Craig Wright has broke physics! /s
Did you know Craig Wright has found a way for bitcoin cash transaction to go faster than light
Well not exactly- sorry for the clickbait;)
When asked on how it possible:
For fun let calculate how many transaction can be done when you break physics.
So let assume basic math:
So bcash has 8mb block which can do 40 tps.
The node relay speed for every transaction right now is 250 microseconds. Source
Craig is claiming it can now be done in 20 milliseconds( ms stands for millisecond)
So how many milliseconds are in a microsecond:
So 20000/250=80 times scale
40*80=3200 tps
Amazing!
The only way slightly possible to reach this node relay is every the nodes are the miners and every miner is located in one area so the relay speeds are super fast
Breaking physics yet only increasing speeds by a small amount how sad :(
And trashing decentralization-a sweet bonus /s
So I guess Bitcoin cash is still going for 1tb. :(
https://steemit.com/crypto/@sames/how-much-money-do-you-need-to-run-terabyte-blocks
And sorry by the looks of it, it is not an April Fools Joke.
Yeah sorry guys just had to post this :)
Going to talk about bitcoin tech and altcoin tech tomorrow
I promise!
Now if you want to learn on good decentralized scaling tech learn from my bitcoin lessons :)
My bitcoin lessons:
How segwit is actually a big block increase= https://steemit.com/bitcoin/@sames/how-segwit-is-actually-a-big-block-increase
Why big blocks are not the answer= https://steemit.com/bitcoin/@sames/why-big-blocks-are-not-the-answer
LN nodes are NOT banks or like banks= https://steemit.com/bitcoin/@sames/ln-nodes-are-not-banks-or-like-banks
What is the lightning network= https://steemit.com/bitcoin/@sames/bitcoin-s-lightning-network-simply-explained
What is Schoor signatures= https://steemit.com/bitcoin/@tipu/the-next-big-thing-in-bitcoin-network-schnorr-signatures or https://medium.com/@SDWouters/why-schnorr-signatures-will-help-solve-2-of-bitcoins-biggest-problems-today-9b7718e7861c
Bitcoin’s ethereum killer-rsk.co= https://steemit.com/bitcoin/@sames/bitcoin-s-ethereum-killer-rsk-co
Bitcoin newest scaling method adding bech32 plus others= https://steemit.com/bitcoin/@sames/bitcoin-newest-scaling-method-adding-bech32-plus-others
Batching : https://steemit.com/bitcoin/@sames/how-bitcoin-fees-will-get-cheaper-with-out-a-block-increase
Adding privacy to bitcoin with softforks or compatible software: https://steemit.com/privacy/@sames/making-bitcoin-have-fungibility-privacy-again
Transaction speed count using the new tech coming to bitcoin=
https://steemit.com/bitcoin/@sames/segwit-bech32-batching-others-will-lead-to-bitcoin-reaching-passing-ethereum-on-chain-tps-level
My bitcoin privacy series.
Post #3 coming out this week!
Introduction post: https://steemit.com/bitcoin/@sames/how-bitcoin-plans-on-adding-privacy-fungibility
Onchain privacy: https://steemit.com/privacy/@sames/on-chain-privacy-how-bitcoin-plans-on-adding-privacy-fungibility
Off chain privacy: https://steemit.com/bitcoin/@sames/offchain-privacy-how-bitcoin-plans-on-adding-privacy-fungibility
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