Questions tagged [scalability]

Scalability refers to the capability of a system or network to cope with growing adoption and workload.

Filter by
Sorted by
Tagged with
1
vote
3answers
79 views

Does Proof Of Stake have any intrinsic scalability Advantage over Proof Of Work?

Is there any intrinsic scalability advantage to using proof of stake over proof of work? Ignoring the environmental impact issue, and ignoring sidechains, can proof of stake achieve higher TPS rates ...
4
votes
1answer
80 views

Does balance broadcasting hinder scalability of LN?

Rene Pickhardt states in his research that broadcasting the balance values would hinder the scalability of the Lightning Network meaning that broadcasting the local and remote balance of each channel ...
2
votes
1answer
156 views

With constant TX throughput and increased TX requests will the mempool and/or fees grow indefinitely?

The Bitcoin network processes around 10-30 transactions per second with segwit. With an increasing amount of TX requests as more and more users join the network, how will the network eventually ...
3
votes
2answers
218 views

What are some arguments to why the bitcoin lightning network isn't scalable to billions of users?

There are arguments to why the current version of the bitcoin lightning network isn't scalable. What are some of the main arguments of why that is? Lightning can work in a small country like El ...
1
vote
1answer
96 views

Will the Taproot upgrade solve Bitcoin's scalability issues?

I understand that scaling Bitcoin is a complicated process so a single upgrade probably won't solve the whole problem, but what do you think the impact of the Taproot upgrade will be on Bitcoin's ...
2
votes
1answer
224 views

How much will Taproot boost Bitcoin's transactions per second?

Currently, the bitcoin network does about 3-7 transactions per second. How much can taproot theoretically increase that? Assuming a current throughput of 5 transactions per second, we get only about ...
1
vote
2answers
280 views

Is Bitcoin-lightning still not scalable?

Bitcoin verifies about 220 million transactions a year. Even when using Lightning, wouldn't I want to verify my Bitcoins at least once a year on the Blockchain? With 8 billion humans verifying once a ...
0
votes
1answer
71 views

Is Bitcoin truly scarce?

I'm a newbie to crypto/blockchain, but I'm very excited about the possibilities. Given how passionate folks can be about the subject, I want to be very clear that I'm not trying to indict Bitcoin or ...
0
votes
2answers
128 views

What is the estimated USD fee price in BTC when Bitcoin is worth 1 million dollars in the future?

Currently, fees in Bitcoin are quite high ($1-$30) to move anything under $50 USD. If Bitcoin is worth 1 million dollars one day, how much would an on-chain fee be? Assuming blocks are going to be ...
0
votes
2answers
72 views

Is there a roadmap to lift the current limit of 220M transactions per year?

I've seen that Bitcoin just supports ~3 TPS. This is 220 millions transactions per year. If every US citizen wanted to perform a single transaction on a year, they simply couldn't. I've also read a ...
0
votes
1answer
44 views

Could a Multi-Chain Bitcoin Help the issue of Scaling?

This question falls under the heading of "shower thoughts" that are Generally discouraged in the bitcoin-dev list. I hope this is the right forum. I have been running my full node for a few ...
0
votes
3answers
87 views

Rationale behind accepting btc as a mode of payment?

Tesla has said they "expect to begin accepting Bitcoin as a form of payment for our products in the near future." But Bitcoin doesn't scale. It achieves about roughly 6 transactions per ...
2
votes
1answer
47 views

Does spy mining negate the harm caused by big blocks on decentralization?

In the question Do larger blocks make it harder for smaller miners to compete? Why? there are some reasons given for why larger blocks hurt smaller pools. Is this still the case with spy mining? Spy ...
3
votes
4answers
169 views

How isn't blockchain fundamentally broken?

This question is a good 3 to 5 years late on the crypto trend but nevertheless I'm still having trouble to understand. The chain works by verifying every previous block, right? How does this not ...
0
votes
2answers
141 views

What is Wrapped Bitcoin WBTC?

I have read on twitter that WBTC has solved bitcoin scaling issues. Is it true? I want to know more about WBTC
3
votes
2answers
3k views

Scalability problem: is the end of Bitcoin near?

