Crypcocurrencies need to stop requiring us all to hold every transaction in one unified blockchain dump. There has to be some way to break the network out into shards while still preserving the distributed nature and ability to pay anyone.
No matter what we do, moving and storing every single transaction is insane. It's like my bank account needing to know what every person in the world's purchases are this morning. I shouldn't need to know what some guy on the other side of the world spent his lunch money on, just to buy my own.
What am I missing? Surely the uber com sci phd's have fully solved this?
No matter what we do, moving and storing every single transaction is insane. It's like my bank account needing to know what every person in the world's purchases are this morning. I shouldn't need to know what some guy on the other side of the world spent his lunch money on, just to buy my own.
What am I missing? Surely the uber com sci phd's have fully solved this?