Croosss123
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:44:40 PM |
|
Great, so I will continue:
Ethereum wants to solve this problem using ‘cryptoeconomic incentives’ that drive actors in a system to act a certain way – in this case, ensuring that nodes are passing on valid information to other nodes.
|
|
|
|
Choco_boy
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:45:28 PM |
|
And I will go next Off-chain transactionsA possibly more ambitious capacity-expanding technology borrows from bitcoin’s Lightning Network, a proposed top-layer to the blockchain that mirrors how the multi-layered internet works.
|
|
|
|
Whyknow78
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:47:20 PM |
|
Lightning-style ‘off-chain’ transactions could bring the technology’s capabilities closer to how users were told it was ‘supposed to be’ (thats what they say) fast and nearly limitless in supply, while still not requiring users to trust any intermediary. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
Christ_bit
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:48:13 PM |
|
According to this vision, most transactions will be made on off-chain micropayment channels, lifting the burden from the underlying blockchain.
|
|
|
|
Choco_boy
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:53:41 PM |
|
The reason that this works, in theory, is that either party can kick the transaction back to the blockchain anytime they want, giving both parties the ability to end the interaction.
|
|
|
|
Christ_bit
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 02:54:53 PM |
|
With this add-on, ethereum’s computational limit doesn’t need to increase too much, and the hope is that it will still be reasonable for regular ethereum enthusiasts to run a full node. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Bogdamb0nd
Newbie
Offline
Activity: 644
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 03:19:31 PM Last edit: January 27, 2019, 04:00:44 AM by Bogdamb0nd |
|
|
|
|
|
Choco_boy
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 03:27:20 PM |
|
How long will it take to scale? This is a tricky question, as there’s still a lot of experimentation happening on the scaling front.
|
|
|
|
franch
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 03:28:12 PM |
|
|
|
|
|
Christ_bit
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 03:34:49 PM |
|
In creator Vitalik Buterin’s words, the long-term goal is for the platform to be able to process transactions at “Visa-scale transaction levels” or beyond. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
Croosss123
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 03:50:16 PM |
|
However, as skeptical observers are keen to point out, this is based on Buterin’s analysis, and on techniques that have yet to be deployed on a public blockchain.
|
|
|
|
seso
Newbie
Offline
Activity: 179
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 04:25:22 PM |
|
|
|
|
|
Whyknow78
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 04:33:32 PM |
|
In sum, although ethereum currently can only handle a handful of transactions per second, its architects have high hopes for the future.
|
|
|
|
Pangeran1995
Newbie
Offline
Activity: 710
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2019, 09:36:48 PM Last edit: January 27, 2019, 11:44:24 PM by Pangeran1995 |
|
|
|
|
|
|
tahubuluk
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2019, 08:19:51 AM Last edit: January 28, 2019, 11:08:16 AM by tahubuluk |
|
|
|
|
|
1789fallenangel1789
Newbie
Offline
Activity: 143
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2019, 11:38:21 AM Last edit: January 28, 2019, 10:13:52 AM by 1789fallenangel1789 |
|
|
|
|
|
|
amahdoude
Newbie
Offline
Activity: 420
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2019, 01:55:29 PM |
|
AUTHENTICATION POST #JOIN FACEBOOK profile link: https://www.facebook.com/adnane5no.of friends +followers: 6600 Telegram: @adnanema ETH address: 0x1944Ea91EF6447b64d9a61d8C7D0FFA0f00a26D7
|
|
|
|
|
|