I was reading in Wikipedia that the blockchain can only handle around 7 transactions per second: https://en.wikipedia.org/wiki/Bitcoin_scalability_problem With the soft fork for SegWi, I can imagine ...
2
votes
0answers
37 views

How will the Bitcoin scalability problem affect every-day users in the future? [closed]

I get that this will cause transactions to take an extremely long time to process, but why is this a problem? Credit card transactions take about 1-3 days to process, yet many vendors still accept ...
2
votes
1answer
82 views

Problem caused by unconfirmed transaction chains

I want to build a service that requires sending many small bitcoin transactions to multiple wallets (like a faucet). Since the transactions are small, the fees have to be kept small as well so it ...
4
votes
1answer
108 views

What are the downsides of integrating accumulators like Utreexo to bitcoind?

Inspired by the discussion on this question, I wonder what the downsides would be of adding accumulators like Utreexo (site, paper) to bitcoind? On the positive side, it seems like a huge improvement ...
6
votes
1answer
158 views

What is the Big-O for LN bandwidth? Can anyone answer this or provide a link to a spec that is sufficient enough for us to calculate it?

When I worked at Google, if someone wanted to deploy a network application they would need to provide a document to the SREs detailing the behaviour of the application at scale in terms of Big-O. Does ...
0
votes
1answer
71 views

On blockchain scalability bottleneck

It is often said that the major bottleneck of blockchain scalability is that every (honest) node has to process every (valid) transactions. But the progress of a blockchain is how fast it reaches ...
2
votes
0answers
231 views

Why is liquid so inactive and (according to statistics) not being used yet?

After years of development 3 Months ago Liquid (the side chain project) was announced. If you look at https://liquid.horse/ you can find the following statistics as of right now: Sidechain Stats ...
0
votes
1answer
169 views

How do nodes communicate over Lightning network?

I read the following article and watched below video. https://medium.com/@melik_87377/lightning-network-enables-unicast-transactions-in-bitcoin-lightning-is-bitcoins-tcp-ip-stack-8ec1d42c14f5 https:/...
2
votes
2answers
378 views

Does a transaction always get verified/processed by ALL full nodes in the network before being added into the block by some mining node(s)?

If not, then why is it often claimed that the blockchain scaling issue is due to the fact that all tx has to be verified by all full nodes? As long as a mining node found the correct nonce, the tx ...
1
vote
1answer
425 views

Is PBFT a consensus algorithm?

Can we consider PBFT (Practical Byzantine Fault Tolerance) as a consensus algorithm ? And if yes, How does it work? And is it similar to other consensuses such as PoW, PoS or PoA ? Or it is totally ...
0
votes
1answer
74 views

Block Size Hurdle

Given that Bitcoin has a 1 MB block size limit (approx. 2k transactions processed every 10 minutes), would I be correct in saying that as soon as the world will start using Bitcoin more frequently to ...
-1
votes
1answer
62 views

"Centralized Relational Databases" vs. "Decentralized Blockchain " : Which one is really more scalable?

There are many research papers on problem of scalability of blockchains: Just as an example : An Overview of Blockchain Technology: Architecture, Consensus, and Future Trends However, (usually by ...
2
votes
0answers
220 views

What is the difference between Compact Blocks, Thin Blocks, Xthin and Graphene Compression?

What is the difference between these block propagation techniques in terms of size / bandwidth & computation requirements and also compatibility & reliability? All the above techniques try to ...
4
votes
1answer
341 views

Is it possible to splice a new participant into a LN channel factory?

I am reading paper named "Scalable Funding of Bitcoin Micropayment Channel Networks". If Alice, Bob, and Charlie created a channel factory, I thought that only these three people can make a payment ...
1
vote
2answers
873 views

What is the smallest fee you can pay for an on chain transaction?

From what I understand, the smallest fee you can pay to miners per transaction is 1 Sat/byte. With a basic Bitcoin transaction being roughly 250 bytes that would obviously mean the fee is 250 sats. ...
0
votes
1answer
73 views

Full node storage requirements for new 2MB block which is only 10% full

If blocks were 2MB, and a 2MB block that is only 10% full gets confirmed, then how much additional storage is required on a full node? I am guessing the correct answer here is 200K? Thanks in ...
1
vote
4answers
61 views

Why blocks are validated instead of transactions?

In most of the conventional blockchains, blocks are validated instead of transactions. Why cant' transactions validated directly? The structure of basic blockchains are linked lists, by having DAGs, ...
0
votes
1answer
63 views

Is scaling Bitcoin heading it to a dead end?

