Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Not the parent, and not knowledgeable about Etherium.

But does't such limitations fundamentally question the global ambitions of Etherium? Could you really run a global digital economy with such limitations?

To me it seems an apt analogy about the capacity of Etherium, assuming it is correct?



It's all sorts of incorrect, incomplete and misleading.

It also invokes the corollary that this virtual computer weaker than a Raspberry Pi is the most efficient computer processor on a realized dollar basis: what other computing system with less processing power than a Raspberry Pi is settling $10 billion dollars of finance per day?


It is settling 10 Billion dollars per day... barely. I don't think anyone can dispute that Ethereum network is buckling under the pressure (represented by rising gas prices). I am not sure if OP was trying to be snarky, but they do have a point. This system is not scaling well and the problem is how slow EVM is. It is valid to criticize that and I think this has even the insiders worried.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: