Re:Ethereum: Rise of the World Computer
by ufo on Friday February 26, 2016 @09:47AM
(#11181610)
You shouldn't ignore political problems when it comes to distributed systems...
Additionally, raising the block size cap is only a stopgap measure. Eventually you will reach hard bandwidth or disk storage limits and the only way will be to throw some transactions outside the blockchain.
Re:Ethereum: Rise of the World Computer
by nickik on Friday February 26, 2016 @02:57PM
(#11183750)
Bishares is a blockchain that can do as many and more transaction as Visa. Their does not seem to be a fundamental problem as long as you accept that Worker(miners) are fast servers with good networks.
Additionally, raising the block size cap is only a stopgap measure. Eventually you will reach hard bandwidth or disk storage limits and the only way will be to throw some transactions outside the blockchain.