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13422543 No.13422543 [Reply] [Original]

1. All nodes need to execute all contracts, no parallelization!
2. You can't store valid unmined transactions
3. No UTXO set, dependence on the whole history
4. 13-second blocks can't produce healthy reorg mechanism

>> No.13422553
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13422553

chainlink solves all the problems you can ever imagine, so don't worry buddy

>> No.13422578
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13422578

>altcoin is flawed
water is wet

>> No.13422608

>>13422543
The only problematic one is #1, which is solvable via offchain scaling and base layer sharding. The rest are non-issues that don't affect usability or security in any meaningful way for what ethereum is going to be, which is a security base layer of a smart contract based highly automated and highly trustless financial and identity services ecosystem.

>> No.13422644

>>13422543
>1. just describes sharding which IS on their roadmap (phase 2)
phase 0 of eth2 is PoS end of 2019

>> No.13422657

>he thinks his silly trivial solidity programs need parallelization to run faster
Consensus algo is the bottleneck

>> No.13422667

...Fantom

>> No.13422672

>>13422543
>what is Serenity going to fix: the post

>> No.13422689

>>13422578
Bitcoin is flawed much more than ETH, not to mention zero utility compared to it

>> No.13422697

>>13422543
That's literally what sharding is supposed to solve, kek

>> No.13422964
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13422964

>>13422689
>only unconfiscatable money has no utility
lol

>> No.13422978

>>13422964
Kek, thanks anon

>> No.13422999
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13422999

>>13422543

>what is sharding
>what are layer solutions


Back to your den fag

>> No.13423533

>>13422964
>something that can't be effectively used as a medium of exchange due to technical limitations
>money
bitcoin isn't money. it's a virtual collector's item.

>> No.13423550
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13423550

>>13422543
> decentralized
> scalable
Pick one.

>> No.13423672

>>13422999
yeah. lets make unscalable tech even more complex and hope for the best

>> No.13423757
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13423757

>>13422608
>and sharding
2025+
KEK

>> No.13423772

>>13422644
>2019
no anon, MAYBE in 2-4 YEARS

>> No.13423782

>>13422999
yes those will be very useful in 3-6 years... until then?
...

>> No.13423790

>>13422608
>offchain scaling

>> No.13423857

ETH team is extremely brilliant. They will solve it . Plasma, will increase throughout to millions

>> No.13424039
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13424039

>>13423857
yes so brilliant

>> No.13424676
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13424676

>>13423533
>dump your gold because you can't buy coffee with it
imagine the IQ