From: Tom Zander <tomz@freedommail•ch>
To: bitcoin-dev@lists•linuxfoundation.org,
Cserveny Tamas <cserveny.tamas+bc@gmail•com>
Subject: Re: [bitcoin-dev] Horizontal scaling of blockchain
Date: Fri, 01 Sep 2017 15:12:18 +0200 [thread overview]
Message-ID: <1570222.Uh686LP1o4@strawberry> (raw)
In-Reply-To: <CACY+MSO8PM89VTtKfuZiQGvAs7a7R6_4mY+onhZh9KnvwxW2uw@mail.gmail.com>
On Friday, 1 September 2017 14:47:08 CEST Cserveny Tamas via bitcoin-dev
wrote:
> The fundamental problem is that if the miners add capacity it will only
> increase (protect) their share of block reward, but does not increase the
> speed of transactions.
Adding more space in blocks has no effect on the block-reward. It does
actually increase the throughput speed of transactions.
> This will only raise the fee in the long run with
> the block reward decreasing.
Also this is exactly the opposite of what actually happened.
> The current chain is effectively single threaded.
This is not true, since xthin/compactblocks have been introduced we
completely removed this bottle-neck.
The transactions will be validated continuously, in parallel and not just
when a block is found.
--
Tom Zander
Blog: https://zander.github.io
Vlog: https://vimeo.com/channels/tomscryptochannel
next prev parent reply other threads:[~2017-09-01 13:12 UTC|newest]
Thread overview: 7+ messages / expand[flat|nested] mbox.gz Atom feed top
2017-09-01 12:47 Cserveny Tamas
2017-09-01 13:12 ` Tom Zander [this message]
2017-09-01 17:15 ` Lucas Clemente Vella
2017-09-01 17:24 ` Thomas Guyot-Sionnest
2017-09-01 18:15 ` Cserveny Tamas
2017-09-01 19:40 ` Thomas Guyot-Sionnest
2017-09-02 21:13 ` Tom Zander
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