3 ms·
Having a large number of independent non-mining full-history nodes is good, but it’s ultimately far less important than the distribution of mining (voting) node
by TimeBearingDown 3y ago
Having a large number of independent non-mining full-history nodes is good, but it’s ultimately far less important than the distribution of mining (voting) nodes, and it’s one of many factors that must be considered while working to increase throughput, which is an absolute imperative.
Under 10 tx/sec is glacial, it makes Bitcoin useless for the people with the least access to financial services, and it seems starkly in opposition to Satoshi’s written comments about scaling when adding the 1MB block size.
I do think Bitcoin should be considered a failure if it becomes purely an exercise in hoarding.
I will say!I’ve been too happy with Ethereum and Monero to test Lightning, but I should. I had misgivings with its interface and availability requirements while reading of it in the past years.