Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta

Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by nivenkos on Wednesday April 12, 2023 @09:17AM (#35539152)

The real issue with cryptocurrency is that it's not scaleable.

If they had some magic way of handling transactions so every node didn't need to keep all history, and nodes could be sharded in a hierarchy like DNS, etc. transactions times were near-instant and almost-free, etc. then it'd be a lot more useful.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by rybosworld on Wednesday April 12, 2023 @09:41AM (#35539488)

> The real issue with cryptocurrency is that it's not scaleable.

This is very outdated commentary. Cryptocurrency's get better at scaling every year.

Bitcoin was the first, so naturally it is the slowest. Transactions per second (TPS) is around 5.

Ethereum, which released a few years after Bitcoin is around 30 TPS.

There are newer crypto's like Loopring that can currently do 500 TPS.

Ethereum 2.0, is aiming for 100,000 TPS.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by cableshaft on Wednesday April 12, 2023 @10:20AM (#35540130)

And Solana has already proven to handle up to at least 8,453 TPS[1]. There might be others that can get higher, not sure.

[1]: https://crypto.news/solana-transactions-per-second-hit-an-al...

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