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Topic: 7 million tps on Terrabyte blocks (Read 107 times)

sr. member
Activity: 810
Merit: 258
December 20, 2017, 08:06:28 PM
#1
I was very supportive for small blocks because decentralization.

Is this true; blocks could process 7 million tps on-chain?
https://news.bitcoin.com/7-million-transactions-a-second-research-paper-declares-1tb-blocks-feasible/

I mean, the on-chain solution would work and could let everybody(even the unbanked) hop on the bandawagon. BUT it would come at a cost of centralization. Can we not trust these miners though? Would they not act in the best of the network?

I want arguments against big blocks. Is the trade-off worth it? Convince me the current roadmap is the right one.
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