Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 37. (Read 9855 times)
January 22, 2019, 01:39:12 PM
Despite the inconvenience, running a full node is the best way for users to take advantage of privacy and security.
January 22, 2019, 01:37:59 PM
If each node grows large enough, only a few large companies will have the resources to run them.
January 22, 2019, 01:37:50 PM
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January 22, 2019, 01:36:15 PM
The worry is that, if developers raise the size of each block to fit more transactions, the data that a node will need to store will grow larger – effectively kicking people off the network. 
January 22, 2019, 01:24:37 PM
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January 22, 2019, 01:10:29 PM
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January 22, 2019, 12:52:02 PM
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January 22, 2019, 12:40:49 PM
This is obviously a cumbersome task, especially since the total number of transactions is increasing approximately every 10–12 seconds with each new block. January 22, 2019, 12:37:38 PM
That’s because ethereum depends on a network of ‘nodes’, each of which stores the entire ethereum transaction history and the current ‘state’ of account balances, contracts and storage. 
January 22, 2019, 12:36:07 PM
The problem is, it’s tricky to preserve this balance while also growing the number of users (especially to the point where average people can use the system to purchase coffee or run applications).
January 22, 2019, 12:31:08 PM
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January 22, 2019, 12:27:53 PM
Ethereum and bitcoin use a combination of technical tricks and incentives to ensure that they accurately record who owns what without a central authority.
January 22, 2019, 12:26:55 PM
Why is scaling so difficult?
January 22, 2019, 12:23:47 PM
As disappointing as that might sound, there’s hope in proposed solutions that haven’t made it into the official software yet.
January 22, 2019, 12:20:06 PM
While ethereum developers might like to highlight how the flexible smart contract platform differs from bitcoin, for example, it isn’t unique in regards to scalability.
January 22, 2019, 12:18:38 PM
Because of a hard-coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the 45,000 processed by Visa.
January 22, 2019, 12:18:19 PM
This limitation of ethereum and other blockchain systems has long been the subject of discussion by developers and academics.
January 22, 2019, 12:11:34 PM
The problem is that, today, we don’t really know the limits of the platform.
January 22, 2019, 12:09:43 PM
Like other public blockchains, ethereum intends to support as many users as it can.
January 22, 2019, 12:08:13 PM
Now how will Ethereum will scalate in the future??
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