4 ms·
is it low cost, though?
by codesnik 4y ago
is it low cost, though?
- bitxbitxbitcoin 4y agoCompared to similarly functioning systems that are decentralized and distributed? Yes.
- cowtools 4y agoBitcoin and Etherium are probably amongst the most inefficient cryptocurrencies on the market.
- exo762 4y agoIs this analysis based on technical details of protocols? Or their economics? If latter, then I must object. Tx on one chain is not the same as tx on other chain. They are not interchangeable.
- idiotsecant 4y agoThere are much cheaper ways to achieve consensus, so long as you don't care very much about that consensus being real.
- bowsamic 4y agoLow cost as in energy and computation, but the cost of transactions are still higher and transactions are still slower than some of the alternatives as far as I'm aware