kaal:claim:3411897-024

The data mining that produces scarcity in existing blockchains also slows creation, so high speed transactions cannot be achieved for the foreseeable future without a different consensus design.

Currently, the data mining required to provide scarcity also slows creation so that high speed transactions cannot be achieved for the foreseeable future.

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part 2: The Present, Decentralization Neutralizers, p. 34
https://ssrn.com/abstract=3411897 · source PDF

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

• proof of work style mining that manufactures scarcity

failuresupport: arguedfailure: scarcity-throughput-tradeofffamily: scalability-and-throughput-limitconsensus-and-securityblockchain

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• Extension: Performance analysis on Diversity Mining‐based Proof of Work in bifolded consortium blockchain for Internet of Things consensus
• Extension: Transaction Cost Analysis for a High Security Role-Based Access Control Vending Machine Using Blockchain
• Qualification: Designing a Blockchain Model for the Paris Agreement’s Carbon Market Mechanism