TheGuySwann on Nostr: “Death to fiat via global p2p economy. This requires high TPS on a chain that can't ...
“Death to fiat via global p2p economy. This requires high TPS on a chain that can't be gamed by industrial miners or social consensus via PoS.”
There is no way, zero, nadda, absolutely in no way shape or form is it possible to have global retail payments on chain AND have a secure decentralized independent network. ZERO. This is fundamental to how it works. You are demanding that we have a broadcast network for every transaction on earth. It’s flatly absurd from a technical point of view.
It is an impossibility, you might as well scream at the clouds, you’ll probably have more luck honestly.
If you cannot understand the most basic network and technical limitations and WHY it works, then you cannot possibly understand why decisions are made to retain decentralization and actually scale something in the realm of real life.
I would tell you to maybe read Layered Money just to get a big picture, but judging by your responses and that you can’t even **acknowlegde** the difference and just keep parroting the same crap as if it’s some revelation you’ve had that NOBODY else could’ve thought of, “OMG we could just add more tps!!, then this is definitely going nowhere.
Read the book if you even bothered to read that part of my response before constructing the same thing you’ve regurgitated 4 times already.
I’ll still say I hope you have a nice day, but I’m muting you this time sense this isn’t even a real discussion anyway.
There is no way, zero, nadda, absolutely in no way shape or form is it possible to have global retail payments on chain AND have a secure decentralized independent network. ZERO. This is fundamental to how it works. You are demanding that we have a broadcast network for every transaction on earth. It’s flatly absurd from a technical point of view.
It is an impossibility, you might as well scream at the clouds, you’ll probably have more luck honestly.
If you cannot understand the most basic network and technical limitations and WHY it works, then you cannot possibly understand why decisions are made to retain decentralization and actually scale something in the realm of real life.
I would tell you to maybe read Layered Money just to get a big picture, but judging by your responses and that you can’t even **acknowlegde** the difference and just keep parroting the same crap as if it’s some revelation you’ve had that NOBODY else could’ve thought of, “OMG we could just add more tps!!, then this is definitely going nowhere.
Read the book if you even bothered to read that part of my response before constructing the same thing you’ve regurgitated 4 times already.
I’ll still say I hope you have a nice day, but I’m muting you this time sense this isn’t even a real discussion anyway.