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From: Thomas Guyot-Sionnest <dermoth@aei.ca>
To: Lucas Clemente Vella <lvella@gmail.com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>,
	Tom Zander <tomz@freedommail.ch>
Subject: Re: [bitcoin-dev] Horizontal scaling of blockchain
Date: Fri, 1 Sep 2017 13:24:56 -0400	[thread overview]
Message-ID: <a172c495-c868-5e13-5db9-59e5cbb52f38@aei.ca> (raw)
In-Reply-To: <CAGCathxjDsST6xD+CvKN_3md3UcWuKqgSvV+CjaTqS4gPaPGZg@mail.gmail.com>

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On 01/09/17 01:15 PM, Lucas Clemente Vella via bitcoin-dev wrote:
>
>     > The current chain is effectively single threaded.
>
>     This is not true, since xthin/compactblocks have been introduced we
>     completely removed this bottle-neck.
>     The transactions will be validated continuously, in parallel and
>     not just
>     when a block is found.
>
>
> If I understood correctly, OP was not talking about the process inside
> a node being single threaded, but instead that the whole bitcoin
> distributed system behaves as single threaded computation. OP seems to
> be describing a system closer to what IOTA uses, by distributing among
> the miners the task of validating the transactions. Although, without
> more specific details, it is hard to judge the benefits.
>

If the goal is reducing the delay for validation then I don't get what
advantage there would be vs. reducing the difficulty.

Also it is my understanding that with the Lightning network transactions
could be validated instantly by third parties and could be subject to
smaller fees overall...

Regards,

-- 
Thomas


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  reply	other threads:[~2017-09-01 17:25 UTC|newest]

Thread overview: 7+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-09-01 12:47 [bitcoin-dev] Horizontal scaling of blockchain Cserveny Tamas
2017-09-01 13:12 ` Tom Zander
2017-09-01 17:15   ` Lucas Clemente Vella
2017-09-01 17:24     ` Thomas Guyot-Sionnest [this message]
2017-09-01 18:15     ` Cserveny Tamas
2017-09-01 19:40       ` Thomas Guyot-Sionnest
2017-09-02 21:13       ` Tom Zander

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