2. If a chain produces 5/10/30/120 blocks per min, the delay would not really make it usable cross-planets. And throughput / amount of info produced by so many blocks might be a limit as well.
Show this thread
Thread re: cross-planet chains
1.
Feels to me that #bitcoin
is the only L1 chain that can be truly cross-planetary as it is now.
Earth/Mars comms full round-trip is between 6m and 44m.
-
-
-
3. Ideally Mars inhabitants could have their
#LightningNetwork
hubs to reduce settlements on #bitcoin mainchain.Show this thread -
4. Other chains would likely need to build a sidechain that allows balance changes only and reduce block speed to 1 block every 10 min to reduce data transmission. The sidechain will settle on mainchain via a bridge.
Show this thread -
5. Was also thinking. The
#crypto arbitrage between#bitcoin and @Tether_to$USDt Mars/Earth exchanges will be huge given the roundtrip but then asked myself: who the f**k needs fiat anyway on Mars when you ave#bitcoin .Show this thread -
New conversation -
-
-
@dhruvbansal 3 part series, Bitcoin Astronomy covers all this in detail. He is the leading expert on this field imo. Read it! - End of conversation
New conversation -
-
-
We need slower chains
-
Learn about blockchain trilemma. Bitcoin is the most secure and decentralized asset and settlement layer in the universe. Scaling is done properly as it should via further layers and side chains, without compromising security & decentralization of L1.
- Show replies
New conversation -
-
-
I 100% agree. Of course, but, big big BUT, are we not forgetting that by that time planets will have 3-4 quantum entanglement internet mesh hubs which then broadcast to starlinks providing planetary and universal internet...
-
..Of course bitcoin will be powered by dyson spheres also encapsulating the compressed energy of suns.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.