RE: Step Back, Elephant in the Room: it's time to talk about the price. by kyle.anderson

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @psamuelson/re-kyleanderson-step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price-20170616t025715431z

ethereum · @kyle.anderson · Jun 16 '17

And no, today neither is scalable. Because why? Nobody has solved blockchain scaling.

properties (22)

`author`	kyle.anderson
`permlink`	re-psamuelson-re-kyleanderson-step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price-20170616t193442181z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-16 19:34:42
`last_update`	2017-06-16 19:34:42
`depth`	2
`children`	4
`last_payout`	2017-06-23 19:34:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	85
`author_reputation`	8,970,579,009,561
`root_title`	"Step Back, Elephant in the Room: it's time to talk about the price."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,035,623
`net_rshares`	0

@psamuelson · Jun 17 '17

$0.81

Having not been solved isn't equivalent to being unsolvable.
What is your definition of scaling?  It seems there are multiple solutions to increasing TPS, albeit modest but increases none the less.

👍 kyle.anderson

`author`	psamuelson
`permlink`	re-kyleanderson-re-psamuelson-re-kyleanderson-step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price-20170617t005456800z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-17 00:54:57
`last_update`	2017-06-17 00:54:57
`depth`	3
`children`	3
`last_payout`	2017-06-24 00:54:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.608 HBD
`curator_payout_value`	0.200 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	197
`author_reputation`	1,060,163,245,015
`root_title`	"Step Back, Elephant in the Room: it's time to talk about the price."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,054,549
`net_rshares`	38,051,381,920
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
kyle.anderson	0 B		38,051,381,920	100%

@kyle.anderson · Jun 17 '17

My definition of scaling is millions of transactions per second. I hope scaling can be solved. We won't know until we try our hardest. 

It is an unsolved problem.

properties (22)

`author`	kyle.anderson
`permlink`	re-psamuelson-re-kyleanderson-re-psamuelson-re-kyleanderson-step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price-20170617t012446670z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-17 01:24:45
`last_update`	2017-06-17 01:24:45
`depth`	4
`children`	2
`last_payout`	2017-06-24 01:24:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	163
`author_reputation`	8,970,579,009,561
`root_title`	"Step Back, Elephant in the Room: it's time to talk about the price."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,055,906
`net_rshares`	0

@psamuelson · Jun 19 '17

I would be happy with a few hundred tps right now for eth or btc.

properties (22)

`author`	psamuelson
`permlink`	re-kyleanderson-re-psamuelson-re-kyleanderson-re-psamuelson-re-kyleanderson-step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price-20170619t031050440z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-19 03:10:51
`last_update`	2017-06-19 03:10:51
`depth`	5
`children`	1
`last_payout`	2017-06-26 03:10:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	65
`author_reputation`	1,060,163,245,015
`root_title`	"Step Back, Elephant in the Room: it's time to talk about the price."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,227,083
`net_rshares`	0

1 reply