Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
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Bitcoin does scale by increasing the size of the blocks. More transactions per block. Same power consumption.
Nope. Even if you get over the silly transaction cap, it still has about O(n³) storage scaling with the number of participants, which is completely untenable. Can't fix that with larger blocks.
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where n = number of participants? O(n) i can understand. where does the other n x n come from? At least it can scale in the short run.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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