I do like NANO to some extent, but I do still have the question of scaling. The lead dev supposedly did a succesful closed network test of 7k tx/s. In a real scenario, that number is probably somewhat lower until some lower tier nodes start to get unsynced. If the network starts to reach such limits (which is very possible if real adoption comes along) is there actually some way to scale beyond?
I do like NANO to some extent, but I do still have the question of scaling...
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devs are constantly working on scaling. V17 is the next version which introduces pruning.
Vitalik Buterin is talking about full adaption and scaling to millions of transactions per second. Nano's couple of thousands TPS is a joke. No matter what they do with pruning etc. Visa has 56 000 TPS.
Yeah that's kind of the thing though isn't it everyone talks about solutions but they stand around with dicks in their hands and nothing gets done. The 7k test was done over a year ago when the project may as well have been in infancy. It's an entirely new method of handling transactions with unlimited scalability. Theoretically there is no limit to the transactions per second nano can handle if the project continues to grow.
How nano works is every transaction is not the same as eth/btc/ltc which hosts all wallets on the main chain instead nano uses each wallet as it's on blockchain which produces it's own proof of work. Therefore during each transaction the network does not need to update every wallet on the mainchain of the transaction which minimizes scalability issues.
>He thinks timed blocks are the same thing as a dag combined with individual blockchains for instant confirmation
How cute
The 7K test was false. Nano had to change do to serious security issues and the TPS fell to 100-200. Still nutty nanoids were running around with the fake 7K meme.
Ethereum has 1 100 software engineers, working on scaling. Your dick in your hand comment is idiotic. There is no way in hell Nano can scale to full adaption.
>straw man fallacy
t/ utter moron
>Theoretically there is no limit to the transactions per second nano can handle if the project continues to grow.
That is just as idiotic as saying that theoretically there is no limit to how fast a car can go, and the plan is to get enough speed so the car can escape the earth's gravity shield and drive to the moon. There is NO way Nano can physically reach VISA's 56 TPS or Ethereum's coming one million TPS. It is a tough job for Ethereum, but if anyone will be able to to do it, - it will be them.
Current TPS is 756. Pretty far away from 56 000, and VISA does not try to be a global currency.
Says my theoretic hyperbole is bad, claims ethereum will somehow reach 1 million tps on chain yeah ok buddy and lightning network will change everything too just keep holding on.
Sharding, a Layer 1 scaling solution, is cited by Buterin as the first protocol that will allow Ethereum to scale effectively. Sharding divides the Blockchain network into fragments called shards that contain their own independent piece of state and transaction history, which are then equipped with a group of nodes responsible for processing the information of certain fragments.
Sharding works in conjunction with Plasma, which is a Layer 2 solution described by Buterin as a “special construction that’s connected to the blockchain and gets alot of decentralization properties from it, but at the same time has much higher throughput by itself.”
Spoiler dipshit block lattice already does what the lightning network or plasma or whatever you faggots want to call it does. Jesus you fucks have no idea what you're talking about and just circle jerk your bags.