kaal:claim:3782198-033

Blockchain transactions will always be expensive whether or not proof of stake is solved, because full participation requires downloading the entire transaction history to verify validity, an extreme redundancy that cannot be removed.

If you want to fully participate in the network, you need to download a copy of the entire history of every transaction of every bitcoin in existence. This extreme re- dundancy and inefficiency means transactions will always be expensive.

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021), New tools: blockchain protocols, p. 31
https://ssrn.com/abstract=3782198 · source PDF

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

• applies to blockchains that require full history verification

failuresupport: arguedfailure: permanent-cost-of-full-verificationfamily: scalability-and-throughput-limitblockchainconsensus-and-security

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