Re:An analysis of Bitcoin's throughput bottlenecks
by gruez on Wednesday May 12, 2021 @06:43PM
(#27136059)
>use block compression tech like xthinner to make blocks essentially 1mb (like today), then the average fee needed is only $2.
Claiming that xthinner can reduce 100mb blocks down to 1mb is dishonest. It might reduce the network transfer down to 1mb (assuming you already the txes), but on-disk storage would stay the same.
Claiming that xthinner can reduce 100mb blocks down to 1mb is dishonest. It might reduce the network transfer down to 1mb (assuming you already the txes), but on-disk storage would stay the same.
https://news.ycombinator.com/item?id=25688004