Hi,
I was thinking about how to scale the block-chain.
The fundamental problem is that if the miners add capacity it will only
increase (protect) their share of block reward, but does not increase the
speed of transactions. This will only raise the fee in the long run with
the block reward decrea
Yes. I meant the single thread as an analogy, if a block is found, other
blocks are worthless. (more or less) Longest chain wins.
My line of though was, that currently the only way to scale with the
traffic (and lowering the fees) is increasing the block size (which is hard
as I learned from recen
