On 1/31/2015 5:11 AM, Wladimir wrote: > The block chain is a single channel broadcasted over the entire world, > and I don't believe it will ever be possible nor desirable to > broadcast all the world's transactions over one channel. > > The everyone-validates-everything approach doesn't scale. It is however > useful to settle larger transactions in an irreversible, zero-trust > way. That's what makes the bitcoin system, as it is now, valuable. > > But it is absurd for the whole world to have to validate every > purchase of a cup of coffee or a bus ticket by six billion others.
Well to be fair, nobody suggested 6 billion full nodes. Although some residential connections today do have Angel's 15G/10min... (sadly, not mine). One of the best points Gavin made is, it would be unwise to artificially limit the number of transactions below the technical capabilities of the network. That's how competitions are lost. http://gavintech.blogspot.com/2015/01/twenty-megabytes-testing-results.html ------------------------------------------------------------------------------ Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
