...Peter R had his own transactions version. That seemed like it could work back in 2014. In both cases I believe we've seen at least 100% increases while the market cap has not quite followed.
I'm curious what both charts would look right about now but I'm afraid it would invalidate both theories. The reason might be that no one knows exactly how to quantify the amount of users in the network.
I'm curious what both charts would look right about now but I'm afraid it would invalidate both theories. The reason might be that no one knows exactly how to quantify the amount of users in the network.
Sure.
Brg444, what do you think of my last response to your comment about moving the block size limit out of the consensus layer?
It is an interesting idea but I'm still thinking it through. Should get you a reply by this weekend.
As a quick thought: I'm worried about centralization issue. (yes :/)
First thought is what you are proposing could effectively creates an arm race in mining and node connectivity which will most likely prove to be out of reach of regular users.
Possibly centralizing these nodes farms & miners geographically because of internet politics.