Re:No Bitcoin-based protocol can handle more than 20M users ...
by augustl on Sunday October 08, 2017 @10:40AM
(#15428376)
Wow, that's super interesting, I've never heard about something like that proposed before. Same protocol, but layered and sharded, basically.
[ Parent
| on HN ]
Re:No Bitcoin-based protocol can handle more than 20M users ...
by Buttes on Sunday October 08, 2017 @10:46AM
(#15428400)
The Ethereum guys proposed something like this in a super long rambling document with lots of made up terminology [1]
Re:No Bitcoin-based protocol can handle more than 20M users ...
by AluminiumPoint on Sunday October 08, 2017 @10:47AM
(#15428403)
Yeah! We can also do 'cross chain atomic swaps';
A trustless tx that allows two chains to agree on a price.
Either both sides claim it, or the money is returned to its sender.
Re:No Bitcoin-based protocol can handle more than 20M users ...
by corford on Sunday October 08, 2017 @01:26PM
(#15429055)
There are quite a few projects working on "cross-chain" solutions:
And more
Re:No Bitcoin-based protocol can handle more than 20M users ...
by NotUsingLinux on Sunday October 08, 2017 @10:45AM
(#15428399)
Ethereum sharding?
Re:No Bitcoin-based protocol can handle more than 20M users ...
by sudoscript on Sunday October 08, 2017 @10:53AM
(#15428425)
Check out Ethereum's Plasma proposal: plasma.io. It's a similar concept. I'd describe it as tree of blockchains with MapReduce for state transitions and merkle trees for proofs.