4 ms·
I mean, as soon as synchronisation is required in any system, block chain, distributed SAAS, even Peer to Peer sharing, decentralisation fails hard That's one
by awesome_dude 11mo ago
I mean, as soon as synchronisation is required in any system, block chain, distributed SAAS, even Peer to Peer sharing, decentralisation fails hard
That's one of the sticking points I have with the /idea/ of the technology
- immibis 11mo agoEthereum and similar chains run arbitrary computation on-chain. You can make a futures exchange on Ethereum (or Solana, etc). However, the fees for doing so are very large, and confirmation times are very long, like any other on-chain transaction.
- awesome_dude 11mo agoWhat I am loving about this comment, and the downvotes, is the idea that blockchains can escape things like basic laws of the universe. > confirmation times are very long, like any other on-chain transaction Yes. synchronisation is where everything breaks down because you have to get everyone to agree to the new state. edit: Sorry, not everyone, but a consensus, and that consensus is then what everyone agrees is the state.