Post
Topic
Board Bitcoin Discussion
Re: FORK POLL - A transactions per second comparison of the top 10 cryptocurrencies
by
ArticMine
on 03/06/2015, 18:05:19 UTC
...

Please elaborate.

100 bytes of data will always be 100 bytes of data, regardless of what technological advancements are made in storing, transmitting it, or processing it.  All you can hope for is that these methods of managing progress closer to the optimal over time.

The ultimate "fixed amount of resources" required to process that 100 bytes in any manner are governed by the laws of thermodynamics.  So ultimately, there is a fixed amount of resource required to perform an action on that 100 bytes, and it stays in place forever, we just aren't anywhere near it.

The critical question is that amount of resources that are consumed rather than the amount of data that is processed. Take for example the first hard drive developed by IBM in 1956. http://www.extremetech.com/computing/90156-the-history-of-computer-storage-slideshow/6
Quote
The first hard disk drive shipped in 1956 with the IBM 305 RAMAC computer. The computer itself was vast — about 30 feet by 50 feet (9m x 15m) — and the storage device itself, the very first commercial hard disk drive, was a 1.5-meter cube. The drive had 50 24-inch platters and a total capacity of 5 million characters (5MB), or the equivalent of 64,000 punchcards. Just two read/write heads were used to access the entire array of platters. The platters only spun at 1200 RPM, too, which meant the average access time was very slow — around one second.
Now compare this with a modern 1TB SSD drive. The latter can handle  200,000 times as much data while using a minuscule fraction of the resources.

The math is actually very simple if the exponential rate of data growth is less than the exponential decline on the resources required to handle say 100 bytes of data, then the amount of resources is actually falling at an exponential rate.

Edit 1: I was born in 1957 so I have experienced this relationship between data and resources for my entire life.

Edit 2: The 5MB hard drive in 1956 was far less sustainable and far more centralizing than the 1TB SSD is today.