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onnoonno | 10 years ago

> The latter part is true, but BTC cannot provide that. It's nothing more than a nifty hack. It kind of works, which is impressive, but it is horrible inefficient and impossible to scale due to its inherent limitations. So far the only solutions that have been proposed were to tack on even more complexity. To make matters worse, all of these solutions have remained vapourware for quite some time.

It is not a given that Bitcoin cannot scale, even though a select few in the ecosystem repeat this as if it is a fundamental truth.

Bitcoin is proposed by many in the ecosystem to scale as it has been before: By scaling up transactions on the chain. See http://www.bitcoinclassic.com/

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