this post was submitted on 02 Feb 2024
1888 points (96.5% liked)

Memes

45661 readers
2205 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 29 points 9 months ago (16 children)

Consensus algorithms lie at the foundation for a great many of the backend systems our internet depends on, massive scaling would be a near impossibility without them. -- me, a 25 year backed engineer

It makes absolute sense that a massively scalable trustless system involving money would use a consensus algorithm with a large number of nodes.

[–] [email protected] 11 points 9 months ago (6 children)

massive scaling

Uh, yeah, after guzzling electricity like a small country, I'm sure bitcoin has massive scaling. Ability to process 9 transactions per seconds counts as massive scalability, right?

[–] [email protected] 0 points 9 months ago* (last edited 9 months ago)

And of course, the dollar, and Wall St. use no electricity whatsoever!

Also, your comment demonstrates your lack of knowledge on even the basics on this topic.

load more comments (5 replies)
load more comments (14 replies)