Post
Topic
Board Altcoin Discussion
Re: Best altcoin to be able to handle lots of transactions?
by
username18333
on 26/08/2015, 21:29:38 UTC
To put things into prespective a punchcard holds 80 bytes, and an 8in floppy holds 80 Kilobytes. Now today does it make any significant diffrence in the cost of sending an email that has an 80 byte or 80 kilobyte message? 50 years ago sending an 80 byte message over the telegraph network would cost around 10 USD (in todays dollars), while the other hand sending an 80 kilobyte telegram would have cost around 10,000 USD in todays dollars.


Quote from: HarperCollins Publishers, "Low-hanging fruit," Dictionary.com, 2012
2.   a course of action that can be undertaken quickly and easily as part of a wider range of changes or solutions to a problem: first pick the low-hanging fruit



Quote from: Graham Templeton, "Stanford’s quantum entanglement device brings us one step closer to quantum cryptography," ExtremeTech, 2012
Researchers at Stanford University have taken another major step toward using quantum entanglement for communication, streamlining the process by which two particles can be forced into an entangled state. Once entangled, each should react to changes in the other’s quantum spin — if one switches from up-spin to down-spin, the other should hypothetically do the same, instantly and regardless of the distance between them. The study demonstrates a technique in which each particle is induced to emit a photon entangled to its parent. By funneling these photons down a fiber optic cable so that they collide somewhere in the middle, the system can force the two parents (still held at their respective sources) to become entangled to one other. While the pipe dream of a latency-free internet is enticing enough, a much more immediate application could be the next generation of data encryption.

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