News for hackers. Stuff that matters.
Re:PayPal Bids $500M to Acquire Crypto Startup Curv by tgraves83 on Wednesday March 03, 2021 @12:56PM (#26332031)
As a systems person you don't see any benefit to having different layers? Currently you are getting to watch the issues of shoving everything into layer 1 play out on Ethereum. Bitcoin isn't just a distributed system, it's value is derived from being a decentralized one.

Almost every technical aspect of Bitcoin that people like to claim makes it "old technology" or inefficient were purposefully chosen trade offs with decentralization. It's obvious that a single centralized database would beat every cryptocurrency on transactions per second.

There are no comments on this comment yet.