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.

Source quote, verbatim

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

From

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

Cite as

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

Holds when

proof of work style mining that manufactures scarcity

Classification

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

Verify

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