0 sats \ 3 replies \ @falsejaguar 7 Sep 2022 \ on: Proof-of-Stake & the Wrong Engineering Mindset bitcoin
When I first heard of blockchains I thought I must misunderstand. There's no way it's that retarded. Yes, it is. All data from the ledger is copied to each part of the network, the exact opposite of how computer networks store data (on a server). Imagine all of wikipedia needed to be downloaded by each user. LMFAO. So retarded. Then I heard about sharding. It's like making a silly idea even dumber. Now you don't even have the entire ledger on each part which is laughable in the first place, now you just have some. Hahahahaha.
That said I understand the value of a distributed ledger guys.
all of data is copied to each part of the network
Yes, that's how anti-fragility of data works, through replication, so that any bitcoin node can accidentally break it's ssd with ledger state on it and it will make zero impact on the network. Don't know what's dumb about it, bitcoin is much more secure than any traditional finance network, where else can you find a system where the state is backed up on >8k servers (nodes) ? I bet visa/mastercard has less than 100 servers of backups.
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What's "dumb" about it is the fact that data can only grow over time, and the resources can only increase over time. Imagine wikipedia being downloaded to each user. That's safest for the data, but inefficient by design and entropy should tell you the inevitable conclusion of approaching the problem that way. Sharding is basically taking a flawed concept and applying another flawed concept. So half ass redundancy. That said, there's nothing dumb about any of it other than the obvious inherent flaws. But no, I have no idea how else it could be achieved.lol
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Yes, as the number of transactions grow the resource usage will grow over time. This is a known concern and is being addressed by both ethereum and other blockchain devs. Mostly by the concept known as state rent or state expiry + more sophisticated data pruning algorithms. I mean we are not running out of space to store all the useless tiktok videos, we shouldn't be running out of space to store value transfers either.
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