Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc...
by intotheabyss on Monday April 12, 2021 @07:28PM
(#26786427)
You can scale Ethereum by running computations off-chain and submitting batches of zero knowledge proofs on-chain. StarkWare https://starkware.co/ is the leading layer 2 for zk proofs. There are also other platforms that use other zero knowledge techniques to batch computation and sends proofs of that computation on-chain.
Not really tech problems; you're bound to the limits of the law
> International Transfers
Not a tech problem; international trx are dropping in price as competition increases; tech doesn't change anything here.
> Micro Payments / Internet money
There is no way to scale the tech to the volume where it makes sense for microtransactions.
I'm not really seeing these as problems fundamentally limited by technology.