True, but I also think that there's a huge difference between 10m and 7. If you can get to 10m then you can get a TON more infrastructure up which is fast,
In 10 year we might see that. But it would mean that every single node / participant to the network has to have outstanding network speed and resources. Till today in most of the world 1Gb/s is still a dream. Isn't it better to avoid L1 having to handle it all?
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Don’t bet against hardware :), it’s an exponential. Ending up on the wrong side of that curve is a death sentence. A $500 playstation has the specs to handle 1gbps/500ktps. I suspect that steady state load is going to be low and dynamic burst capacity will be more important.
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This is similar to the block size debate in bitcoin. Of course in 10 years you can have a 100GB block, but why you would do that if you can scale more elegantly? Same applies here. You might be able to scale putting tons of hardware but there are better ways :-)
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That's why L2 solutions are popping out.