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25 Nov 2021 16:44:46 UTC
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4. Bitcoin Scales - Bitcoin Aphorisms
Aphorism: Bitcoin scales.
Explanation: There is no upper limit to the volume of transactions on Bitcoin. Because Bitcoin transactions can be validated in parallel, in principle miners must add more computational hardware for a larger volume of transactions. Of course, they must also write the software to manage the computers. With a larger volume of transactions, blocks can become very large. Bitcoin scales all the way from here to global adoption.
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https://www.youtube.com/watch?v=1KE1xCNFN04
Explanation: There is no upper limit to the volume of transactions on Bitcoin. Because Bitcoin transactions can be validated in parallel, in principle miners must add more computational hardware for a larger volume of transactions. Of course, they must also write the software to manage the computers. With a larger volume of transactions, blocks can become very large. Bitcoin scales all the way from here to global adoption.
...
https://www.youtube.com/watch?v=1KE1xCNFN04
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