The immutability of any given blockchain is reinforced by the total hashing power behind it. Proof of work (ergo a financial commitment) is a necessity to ensure the party verifying transactions is ...
0
votes
1answer
307 views

How does LN solve the liquidity problem?

How do nodes in LN manage to provide 100% collateral to all the outgoing channels? I attached an example below that details my confusion about the lack of liquidity.
1
vote
1answer
442 views

How does the lightning network solve double spending?

This is probably obvious to some of you on here, but I'm a beginner. I recently read the lightning network whitepaper and its very unclear to me how the lightning network addresses the double spend ...
1
vote
2answers
627 views

What is the size of different types of channel funding/closing transactions for the Lightning Network?

This matters a lot for people who want to host a Lightning Network node and will influence LN-transaction fees, because a node-host has to justify the miner fees of setting up channels for others with ...
2
votes
1answer
265 views

What cryptocurrency has the most potential to replace everyday cash / casual transactions? [closed]

I am asking in terms of transaction fees, scalability, transaction time etc. I am a bit lost with so many cryptocurrencies coming out and focusing on different problems. What's some of them or one of ...
50
votes
1answer
14k views

What are Channel Factories and how do they work?

One of the open research questions for Lightning Network is that it will take a massive amount of on-chain transactions to create enough payment channels for all the Lightning Network users. Lately, I'...
1
vote
3answers
122 views

Can we drive the bitcoin transaction fee arbitrarily close to zero by keep increasing the block size limit?

Can the bitcoin scalability problem be solved in the long run by increasing the block size limit (either dynamically or statically)?
1
vote
0answers
84 views

Polling for transactions -- possible scalability issues?

We are generating a few thousand addresses by an offline wallet, and plan to run a bitcoind node to check for incoming transfers. The idea is to check an address e.g. every second and get the list of ...
1
vote
1answer
3k views

Why is Bitcoin's unconfirmed transaction count rising and what effect does it have on the network?

I see that blockchain.info is reporting a large and steadily growing number of unconfirmed transactions. I assume that these are all transactions broadcasted to the network but never confirmed as a ...
2
votes
1answer
321 views

On-chain scaling still required with Lightning Network?

I'm wondering if/how Lightning Network relieves us of on-chain scaling on the road towards mass-level adoption. As I understand, payment broadcasts are deferred to the point in which the channel is ...
-1
votes
2answers
168 views

Blockchain Recent Scaling Proposals : (Sharding, blocksize , SegWit, GHOST, Lightning, multichains, sidechains, DAGs)

What are some recent scaling proposals worth note? (Continually Updated)
1
vote
2answers
108 views

Does the entire blockchain have to be recomputed to validate a transaction?

Are transactions validated by recomputing the entire blockchain? If not, how else can it be confirmed that a bitcoin I'm attempting to transact is one that I actually had come into acquisition of ...
0
votes
1answer
66 views

Bitcoin with primitive Blockchain

Currently Bitcoin blocks are limited to 1MB and each block seems to hold roughly 1000 transactions assuming each transaction is 1KB. Much of a transactions size seems to be caused by Bitcoin's built-...
4
votes
2answers
3k views

What is the difference between on-chain scaling and off-chain scaling?

What is on-chain scaling and off-chain scaling? What is the core difference between on-chain scaling and off-chain scaling?
0
votes
2answers
40 views

Better Capacity with More Nodes

In regards to the scaling debate, transactions per second etc. I’m curious, and I don’t often see this mentioned. But why not add more nodes to the network to alleviate some of the load? I’m pretty ...
2
votes
1answer
196 views

Bitcoin fees as of 2017-10 range from $3-$10 to send. How is this going to be sustainable with an increasing price?

Sending anything less than $10 is not feasible if the bitcoin fees are greater than $3. As the Bitcoin price increases to say $10,000. The fees would be much higher. And since fees cannot be lowered ...
4
votes
1answer
2k views

Blockchain size problem

According to my understanding, the ledger/blockchain is stored on every computer (node) that partakes in the network. The beauty of this system is that it is decentralised and backed up by every ...
2
votes
1answer
227 views

Is bitcoin sustainable? [closed]

A rather dumb title, however I have question that I cant get a grip on related to bitcoin: If the amount of bitcoin is supposed to have an upper limit, what is the incentive to mine in the future if ...