But Ethereum's raison d'etre is "X for the blockchain".
VISA does 56,000 tps.
So it's really simple. How are you going to hit 56,000 tps on the blockchain. The Bitcoin community, which is far bigger and generally more experienced than Ethereum's just spent 18 months vigorously debating this question. Do you suggest Ethereum has come up with a better answer?
And the criticism here is around the selling point of Ethereum: "everything goes on the blockchain". You're telling me after 18 months of debate, the best you've got to say about that is: "an account based architecture"?
What is it about widgets fully encapsulated in a blockchain-native smart contract on Ethereum that makes it so much more scaleable than a similar widget on Bitcoin's blockchain?
VISA does 56,000 tps.
So it's really simple. How are you going to hit 56,000 tps on the blockchain. The Bitcoin community, which is far bigger and generally more experienced than Ethereum's just spent 18 months vigorously debating this question. Do you suggest Ethereum has come up with a better answer?
And the criticism here is around the selling point of Ethereum: "everything goes on the blockchain". You're telling me after 18 months of debate, the best you've got to say about that is: "an account based architecture"?
What is it about widgets fully encapsulated in a blockchain-native smart contract on Ethereum that makes it so much more scaleable than a similar widget on Bitcoin's blockchain?