RE: Blockchain Update 4: Resource Credit Implementation Details
So when the Steem blockchain seized up - that was just an "oopsie"?
You've got to be kidding me that you think ETH is a good example, in fact, they're about to head for their own version of PoS hell with sharding -- https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62
And you prove my point by saying "why we have to keep improving our protocol is because so many people use it.".
It doesn't scale at the outset, so you have to bolt more things on to keep up, except those "exceptions" aren't going to help in the long term.
Every PoS coin thinks they have it together, but then when there's actual usage -- the flaws become realized and they are systemic.
But you know what? Go ahead, keep shoveling people on here and see just how badly it won't scale.
The problem with this platform is the slightest suggestion that it isn't manna from heaven is shot down and dismissed.
Enjoy your future implosion.
And then... What is your suggestion??
Halt everything until we have a guarantied way to scale up to 1000000 TPS?
If you are at the top of the wave and you are able to keep improving regularly...
Doesn't it paint a bright future to you??
If you were paying attention, you'd know that what I'm saying is Steemit is fundamentally flawed.
No amount of hard-forking, glossy features or rampant promotion is going to fix it. Unless perhaps they gut the central premise and rearchitect the centralized system they have.
I doubt they'd do that, so it seems failure is assured.