community.intercoin.org/t/intercoin-technology-consensus/ https://community.intercoin.org/t/intercoin-technology-conse...