|
Title: 7 million tps on Terrabyte blocks Post by: justone123 on December 21, 2017, 01:06:28 AM I was very supportive for small blocks because decentralization.
Is this true; blocks could process 7 million tps on-chain? https://news.bitcoin.com/7-million-transactions-a-second-research-paper-declares-1tb-blocks-feasible/ I mean, the on-chain solution would work and could let everybody(even the unbanked) hop on the bandawagon. BUT it would come at a cost of centralization. Can we not trust these miners though? Would they not act in the best of the network? I want arguments against big blocks. Is the trade-off worth it? Convince me the current roadmap is the right one. |