LynAlden on Nostr: Peer to peer, but not scalable to 8 billion people on the base chain unless you make ...
Peer to peer, but not scalable to 8 billion people on the base chain unless you make an insanely bulky one that only institutions can run. This is "Blockchain 101".
So what you do, is you build additional peer-to-peer layers on top of it, so it consists of multiple layers of open-source peer-to-peer payments and savings technologies for different sizes and speeds.
Published at
2023-12-16 19:49:21Event JSON
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"content": "Peer to peer, but not scalable to 8 billion people on the base chain unless you make an insanely bulky one that only institutions can run. This is \"Blockchain 101\".\n\nSo what you do, is you build additional peer-to-peer layers on top of it, so it consists of multiple layers of open-source peer-to-peer payments and savings technologies for different sizes and speeds.",
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