Re:Most Salvadorans have already ditched their national Bitc...
by CyberDildonics on Wednesday May 04, 2022 @11:11PM
(#31268952)
There are many technical reasons for constraints like block size, block time, tx complexity, etc. most of these are for an availability or reliability metric. It is really important that low powered hardware can run a node if it is to be universal.
Why would nodes need to be low powered and how lower powered do you think they need to be? A $35 raspberry pi with an SD card or a $10/month VPS can run a node, even though these nodes don't really matter. This is propaganda that has no technical merit. You are repeating the same nonsense that gets repeated for the last 8 years, but never with any technical details, reasoning or explanation. This assertion is as deep as it goes.
So far unbounded solutions have presented fragile constructions on unproven math; low reliability with multiple hours long outages; very high compute and storage requirements for node hosting.
I have no idea what you are talking about here since you gave no examples, details, numbers or real information of any kind. Every cryptocurrency besides bitcoin has more throughput. Ethereum, doge coin, lite coin, bitcoin cash and many others. Bitcoin is the only one that is artificially constrained to a pathetic trickle of data. Who would attach themselves to something that can't scale? If I give you an address, you can't send to it through the lightning network. Why use a side chain when you can just use a chain that actually works?
Why would nodes need to be low powered and how lower powered do you think they need to be? A $35 raspberry pi with an SD card or a $10/month VPS can run a node, even though these nodes don't really matter. This is propaganda that has no technical merit. You are repeating the same nonsense that gets repeated for the last 8 years, but never with any technical details, reasoning or explanation. This assertion is as deep as it goes.
So far unbounded solutions have presented fragile constructions on unproven math; low reliability with multiple hours long outages; very high compute and storage requirements for node hosting.
I have no idea what you are talking about here since you gave no examples, details, numbers or real information of any kind. Every cryptocurrency besides bitcoin has more throughput. Ethereum, doge coin, lite coin, bitcoin cash and many others. Bitcoin is the only one that is artificially constrained to a pathetic trickle of data. Who would attach themselves to something that can't scale? If I give you an address, you can't send to it through the lightning network. Why use a side chain when you can just use a chain that actually works?