Vitalik says they are close to achieving 1 million transactions per second. Do you think it's possible?
Do you think they can achieve 1 million tps?
yes felix!
Nah, not without offchain transactions.
Yes, sharding is the future.
Burger flippers don't get it but it's just recreating the history of computing. Moving from vertical scaling to horizontal. If anyone cares about investing in crypto they should get a deeper knowledge of technology and it's history and current state.
Horizontal scaling, very different from plasma or lightning. You can have auditable on network scaling if you change the consensus from PoW
No. Ethereum is the Enron of crypto. Vitalik will go to jail and it will all collapse.
CAN SOMEONE EXPLAIN TO ME WHY CHIPOLTE FUCKING MEXICAN GRILL INC. IS WORTH MORE PER SHARE THAN MY ETHER??
WHY DIDN'T I JUST INVEST IN BURRITOS AND INSTEAD PUT ALL MY MONEY IN BUTTERIN?
Where did he say this?
Vitalik is John McAfeeing you all.
with plasma and sharding 1b tps is possible lol but the main chain is still 15 tps
What's the difference between Plasma and sharding?
Burritos have way more uses
one is big cums the other is a shatted and farded
No. Even with sharding there's way too much overhead to match the speed of something that's designed for scaling and speed like DPoS/BFT. But sharding will never happen to begin with because it's too fucking complicated.
This man has solved the issue. 15 TPS per user (address), with no practical restriction on the number of potential addresses.
Argh why do i even bother, it's not like anybody on biz actually cares about scalability
last pump before exit scam
No you stupid fuck there is not too much overhead.
Neighborhoods break the nodes into clusters so it functions like DPOS BFT except no weighted voting so there is less manipulation.
You people are fucking idiots that are just spouting shit that you don't understand.
The main chain is sharded. Endless misinformation.
I'm a programmer. It's obvious that you don't even understand the implementation.
I really do understand and work on a distributed system that does the same thing so go ahead and tell me where I am wrong.
How many nodes does your distributed system have? Can it scale to hundreds of thousands of nodes without incurring overhead costs which grow linearly with the number of nodes? My guess is no because that's fucking impossible. Distributed computing will NEVER be able to match centralized computing. It's physically impossible.
He’s literally been caught on video stroking his dick during live interviews, so excuse me if I don’t trust on faith this autistic pedo’s bullshit promises.
link
Pretty sure he said sharding was going to take a couple more years. This coin is fucked, we don't have a couple more years of 15 tps to wait.
chain link plz
Fuck man have u guys even heard of Bloxroute? It will up the tps enough to buy eth more time
Already possible with LOOM.
What? You didn't know?
>Do you think it's possible?
Yeah it is. The real question is - will Vitalik & co be able to achieve it within the next two years?
>He’s literally been caught on video stroking his dick during live interviews, so excuse me if I don’t trust on faith this autistic pedo’s bullshit promises.
link?
> Distributed computing will NEVER be able to match centralized computing. It's physically impossible.
What does this sentence even mean? How powerful is the centralised computer vs the distributed system in this scenario? There are grid computers that have performance on the order of dozens of petaflops.
Of course there's an overhead for distributed systems but that doesn't mean it's physically impossible for a distributed system to outperform centralised computers (?!)
If we assume that the base computing power is the same across both systems that is.
Webm from a 200+ thread here like a month ago. Wish I saved it. Hopefully another user did.
To be clear it was through clothing (he didn’t whip it out) but still.
just an itch user
Network lag will severely reduce computation speed. That's what he meant. However, there is a possibility that an algorithm or a protocol is developed to combat this pitfall.
Ah well in that case of course. The benefit of distributed systems (like SETI and Folding) is that commodity hardware can be utilised which would've sat idle otherwise. That is to say, there was no point at which a choice between a centralised or distributed system was made. There's idle hardware...use it for something useful. If you can get a lot of idle hardware on board, it's extremely powerful.
The same applies to sharding. It just so happens that - in this case - using distributed hardware also aligns with the DLT concepts of decentralisation and trustlessness. It's win win.
Typically you'd compute problems which are parallelisable with distributed systems. Network lag shouldn't be the main issue. It is true that distribution/parallelisation carries a cost and that returns do diminish (Amdahl's law). Who cares though; if you use centralised hardware to manage a distributed ledger then you're sacrificing one of its main benefits. If people prefer a chain with dPOS then they can use one.
Sharding isn't the same as sidechaining, which already exists for Ethereum.
All about use case though, for a lot of components of a a Dapp (like serving images or something), do you really need it to be maximally decentralised? Better to run a large chunk off chain (say on Loom or similar), and restrict the slow & expensive stuff to the main chain.